Jun 12, 2018 SOURCE: © CTO Data Services Co.
TANZANIA IMPOSES STRICT LOCAL CONTENT AND TECHNOLOGY TRANSFER RULES – JAIL FOR OFFENDERS
New laws passed in Tanzania requires companies looking to invest in the country’s mining sector to transfer technology to local firms. The laws also stipulate significant industrial participation as part of any deal involving the sector.
The ‘Mining (Local Content) Regulations 2018 Law’ aspires to “promote the maximization of value-addition and...
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