Foreign investment in mining activities is subject to partnership with indigenous Tanzanian companies.
"3.In these Regulations, unless the context otherwise requires-[...]
"corporation" means the entity to be established or designated as such to for purposes of holding control of Government mineral assets; [...]
"indigenous Tanzanian company" means a company incorporated under the Companies Act that - (a) has at least fifty-one percent of its equity owned by a citizen or citizens of Tanzania; and (b) has Tanzanian citizens holding at least eighty percent of executive and senior management positions and one hundred percent of non- managerial and other positions; [...]
"mining activities" means any activity engaged in within and outside Tanzania related to the exploration for, development and production of minerals, the acquisition of data, mining and extraction or mining of minerals, storage, transportation and decommissioning and the planning, design, construction, installation, operation and use of any facility for the purpose of the mining operations;
"mining operations" means operations carried out in the course of undertaking mining activities;
[...]
Interest of a citizen in mining operations
8.-(1) An indigenous Tanzanian company shall be given first preference in the grant of a mining license with respect to mining activities subject to the fulfillment of conditions specified in these Regulations.
(2) There shall be at least a five percent equity participation of an indigenous Tanzanian company other than the Corporation to be qualified for grant of a mining licence.
(3) Despite sub-regulation (2), the Minister may vary the requirement specified in that sub-regulation, in circumstances where an indigenous Tanzanian company is unable to satisfy the requirement of five percent equity participation.
5) The interest of an indigenous Tanzanian company arising from a mining license is not transferable to a non-indigenous Tanzanian company.
(6) A non-indigenous Tanzanian company which intends to pro-vide goods or services to a contractor, a subcontractor, licensee, the Corporation or other allied entity within Tanzania shall incorporate a joint venture company with an indigenous Tanzanian company and afford that indigenous Tanzanian company an equity participation of at least twenty percentum.
(7) A contractor, subcontractor, licensee or other allied entity shall before the commencement of mining activities submit a plan to the Commission specifying- (a) the role and responsibilities of the indigenous Tanzanian company; (b) the equity participation of the indigenous Tanzanian company; and (c) the strategy for the transfer of technology and know-how to the indigenous Tanzanian company. [...]" (THE MINING (LOCAL CONTENT) REGULATIONS, 2018)
THE MINING (LOCAL CONTENT) REGULATIONS, 2018
[<a href="https://tanzlii.org/akn/tz/act/gn/2018/3/eng@2018-01-10">Reg</a>]