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Shikana Group
The Tanzania Finance Act 2022 was assented on June 30, 2022 and has been effective since July 1, 2022.
Shikana Group
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.
Shikana Group
The New Tanzania Investment Act 2022 has now become law replacing the Tanzania Investment Act Cap 38 RE 2015 and its amendments.
Clyde & Co
The Bank of Tanzania recently issued a circular* to all foreign exchange authorised dealers operating in Tanzania...
Clyde & Co
In this update we discuss the requirements under Part IX of the Bank of Tanzania (Financial Consumer Protection) Regulations of 2019 (the Regulations), for financial service providers in...
Clyde & Co
This article will cover key legislative changes as a result of amendments made by the Finance Act No.8, 2020 and the Written Laws (Miscellaneous Amendments)
Clyde & Co
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.
Clyde & Co
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...
Bowmans
The news that the Bank of Tanzania has banned the use of cryptocurrencies has raised eyebrows and fuelled concerns that this could hamper the country's economic progress in an increasingly digital
Clyde & Co
The Bank of Tanzania has recently delegated its powers and functions by providing that the Savings and Credit Cooperative Societies shall be regulated
Clyde & Co
In this month's legal briefing, we set out the additional requirements imposed on payment system providers by the Bank of Tanzania (the BoT).
Bowmans
The Bank of Tanzania recently published the Microfinance (Non-Deposit Taking Microfinance Service Providers) Regulations (Regulations) issued under the Microfinance Act, 2018 (MFA).
Clyde & Co
The Bank of Tanzania (the BoT) exercising its powers under section 60(1) and (2) of the Microfinance Act of 2018 (the Act) has published the Microfinance (Non-Deposit Taking ...
Clyde & Co
The Tanzania Bankers Association recently published the Tanzania Bankers Association Code of Conduct which has been effective since September 2019.
Clyde & Co
Following our updater on the Microfinance Act 2018 (the Act), this month's legal briefing focuses on the Microfinance (Role of the Minister) Regulations
Clyde & Co
In this month's banking updater, we review the Bancassurance Guidelines for Banks and Financial Institutions (the Guidelines) which were published on 13 May 2019.
Clyde & Co
As part of more robust anti-money laundering measures, the Tanzanian government has recently released the new Anti-Money Laundering
Clyde & Co
This finance briefing provides an update on our brief notes of January 2018 and March 2018 that focused on the amendments to the Land Act, 1999 (the Land Act)
Clyde & Co
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
Clyde & Co
In this industry update, we highlight the actions taken in a move to revolutionise mobile banking in Tanzania.
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