Came across this yesterday;
https://www.lexology.com/library/detail.aspx?g=7e65240f-b85e-4162-9af8-f8ec70ba0136
It seems the free carried interest isn't necessarily exercised. Maybe there is more wriggle room than one might expect?
I know this references Francophone countries, however I thought I would post it as there are precedents that one could draw comparisons with in how the Tanzanian legislation/regulations might be approached.
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