LOCAL CONTENT - Millennium Promise

The review included dedicated mining or petroleum sector or specific local content legislation, regulations, policy and contracts. 3 Those clauses are framed and singled out by a "thumb up". 4 Our criteria for assessment of the quality of the provisions were language that is less likely to present a loophole, i.e. less likely to be subject to ...

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Local Content Policies in the Mining Sector: Scaling up ...

Local Content Policies in the Mining Sector: Scaling up local procurement 1.0 INTRODUCTION In a large number of resource-rich countries, the mining sector is an important driver of growth, in particular during commodity boom periods. This is a result of large investment inflows and revenue generation essentially driven by exports.

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Impact of the amendments to the Mining Local Content ...

In this month's Finance Briefing we review the effects of the amendments to the Mining (Local Content) Regulations, 2018 on the operations of commercial banks in Tanzania.

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the effects of local content regulation on mining ...

Significant drive towards increasing local content - Mining Weekly. Nov 24, 2011, Increased local content supply is widely held to result in more jobs, She believes there will be an increased focus on local content regulation, not only in Africa but, However, the Australian mining industry continues to reject calls for, of all possible economic multiplier effects that could be derived from.

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Mining - Local Content Regulations 2018

Also, Regulation 13(2): A contractor, subcontractor, licensee, the Corporation or other allied entity shall achieve the minimum local content levels specified in the First Schedule. For example, catering, cleaning and security (see First Schedule, page 112 Mining – Local Content Regulations 2018).

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Local Content in Tanzania's Gas and Minerals Sectors: Who ...

Local Content in Tanzania's Gas and Minerals Sectors: Who regulates? ... but has nevertheless taken the lead in publishing applied policy research on local content in mining. The state mining company, STAMICO, has little direct involvement in local content, though it holds the state's interest in some of the country's biggest mines ...

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Tanzania petroleum v9pptx - EI Sourcebook

legislation, regulations, contracts and non-binding policies and frameworks dealing with local content issues in the mining and petroleum sectors2. A profile was created for each country, summarizing the provisions in the legal instruments dealing with local content and highlighting examples of high impact clauses3 – those containing precise

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Not All Local Content Rules Are The Same - DAI

Not All Local Content Rules Are The Same Local Content Regulation as a Differentiator for Inward Investment in Africa: The Case of Sierra Leone Summary (3 pages) A Changed Context for Local Content With the current downturn in the global markets for oil, gas and minerals, and slower global growth more generally, the role of Local Content ...

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Legal Alert | Tanzania Enacts Significant Reforms to the ...

Legal Alert | Tanzania Enacts Significant Reforms to the Mining Local Content Regulations Introduction. On 8 February 2019, the Ministry of Minerals issued the Mining (Local Content) (Amendments) Regulations, 2019 (the "Amendment Regulations"), which are to be read as one with the Mining (Local Content) Regulations, 2018 (the "Local Content Regulations") and effect the …

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Local Content in the Oil and Gas Sector - World Bank

An attempt is made to measure local content levels in a wide sample of petroleum-producing countries including net importers and net exporters, and countries at different stages of economic development to put LCPs in context and to consider if the structure of an economy is a key driver of local content levels.

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Local Content Policies in the Mining Sector: Stimulating ...

Local Content Policies: Stimulating direct local employment EXECUTIVE SUMMARY When a mining company arrives in an area, the promise of local employment is central to public debate in least-developed, developing and developed countries alike. For local communities, decent mining company jobs that are safe, stable and fairly compensated,

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Local Content in Oil, Gas, and Mining - World Bank

" Local content in the extractive industries is being given ever higher priority by host governments through a wide array of policy instruments. And oil, gas and mining companies now rate local content among the most significant expectations in the communities in which they operate.

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KWM | A Review of Local Content Regulations in the ...

The Department of Mineral Resources (DMR) is responsible for the administration of the MPRDA and is accountable for overseeing the mining and petroleum industries in South Africa, including local content laws and regulations. Definition of 'local content' under applicable law/regulation.

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Chapter 7 International Business Flashcards | Quizlet

-local content regulations have been widely used by developing countries to shift their manufacturing base from the simple assembly of products whose parts are manufactured elsewhere into the local manufacture of component parts. - also have been used in developed countries to try to protect local jobs and industry from foreign competition

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Local Content and Supply Chain Management · DAI ...

Local Content and Supply Chain Management · DAI, an international development company. DAI works on the frontlines of international development. Transforming ideas into action—action into impact. We are committed to shaping a more livable world.

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LOCAL CONTENT IN THE OIL AND GAS SECTOR IN GHANA* …

content denotes the level of involvement of local actors, both natural and artificial, in the oil and gas industry. A related term is local participation, which in the Ghanaian context, is viewed as the level of Ghanaian equity ownership in the oil and gas industry.3 2. The Policy and Legal Frameworks on Local Content

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effects of local content regulation on mning companies

Local content in the oil, gas and mining sectors: content legislation and regulations outlining local content requirements. OGM companies can also commit to certain 2011). The impact on the local economy is also restricted when goods supplied to resources companies are merely imported, repackaged and resold by local firms (WBCSD, 2012).

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Resource nationalism redux: Some recent ... - mining.com

Mar 08, 2018· MC III's impact is also illustrated by the Fraser Institute's Annual Survey of Mining Companies 2017's Policy Perception Index in which South …

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Local content in the oil, gas and mining sectors ...

Regulatory mechanisms available to ensure that local content provisions are implemented are usually specified in local content legislation and regulations outlining local content requirements. OGM companies can also commit to certain local content requirements under the terms of individual concession or framework agreements. The strength of

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Kenya: The government imposes local content requirements ...

The newly imposed requirements emphasize that expatriate or foreign engineering companies can not be directly contracted anymore without the consent of the Cabinet Secretary for Mining and the Engineering Board of Kenya (as according to the new regulations, the contracting of foreign parties without the consent of the designated local ...

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The Impact of Local Content Requirements on the …

The Impact of Local Content Requirements on the Indonesian Manufacturing Industry Siwage Dharma Negara ISEAS – Yusof Ishak Institute E-mail: [email protected] ISEAS Economics Working Paper No. 2016-4 October 2016 Abstract Local content requirements (LCRs) are prohibited under the WTO law as they violate several

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THE MINING (LOCAL CONTENT) REGULATIONS, 2018 …

(Made Under Regulation 6 (2) (b)) _____ THE MINING COMMISSION (GUIDELINE FOR SUBMISSION OF LOCAL CONTENT PLAN) 2018 PART I PRELIMINARY PROVISIONS Citation and Commencement 1. Thi s Guideline may be cited as The M ining Commission ( Guideline for Submission of Local Content Plan ) 2018 and shall come into operation on the date of its

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Local Content Initiatives: Enhancing the Subnational ...

Local Content Initiatives: Enhancing the Subnational Benefits of the Oil, Gas and Mining Sectors Some jurisdictions differentiate between local content and local participation; local content is defined as the quantum/percentage of locally produced materials, personnel, goods and services rendered to the oil, gas and mining industries.

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effects of local content regulation in the mining sector

Local Content in Oil, Gas, and Mining" Local content in the extractive industries is being given ever higher priority by host governments through a wide array of policy instruments. And oil, gas and mining companies now rate local content among the most significant expectations in the communities in which they operate. Get Price-->

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Legal Update – 17 January 2018 – FB Attorneys

Jan 17, 2018· Mining (Local Content) Regulations now operational. ... with a citizen or an indigenous Tanzanian company to deceive the Commission as representing an indigenous Tanzanian company to achieve the local content and is liable on summary conviction to a fine of up to TZS 10B or to a term of imprisonment of not less than five years and not more than ...

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effects of local content regulation in the mining sector

the effects of local content regulation on mining ... Significant drive towards increasing local content - Mining Weekly. Nov 24, 2011, Increased local content supply is widely held to result in more jobs, She believes there will be an increased focus on local content regulation, not only in Africa but, However, the Australian mining industry continues to reject calls for, of all possible ...

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MONITORING LOCAL CONTENT AND FISCAL OBLIGATIONS …

Monitoring obligations of mining companies in Cameroon Page 4 The need to ensure the compliance of mining companies with their contractual obligations prompted the conduct of this study by the Network for the Fight Against Hunger (RELUFA) and the Centre for Environment and Development (CED). Local content as well as fiscal

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Making a bad situation worse: Tanzania ... - mining.com

May 03, 2018· Six months later, on 10 January 2018, the Minerals Minister promulgated a suite of new regulations under the amended Mining Act, 2010, which included the Mining (Local Content) Regulations, 2018 ...

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Mining sector reforms in Tanzania: local content ...

Mining sector reforms in Tanzania: local content requirements 4 June 2018 by Sadock Magai (Managing Partner) and Burure Ngocho (Senior Associate) - IMMMA Advocates. On 10 January 2018, the Minister Responsible for Mining in Tanzania Mainland (Tanzania) issued the Mining (Local Content) Regulation, 2018 GN. No. 3 of 2018 (Local Content Regulations).

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Fri The Effects Of Local Content Regulation On Mining ...

The paper focuses on the shifting local content polices in the mining sector over the last two decades and presents some of the initiatives that mining companies have taken to increase the local content. The 2010 Mining Act has weak and unbinding requirements on local content.

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