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PLOT 18, RUKWA STREET, PO BOX 38192, MASAKI, DAR ES SALAAM, TANZANIA
Tel:
Work +255 22 260 08 54
Fax:
Fax +255 22 260 08 68
Email:
Web:
www.ealawchambers.com

Tanzania

Legal market overview
Legal market overview - ranked: tier 2

East African Law Chambers (EALC)

East African Law Chambers (EALC)’ has benefitted from several senior-level lateral hires and has achieved roles on a series of headline and high-value transactions. The firm has experienced an uptick in M&A in industries ranging from fast-moving consumer goods (FMCG) to industrials, oil and gas, and financial services. It advised Zalus SRL on its $7m million sale of an 80% stake in Maisha, the owners and operators of the Essque Zalu resort in Zanzibar. The firm has been appointed to a number of bank legal panels over the last two years, including the panels of BancABC, National Bank of Commerce, Standard Chartered Bank Tanzania, Commercial Bank of Africa and National Microfinance Bank, which it advised on its TZS200bn debut bond issue on the Dar es Salaam Stock Exchange. It also acted for the same client on a $38m financing for Gulf Bulk Petroleum. Tax has been a considerable growth area for the firm since the arrival of Brian Kangetta from KPMG; he is frequently engaged on the tax structuring aspects of M&A and financing transactions. The firm also has a flourishing mining practice under Thomas Sipemba, both in the gold and coal segments, and George Fernandes is leading the telecoms practice, which has particular strength in advisory and compliance work. Juvenalis Ngowi heads the dispute resolution practice, which has a strong standing in banking and finance disputes and employment cases. Stella Ndikimi is a leader in M&A and banking and finance. The firm has separated from the Africa network led by South African firm Bowmans.

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Tanzania

Offices in Dar es Salaam

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