Foreign shareholding is limited to 49% in the business of selling meat from authorised hunted animals ("game meat").
"2. In these Regulations unless the context otherwise requires-
“Act” means the Wildlife Conservation Act;[...]
“game” shall have the meaning ascribed to it under the Act;
“game meat” means the fat, blood, flesh or an offal of any animal whether fresh, dried, pickled or otherwise preserved;
“game meat selling facility” means a licensed and registered place or amenity for cutting up and selling of game meat; 
[...]
4. Game meat shall be obtained through the following sources:
(a) resident hunting; (b) tourist hunting;  (c) wildlife farms, ranches and zoos; and  (d) culling, cropping and problem animals control. 

PART III - PROCEDURES FOR APPLICATION AND REGISTRATION OF GAME MEAT SELLING FACILITIES
Applications for registration
5 (1) Any person who desires to own and operate a game meat selling facility shall submit an application for registration to the Director General in the form set out in the First Schedule to these Regulations.
[...]
6. The Director General shall, in considering the applications under regulation 5, have regard to the following:
(a) that the applicant is a citizen of the United Republic of Tanzania and in the event of a body corporate, at least 51% of the shares are held by a citizen or citizens of the United Republic of Tanzania; [...]" (THE WILDLIFE CONSERVATION (GAME MEAT SELLING) REGULATIONS, 2020)
THE WILDLIFE CONSERVATION (GAME MEAT SELLING) REGULATIONS, 2020
[<a href="https://www.maliasili.go.tz/uploads/Game_Meat_Selling_Regulation.pdf">Reg</a>]