Economics

Tanzania Leader Wary of Backlash as Gas Super Tax Considered

Lock
This article is for subscribers only.

Tanzania may reconsider the proposed introduction of a super-profit tax on natural gas production after gold miners criticized a similar measure recommended three years ago, President Jakaya Kikwete said.

“We have not taken a final decision yet,” Kikwete, 63, said in an interview on April 11 at his office in Dar es Salaam, the country’s commercial capital. “It’s something we are aware of that may create a lot of concerns and jitters and may probably have negative effects. We’ll look into that carefully.”