Analysis of legal framework on investment promotion and contribution to technology dissemination in Tanzania :a case of selected mining companies
| dc.contributor.author | Bonephace, Mectrida | |
| dc.date.accessioned | 2024-04-15T09:55:42Z | |
| dc.date.available | 2024-04-15T09:55:42Z | |
| dc.date.issued | 2014 | |
| dc.description | A dissertation submitted in partial fulfillment of the requirements for the award of Master of Laws Degree (Commercial Law) of Mzumbe University. | |
| dc.description.abstract | This study premises that legal and regulatory framework on investment, particularly the mining investment, grants more promotions than it is necessary. The study was hopeful that since the government has hosted mining operations for a long time, and the benefits thereon have long been pecuniary ones, (which have not transformed the country from poverty) the government should have planned for the best benefits from mining investments. The best benefit proposed by this study is tapping technology which will enable the government operate and run the mining sector on its own, with little or no dependence on foreign entities. Technical development sustains the mining sector and renders the sector beneficial to the State and its nationals; instead of being enjoyed by the foreigners whilst the indigenous are impoverished. In this study, data collection mechanisms involved: library research, interviews and direct observation. The targeted area of research was mining sector - via selected mining companies. The study’s concern is that, technology transfer is neither cheap nor easy. Since the promotional benefits offered to the investors are excessive and most especially resulting in revenue loss, the benefits granted to the investors should be honoured at least by tapping, nurturing and sustaining the technical know-how which is already available in the boundaries of the nation as brought by the investors. This process would be less expensive than buying and transferring the same from the country of origin. The study finds that investment promotion is a necessary evil. Lack of technology in respect of mining management jeopardizes Tanzania’s participation in mineral indulgence. However; dissemination has been impractical due to lack of legal pressure to that effect. Neither the Mining Act1 nor the Investment Act2nor any other law in the country has provided for a vigorous need to tapping technology. In order to achieve technology retention therefore laws and regulations governing mining and investment need a quick reform. Institutional framework should also be strengthened for purposes of making sure technology keeping in the territory is conceivable. | |
| dc.description.sponsorship | Private | |
| dc.identifier.citation | Chicago | |
| dc.identifier.uri | https://scholar.mzumbe.ac.tz/handle/123456789/604 | |
| dc.language.iso | en | |
| dc.publisher | Mzumbe University | |
| dc.subject | mining sector | |
| dc.subject | mining Acts | |
| dc.subject | principles of Investment | |
| dc.subject | Transfer of Technology | |
| dc.title | Analysis of legal framework on investment promotion and contribution to technology dissemination in Tanzania :a case of selected mining companies | |
| dc.type | Thesis |