oa African Review - Tanzania's policies on private foreign investment

Volume 4, Issue 1
  • ISSN : 0002-0117



The foundations of Tanzania's present policies on private foreign investments are laid down in the Arusha Declaration which was issued by Tanzania's ruling party. TANU, in February 1967. The Arusha Declaration called for socialism and self-reliance and declared that the State must have effective control of the major means of production. After the Arusha Declaration a substantial number of foreign owned banks, trading companies, industrial companies, etc., were nationalized. In many companies not all the shares have been taken over by Tanzania; the Government has been satisfied with 50 or 60 per cent of the shares.

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error