Tough Laws See Multinationals Give Up Majority Stakes in Tanzania

With President John Magufuli's administration seeking a new business order that will see Tanzanians benefit more from foreign investments, companies like Multichoice Tanzania are facing a takeover and change in shareholders, with the majority stake going to influential ex-government officials.

Changes in law and tax demands see multinationals give up majority stakes in Tanzania.

See What Everyone is Watching

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.