Loading prices...

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car
Metal Recycling News April 23, 2020 09:10:15 PM

Tanzania Issues New Set of Regulations for Scrap Metal Businesses

Paul Ploumis
ScrapMonster Author
In order to ensure domestic scrap availability, the government has raised the duty on exports.
Tanzania Issues New Set of Regulations for Scrap Metal Businesses

SEATTLE (Scrap Monster): The Tanzanian government has introduced new set of regulations targeting scrap metal businesses in the country.

According to the National Environmental Management Council (NEMC), the local industries in the country will be allowed to purchase scrap only from sellers registered with the Council. The industries found violating the regulation will be subject to serious punishments in addition to forfeiture of illegally traded metals.

ALSO READ: South Africa Invites Public Comments on Scrap Metal Export Taxes

Samuel Gwamaka, Director General, NEMC noted that all scrap metal dealers in the country are required to be registered with the council. The registration fee for registered collectors of scrap metal is fixed at TZS 50,000. Small scale collectors whose collections do not exceed 3 metric tons per annum will have to pay a levy of TZS 1.5 million, whereas those collecting in excess of 3 tons are liable to pay TZS 5 million.

In order to ensure domestic scrap availability, the government has raised the duty on exports. The exporters of scrap will have to pay duty at the rate of TZS 30,000 per tonne, whereas the importers’ duty has been lowered to TZS 7,500 per tonne.

The new set of regulations is aimed at encouraging locals to engage in lawful economic activities. Further, it targets to streamline the scrap metal transactions in the country through proper monitoring mechanisms. Earlier in August last year, George Simbachawene, Tanzania’s Minister of State in the Vice President’s Office had hinted at revamping the country’s scrap metal export system.

Are ads getting in your way? Register for Ad-free pages and live data.

How to Recycle

Proper Disposal of Alkaline Batteries

Proper Disposal of Alkaline Batteries

Improper disposal of alkaline batteries can result in various negative consequences. Explore our blog post to discover safe disposal methods.
Christmas Tree Recycling - Responsible Ways

Christmas Tree Recycling - Responsible Ways

Proper preparation and using a reliable Christmas tree recycling directory ensures responsible disposal and maximizes the benefits.
Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop throwing away LED light bulbs and dispose of them responsibly. Proper disposal ensures environmental safety and sustainability.
powered by RecyclingMonster
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search