A SNAPSHOT OF LOCAL CONTENT COMPLIANCE LAW IN THE CONTEXT OF MINING INDUSTRY IN TANZANIA
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Keywords:
Africa Mining Vision, Compliance, Empowerment, Maximum Benefits, Mineral Resource Endowments, Local Content, Participation, Mining, TanzaniaAbstract
This paper discusses on the development of Tanzania local content regime's policy and legal framework in the extractive industry, specifically on the mining industry. The author starts by deliberating on the evolution of Tanzanian local content compliance law in the mining. Then followed by the conversation on the governing principles, objectives, strategies, and guidelines used by the Tanzanian government in developing local content paradigm in the extractive industry. The author intended to assess the prerequisites which form the very basis of the legal framework governing local content compliance law in the context of mining industry in Tanzania and to investigate their relevance in ensuring maximum benefits obtained under mineral wealth. This paper employed purely qualitative research approach in collecting data. The author found that Tanzania had a legitimate reason as to why opted for local content compliance law in the mining industry. This paper recommends that further initiatives on ensuring the intended beneficiary to local content are aware about the regime. So that they understand the current normative framework on local content.
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