The Bank of Tanzania Act vests the Bank of Tanzania with the exclusive authority to issue currency in Tanzania. Section 26(1) of the Act states
Pursuant to Section 459A of the Companies Act, Cap. 212, and the Beneficial Ownership Regulations, 2023 published through Government Notice No. 478 of 2023
Act No. 13 of 2024 introduced substantial amendments to the Fair Competition Act of 2003. After 21 years of existence, a degree of rejuvenation was undoubtedly necessary
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
Adoption is the legal process of taking another’s child into your own family and treating them as your own child, with all the associated rights and responsibilities
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 Attorney General has recently presented the Written Laws (Miscellaneous Amendments) Act No. 2 of 2024, which has introduced significant amendments to several legislations.
The Bank of Tanzania has issued “Guidelines on Fees and Charges for Banks and Financial Institutions 2024” to provide a comprehensive framework
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.
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 Tanzanian government has introduced the Finance Bill for 2024, aiming to enact the Finance Act, 2024.
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