Tanzania Mining Laws Under Scrutiny
CEO of Centurion Law Group NJ Ayuk was interviewed by CNBC Africa about the new mining laws in Tanzania. Among other things, the laws will give the governments the rights to renegotiate all current contracts and stipulates dispute resolution must take place in Tanzania.
“Does this legislation actually stifle growth in that sector? Does it stifle development and does it really, really ensure that investors can continuing investors in Tanzania?” Ayuk asks in the interview. “Because the issue here is that most of those investing, they are not Tanzanians. They are foreign investors. So you have to create incentives for them to continue putting money into the country while protecting the nationals of the country and ensuring that governments gets its fair share.”
Watch the interview here.
March 14, 2019A look at Angola’s new oil-licensing strategy (2019 – 2025)
February 26, 2019Carl Mbeng on Centurion’s Central Africa strategy
February 21, 2019Africa Oil & Power 2019
February 15, 2019Centurion Law Group again number one in Equatorial Guinea
January 31, 2019Benin’s National Assembly adopts new petroleum code