Investors wary as Tanzania moves to assert more control over mines

Tanzanian President John Magufuli. FILE PHOTO |

Nairobi/London

New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa’s brightest mining prospects as companies assess the consequences of government efforts to claim a bigger slice of the pie.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.