By Kizito Makoye Shigela
Tanzania is one of the sub-Saharan African countries which have attracted growing interest from foreign investors. (Photo: Kizito Makoye Shigela)
Tanzania has adopted a new national land policy which, among others, lowers the ceiling under which foreign investors can lease land from the current 99 to 33 years.
The new policy comes barely months after the East African nation embarked on a campaign to seize “idle” land and deter “rogue investors” from using it for speculative purposes.
The government has repeatedly accused some investors of hoarding swathes of land without developing it, while using the land as collateral for securing bank loans or selling it later at a higher price…. http://www.farmlandgrab.org/post/view/26798-tanzania-adopts-new-policy-to-curb-land-grabbing-analysis