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Unleashing-Tanzanias-mining-potential-Business-The-Citizen-17-NOV-2016.pdf
Preview of Read Article by PwC Tanzania
🔗 Source: velmalaw.co.tz
📊 Size: 75 KB
📄 Pages: 4 pages
⬇️ Downloads: 203

Summary

Tanzania's economy is poised to maintain its momentum, with 7% GDP growth and sustainable debt and fiscal deficit levels. The current government prioritizes industrialization, but mining also plays a significant role, contributing to foreign exchange income and economic growth. Despite the global mining downturn, Tanzania has potential in minerals like helium, graphite, niobium, and rare earths, driven by the "battery boom" and increasing demand for lithium-ion batteries. However, the country needs to improve its investment attractiveness ranking to attract inward foreign investment, and appreciate the contribution of mining to the economy, beyond just profit-based taxes.

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Tanzania's economy is poised to maintain its momentum, with 7% GDP growth and sustainable debt and fiscal deficit levels.

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  • File Format: PDF
  • File Size: 75 KB
  • Pages: 4
  • Language: EN
  • Total Downloads: 203
  • Last Updated: 1 week ago

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