The Bank of Tanzania (BoT) has published Draft Microfinance (Non-Deposit TakingMicrofinance Service Providers) Regulations, 2024, seeking to replace Microfinance (Non-DepositTaking Microfinance Service Providers) Regulations, GN 679 of 2019. This brief article highlights some changes the new Regulations bring to the financial sector. DisclaimerThis article is not intended to replace professional advice. No one should relyexclusively […]

In October 2023, the Bank of Tanzania issued Banking and Financial Institutions (Liquidity Management) Regulations, GN No 724 of 2023. These Regulations revoked the Banking and Financial Institutions (Liquidity Management) Regulations 2014. The new Regulations have two objectives; Liquidity Requirements Penalties The Bank of Tanzania is empowered to impose various penalties on any bank or […]

The Corporate Social Responsibility Regulations, GN No. 409 of 2023. In June this year, the Corporate Social Responsibility Regulations were published through GN No. 409 of 2023, in accordance with S.129 (1) of the Mining Act, R.E: 2019 (the Act). These new Regulations exhaust and expound the provision of S. 105 of the Act which […]