Tanzania's Mining Reforms a Bonus for Small Scale Miners
Parliament has approved a Bill designed to relieve small scale miners of the burden of paying withholding tax of 5% and 18% value added tax. The amendments to the Mining Act will make it compulsory for traders to buy and sell minerals through mineral and gem houses that will be established countrywide.
East African, 25 February 2019
The reforms in Tanzania's mining sector have come as a boon for the small-scale miners, as the government has set its sights on multinational firms, on whom it has placed a heavier… Read more »
Mining activities at the Ntunga site (file photo).
Speaking at a meeting with the mining stakeholders, government officials and the business community in Dar es Salaam, President Magufuli said, the current taxes are "unacceptably ... Read more »