TITLE:
Challenges in Administering Property Value Capture in Tanzanian Cities
AUTHORS:
Ally H. Namangaya
KEYWORDS:
Land Value Capture, Property Value Capture, Urban Financing, Dar es Salaam
JOURNAL NAME:
Open Journal of Business and Management,
Vol.7 No.3,
July
26,
2019
ABSTRACT: Most of urban areas in Africa, including in Tanzania, are facing huge
infrastructure gaps that require innovative financing mechanisms. Due to the
rapid pace of urban development in Africa, land or property value capture could
be one of the effective strategies for raising much-needed resources. The
paper, using cases of two projects in the Dar es Salaam metropolitan area,
examines how the preconditions of implementing land value capture instruments
prevail in Tanzania. It evident from the analysis of the legal context and the
projects, concerning the prevalence of supportive preconditions for applying
value capture instruments, the laws and urban management practices are quite
superfluous in their provisions and proposals such that they do not give the
required force, although general mandates are there. Impliedly, the laws and practices
were designed without a specific focus or outlook towards making applications
of property value capture instruments possible. This is a critical area that
requires intervention to improve the financing of urban development needs in
Africa.