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ru24.net
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Апрель
2023

Recent legislative changes improve mining sector

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Although extensive changes made to the Tanzanian mining laws by the previous administration of John Magufuli disincentivised mining investors, subsequent changes – introduced by Magufuli and current President Samia Suluhu Hassan to address investor concerns – have resulted in Tanzania’s becoming a “preferred investment destination”, says law firm Beech Veltman CEO Warren Beech. In 2017, under the leadership of Magufuli, there were several wide-ranging changes to the Mining Act of 2010. Various regulations were enacted in 2018, and then amended in 2019. These changes made the operating environment for mining companies extremely restrictive, and increased government control over the mining sector.  



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