Tanzania
Tanzania – Facts
- Member of the EAST AFRICAN COMMUNITY (EAC )
- Legal system based on UK law
- Clearly defined Mining Legislation Act (revised 2010)
- Africa’s 4th largest Gold Producer
- Independent Government since December 1961
- Political system: Multi-Party democracy
- Population 46M – land area 945,203 sq. kms
- Favourably rated for security of foreign investment
- Generous Capital Depreciation Schedules
- Current Issues:
- New Legislation enacted July 2017
- Government to acquire a 16% shareholding – free carried interest
- Awaiting regulations for clarity
Tanzoz committed to developing Chenjere Large Flake Graphite into producing mine in Q1-2020.
Tanzania is one of Africa’s latest mining success stories.
Contact
Corporate Head Office
Level 2/ 32 Park Rd,
Milton QLD 4064,
Australia
Ph: +61 7 3369 8869