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Evaluation of government equity participation in the minerals sector of Tanzania from 1996 to 2015

机译:1996年至2015年坦桑尼亚矿业部门的政府股权参与评价

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Government's equity role in the minerals sector is one of the nationalist measures implemented in order to ensure greater control and management of a country's mineral resources. This paper evaluates the Tanzanian government's equity participation in the minerals sector from 1996 to 2015. The research methodology included determination of the number of mineral rights, minimum allowable exploration expenditures in prospecting licences (PLs), and forms of equity role of the government. Data was collected and analysed for PLs, mining licences (MLs), and special mining licences (SMLs). The study revealed a number of challenges faced by the Tanzanian government as regards its equity strategy in the mineral sector. One of the major challenges was the secrecy surrounding agreements and contracts entered into between the government and private sector investors, which were concluded via various business ownership and mineral development projects. This secrecy resulted in non-transparency and lack of accountability in the mining industry. The financial benefits accruing to the government were inadequately realized, evident through inconsistent payments of corporate income tax and mining royalties by the mining companies. Furthermore, the government does not have solid mechanisms and frameworks for assessing non-financial benefits, thus it is difficult to measure the impact of these factors, It is recommended that the Tanzanian government review the Mining Act and Regulations of 2010 to include the provision of solid mechanisms and frameworks for all forms of government equity role.This paper is based on an MSc research study undertaken at the University of the Witwatersrand.
机译:政府在矿物部门的股权作用是实施的民族主义措施之一,以确保对一个国家的矿产资源进行更大的控制和管理。本文评估了1996年至2015年坦桑尼亚政府的股权参与矿产部门。研究方法包括确定矿产权的数量,勘探许可证(PLS)的最低允许勘探支出以及政府的股权作用形式。收集数据并分析了PLS,采矿许可证(MLS)和特殊采矿许可证(SML)。该研究揭示了坦桑尼亚政府面临的许多挑战,以其矿产股权战略。其中一个主要挑战是,通过各种商业所有权和矿产开发项目缔结的政府和私营部门投资者之间的保密委员会和合同。这种保密导致采矿业缺乏透明度和缺乏问责制。通过矿业公司不一致的企业所得税和矿业特许权使用费,政府的财政福利因其不足而明显。此外,政府没有固体机制和框架,用于评估非经济利益,因此难以衡量这些因素的影响,建议坦桑尼亚政府审查2010年的采矿法和条例,包括提供各种形式的政府权益作用的实心机制和框架。本文基于在Witvatersrand大学进行的MSC研究研究。

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