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Clyde & Co.

The development of Islamic banking in Tanzania

It has recently been reported about the first Sukuk bonds that were issued in Tanzania by Imaan Finance Limited. Sukuk are financial certificates which represent an undivided share in the ownership of tangible assets which are not..

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Clyde & Co.

Doing business in Tanzania: New legislative developments

In this article, we summarise the key legislative amendments made by the Written Laws (Miscellaneous Amendments) (No.2) Act of 2021 (the 2021 Written Laws) which became operational on 14 July 2021. These changes may directly or indire..

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Clyde & Co.

Banking in Tanzania: New Measures to Promote Credit to the Private Sector

The Bank of Tanzania has recently issued a public notice on the policy measures to promote credit to the private sector and lower interest rat..

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