Dar locks foreign investors out of tourism sector

As reported by Mike Mande, at The EastAfrican, “In a move that confirms the growing resentment of foreign investors in Tanzania’s tourism sector, the government plans to introduce legislation to bar foreigners from engaging in tourism related businesses in the country.The new legislation — expected to come into effect as early as next year — proposes to restrict the participation of foreign investors in areas such as travel agency business, mountain climbing, trekking or owning tour and travel operations in the country.While the minister in charge of tourism will retain powers and discretion to grant exemptions, especially with regard to existing business, the expectation is that some of the business people will be asked to leave.” Read more>>

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