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DRC, Tanzania resource nationalist measures more extreme – Leon

By:  
Creamer Media Editor
 
MINING LEGISLATION
The resource nationalist measures being implemented in the Democratic Republic of Congo (DRC) and Tanzania are significantly more extreme than those being adopted and even considered in most other African countries. One likely reason for this is that the DRC and Tanzania both suffer from significant institutional weaknesses. In that sense, they are outliers, but the general trend is undoubtedly in the direction of greater fiscal control and greater state intervention, as espoused in the African Mining Vision adopted by the African Union in 2009. This calls for transparent and equitable revenue collection and distribution; and leveraging mining to stimulate beneficiation,  procurement) and the development of infrastructure, technology and skills.
 
 
 
 
 

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