Never miss a beat on Africa's legal and regulatory landscape.
In an effort to prohibit the lending of money without a licence, the Bank of Tanzania (the BoT), on 24 November 2022 published a notice (the Notice) prohibiting institutions, companies and individuals who are in the business of providing loans without a licence contrary t..
The Government of Tanzania recently issued the Environmental Management (Control and Management of Carbon Trading) Regulations Government Notice Number 636 of 2022 (the Regulations). The Regulations apply to all carbon trading projects in Mainland Tanzania and are t..
The Mining Act R.E. 2019 (the Act) and the Mining (Local Content) Regulations 2018 (the Regulations) provide for minimum local content shareholding requirements for entities operating in and servicing the mining sector. In this article, we set out the varying positions un..
The Government of Tanzania recently issued the Mining (State Participation) Regulations Government Notice Number 574 of 2022 (the SPR 2022) which directly impact every mining company or person holding a Mining Licence (ML) or Special Mining Licence (SML) in Tanzania. The ..
In July 2021, mobile money transfer levies were introduced by the Tanzanian Government as a new strategy for collecting revenue in an effort to raise an estimated TZS 1.254 trillion for the financial year 2021/2022. These measures were implemented through the amendment of..
More than 100 years ago the Salomon principle – that a company is distinct from its members – was laid down. A pillar of this principle is that the fiduciary duties of a director are owed to the company, not its shareholder..
In what is a rare win for an insurer in recent times, the court’s judgment in Musa v King Price Insurance Co on 9 May 2022 highlights the importance of insureds abiding by their claims cooperation obligations. The court's ..
This article provides a synopsis of the Foreign Exchange Regulations, G.N. No. 294 of 2022 (the Regulations) which are made under section 6 (1) of the Foreign Exchange Act, Cap 217 R.E. 2002, as amended (the Act).
In this legal update, we analyse the Copyright Licensing and Rights to Benefit from Re-Sale Regulations [1]. The Regulations came into force on 18 March 2022 and are made under section 45 of the Copyright and Neighbouring Rights Act[2].
