This amendment has addressed critical aspects of the fair competition law in Tanzania as follows: Introduction of the Leniency Programme The change in the law has introduced the leniency programme whereby the Commission may reduce or remove penalties or fines…
The new Regulations which are made under section 38 of the Social Security Act, Cap 135 came into force on 8th March 2024.
The new Regulations which are made under section 38 of the Social Security Act, Cap 135 came into force on 8th March 2024.
On 5th January 2024 the Minister of Information, Communications, and Information Technology published the amended Regulations
On 11th August 2023, the Minister for Information, Communications and Information Technology passed new...
On 1st September 2023, the Governor of the Bank of Tanzania issued the Foreign Exchange (Amendment) Regulations, 2023 (the “2023 Amendments”) through the Government Notice No. 622. These regulations amend the Foreign Exchange Regulations, 2022. The 2023 Amendments include: Removal…
On 21st July 2023 the Government of Tanzania passed new Regulations on the retention and disposal of company documents. Below are the key highlights on the new Regulations with a view of highlighting the important regulatory and compliance requirements. Requirement…
Update on The Public Private Partnership (Amendment) Act of 2023 and a Comparison of the Amendments to the Public Private Partnership Act, Cap. 103 in Tanzania. Public-Private Partnerships (PPPs) play a crucial role in fostering economic growth, infrastructure development, and…
The Finance Act, 2022 amended the Companies Act, Cap 212 by deleting the default fine and substituting the same with a fine of not less than Tanzania Shillings One Hundred Thousand (TZS. 100,000) for failure to comply with, among other…
Analysis of the Mining (State Participation) Regulations 2020 The Mining (State Participation) Regulations 2020 have been introduced to provide further clarity on matters concerning Non-Dilutable Free Carried Interest (FCI) in the capital of a mining company or person holding mining…
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