In this month's Finance Briefing, we focus on the proposed amendments to the Land Act No. 4 of 1999 (the Land Act) which were introduced in the Written Laws (Miscellaneous Amendments)...

In this month's Finance Briefing, we provide an update on our Brief Note of January 2018 (the Previous Updater) that focused on the amendments to the Land Act, 1999 ...

In this month's Finance Briefing we review the effects of the new Mining (Local Content) Regulations, 2018 (the Regulations) on operations of commercial banks in Tanzania.

In this month's Finance Briefing we review the effects of the amendments to the Mining (Local Content) Regulations, 2018 on the operations of commercial banks in Tanzania.

In this industry update, we provide clarification on the Bank of Tanzania's (the BOT) adoption of the interest rate based monetary policy framework 2017/2018 (the Policy Framework).

In this industry update, we highlight the actions taken in a move to revolutionise mobile banking in Tanzania.

Following the passing of the Commodities Exchanges Act 2015, the Tanzanian Mercantile Exchange (the TMX) will begin operating in Dar es Salaam this September.

The Bank of Tanzania recently issued a circular* to all foreign exchange authorised dealers operating in Tanzania...

In this month's briefing we highlight investments in Government securities by Tanzanian residents and the restrictions imposed under Tanzanian law on East African Community

The Bank of Tanzania recently published the Microfinance (Non-Deposit Taking Microfinance Service Providers) Regulations (Regulations) issued under the Microfinance Act, 2018 (MFA).

The East African region is confronting significant socioeconomic challenges and opportunities for development.

The Finance Bill, 2020 (the Bill) proposes to amend section 60(1) of the Fair Competition Act, 2003 (the FCA) which relates to the imposition of penalties for various offences committed under the FCA.

The Government of Tanzania has recently passed the Written Laws (Miscellaneous Amendments) No. 1 of 2018, an Act that amends certain written laws.

ECAs are agencies initially designed to promote the industry of the home country and assist domestic companies in exporting their products to foreign markets.

It was perfectly legal for companies established in Tanzania before the entry of the new Companies Act to credit share premium to profit and loss accounts so as to make them available for paying dividends.

The recent decision of the Court of Appeal in the case of Nas Hauliers Limited (Nas Hauliers) versus Equity Bank Kenya Limited (Equity Bank Kenya) and Equity Bank Tanzania Limited (Equity Bank Tanzania) marks a pivotal moment in Tanzania's banking sector.

As an international law firm operating in Tanzania, we are often asked to provide advice and work on transactions involving international lenders providing debt facilities to corporate borrowers in Tanzania.

On the 11th May 2020, the Court of Appeal issued a judgment in the case of Hadija Issa Arerary v. Tanzania Postal Bank. The Court of Appeal considered what amounts to reasonable steps...

How many of us in Tanzania know "informal" lenders who are lending millions per day to entrepreneurs?

The Tanzania Foreign Exchange Regulations, Government Notice No. 294 published on 13/5/2022 are creating quite some noise in Tanzania amongst traders and investors.