This legal update analyses and highlights key provisions of four recently enacted Environmental Management Regulations.
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This legal update analyses and highlights key provisions of four recently enacted Environmental Management Regulations.
Significant changes to the Public Private Partnership Act Cap.103 were brought by the Public Private Partnership (Amendment) Act No. 4 of 2023 to boost private sector investment in Tanzania and streamline project delivery processes. To ensure harmonisation, the Government..
This update outlines the regulatory framework, applicability, practice, and registration process of REITs in Tanzania, aiming to provide comprehensive insights for potential investors and stakeholders.
A cursory glance at the fundamental rights and freedoms set out in the bill of rights in the Constitution of Kenya 2010 (the Constitution) may lead a person to conclude that all workers have a constitutional right to engage in a lawful strike. But is this the correct posi..
The Anti-Money Laundering and Combating of Terrorism Financing (AML and CFT) Laws (Amendment) ACT, 2023 was assented into law on the 1st of September 2023 and came into force on 15th September 2023. The Act is testament to Kenya’s continued commitment to combating illicit..
In a bid to enhance the regulatory framework governing banks and financial institutions, the Bank of Tanzania has recently enacted the Banking and Financial Institutions (Compulsory Liquidation) Regulations, 2024. The Regulations, published under Section 71 of the Banking..
This article discusses the recent changes in the premium and capital gain tax rates for property related transactions in Tanzania. These changes stem from amendments to the Land (Fees) (Amendment) Regulations and the Finance Act No. 2 of 2023.
The Competition Authority of Kenya, in a recent decision, has fined a major player in the retail sector approx. USD 6.8M for abuse of buyer power. The freedom of parties to freely negotiate the terms under which they are willing to enter into a contract with each other re..
As of January 2024, the Bank of Tanzania (BOT) has made a significant shift in its monetary policy framework, transitioning from a focus on the quantity of money (monetary aggregates) to an interest rate-based approach.