Tanzania

The United Republic of Tanzania is the second-largest economy in East Africa and seventh largest in Sub-Saharan Africa and has an estimated population of 59 million people. The country boasts a great diversity of geology, hosting a rich variety of minerals, with gold by far being the most valuable mining segment, accounting for 90% of the total value of mineral exports.

Mining Regime Highlights:

• Primary gold field: Lake Victoria
• Secondary gold field: Lupa
• Sophisticated infrastructure network
• Corporate tax rate - 30%
• Royalty - 6%

Capital City – Dodoma

Population - 62 million (2022 Census)

Primary Industries - Agriculture, manufacturing, mining, services sector, and tourism

Elections - Every 5 years (most recently in October 2020)

Currency – Tanzanian shilling (Tsh)

Languages – Swahili and English are widely spoken languages

COMPLEMENTARY LANGUAGE AND LEGAL SYSTEMS BETWEEN TANZANIA AND KENYA BASED ON ENGLISH LAW