The amendments proposed by The Labour Laws (Amendments) Act 2024 introduce significant changes aimed at addressing gaps in the existing law, clarifying ambiguities, and strengthening protections
The primary purpose of an escrow account is to ensure security and fairness in transactions by using a neutral intermediary to safeguard funds or assets until all parties meet their obligations.
Confidentiality ensures financial institutions protect customer information, handling it securely and only disclosing when legally required.
The Bank of Tanzania has released comprehensive guidelines for non-bank payment systems providers to ensure fair and transparent fee structures.
The Bank of Tanzania has issued “Guidelines on Fees and Charges for Banks and Financial Institutions 2024” to provide a comprehensive framework
The Attorney General has recently presented the Written Laws (Miscellaneous Amendments) Act No. 2 of 2024, which has introduced significant amendments to several legislations.
The Finance Act of 2024 has amended several pieces of legislation, including the Banking and Financial Institutions Act and the Bank of Tanzania Act, both of 2006.
The Tanzanian government has introduced the Finance Bill for 2024, aiming to enact the Finance Act, 2024.
Buyer of property in Real Estate Project of a value not less than One Hundred Thousands United States Dollars may be granted the following incentives
The Act defines the procurement process as successive stages in the procurement cycle, including planning methods, and choice of procedures to solicit offers from tenderers, examination and evaluation of those offers, award of contract, and contract management.
The Minister of State, Prime Minister’s Office, Labor, Youth, Employment and Persons with Disability had on 8th of March 2024 vide GN No 141/2024 published the Social Security Schemes
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