|26 & 27 July 2018|
|Location and Venue:|
|The Hyatt Regency, Dar Es Salaam Tanzania|
The NEW Tanzania Mining Law, Local Content Policy & Tax Regime
Attend this 2 day event and receive insight into the 9 new mining regulations and orders of Tanzania PLUS attend the 2 interactive workshops on the Tanzania Fiscal Regime and Local Content Policy.
The Tanzanian government has overhauled the fiscal and regulatory regime of its Mining sector. Under 9 new regulations which the mining ministry passed in January and February this year, Tanzania will now make it compulsory for foreign-owned mining groups to offer shares to the government and local companies.
The Mining (Local Content) Regulations of 2018 are now in effect. According to this regulation a contractor, sub-contractor, licensee (mining company) or other allied entity shall maintain a bank account with an indigenous Tanzanian bank and transact business through banks in the country. The local content regulation imposes a fine of at least $5 million for mining companies that fail to implement the new requirements.
The Mineral Rights Regulations provide for how mineral rights holders can apply for mineral rights licenses and the procedure, costs and requirements for such licenses.
“Tanzanian President John Magufuli on 18 April 2018, appointed a chairperson and commissioners for the country's new mining commission, Mr Idris Kikula. The appointment of the mining commission and new regulations published this year mean the country can now resume issuing new mining licences to investors.”
An in depth analysis of the 9 NEW REGULATIONS & ORDERS in the Tanzania Mining industry:
PLUS 2 INTERACTIVE WORKSHOPS:
Pricing and Discounts:
1 Day Event plus 2 workshops: USD 990
Register 3 or more: USD 850 each
Tanzania’s new mining rules impose restrictions on foreign banks, insurers. Read more here.
The Mining (Local Content) Regulations, 2018. Read more here.
Amendments to the Mining Act in Tanzania. Read more here.
Tanzania’s New Natural Resources Legislation: What Will Change? Read more here.
Tanzania names chairperson for new mining commissions. Read more here.
New Tanzania mining commissions brings fresh rules but fails to derail golden status quo. Read more here.
Peter manages Clyde & Co's Dar es Salaam, Tanzania office. He has a wealth of experience advising on projects in Africa. Peter has successfully closed several projects in the oil & gas, infrastructure, telecoms, mining, energy and power sectors on the continent, acting for lenders (both commercial and development finance institutions), consortia and project companies.
Prior to joining Clyde & Co he was in-house counsel at the African Development Bank having previously worked at a leading City of London firm managing project finance transactions in emerging markets.
Amalia is a qualified practicing Advocate in Tanzania with more than eight years’ experience in dealing with complex commercial matters, including but not limited to mining, oil and gas, energy and alternative dispute resolution. She has been involved in high profile projects in Tanzania which involved negotiation and drafting of contracts between investors and the Government. Amalia brings great commercial sense into any legal transaction and she always has a unique approach to transactions. She also has experience in working in Clyde's London office and another international law firm based in London.
Laurian has more than 20 years professional experience in tax compliance and advisory services to local and international clients. He is a Certified Public Accountant (CPA-PP) and a member of National Board of Accountants and Auditors of Tanzania and holds Bachelor of Commerce (Hons) degree from University of Dar-Es-Salaam, postgraduate diploma in tax administration from the Institute of Finance Management Dar-Es-Salaam. He also holds a higher diploma in tax law from the University of Witwaterand’s Johannesburg South Africa. Before joining EY in 1996, he worked as Tax Assessor at the Tanzania Revenue services and Tax trainer at the tax Institute. Laurian is also a registered tax consultant with the Tanzania Revenue Authority and a member of the Tanzania Accountancy Association.
Charles regularly advises mining exploration and extraction companies on corporate and commercial issues such as joint venture agreements, transfers or assignments of mineral rights, applications for mining and prospecting licenses and has conducted multiple large-scale due diligence exercises for foreign investors looking to invest in the Tanzanian mining sector. Charles obtained an LLB (Hons) from the University of Dar es Salaam in 1977. He is the current President of the Tanganyika Law Society, the Bar Association of Tanzania Mainland, and an ex official member of the Council of the International Bar Association (IBA) and the East African Law Society (EALS).