Tanzania mining reforms set stage for new negotiations
Tuesday, July 25, 2017
Significance
Earlier in July, the National Assembly passed three bills overhauling the regulatory framework for the extractive industries. Together, they constitute an attempt to squeeze additional revenue from mining operations.
Impacts
- The president’s assertive stance will strengthen his domestic political standing.
- The regulations may create new domestic patronage opportunities.
- The impact on the energy sector will be moderated by its greater value.
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