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In this legal update, we discuss key highlights of the Foreign Exchange (Bureau de Change) Regulations of 2023 (the 2023 Regulations), which came into force on 6 October 2023 and revokes the Foreign Exchange (Bureau de Change) Regulations of 2019 (the 2019 Regulations). A..

Banks and financial institutions (Bank(s)) are highly regulated in Tanzania. Their compliance with Tanzanian laws and regulations is of paramount importance to ensure smooth operations and transparency. Notably, an example of noncompliance with the relevant Banks laws inc..

In a bid to bolster domestic investments and promote economic growth, the Government of Tanzania (the GoT) recently revoked the Tanzania Investment Regulations, 2002 (the TIR) and enacted the Tanzania Investment Regulations GN No. 477 of 2023 (the New Investment Reg..

The Mining (Corporate Social Responsibility) Regulations, 2023 (the Regulations) were published on 23 June 2023 by the Minister of minerals under Government Notice Number 409 of 2023. These Regulations have been introduced to ensure the proper and timely implementation of co..

Power projects in Tanzania represent a key driver of the nation's energy landscape. As the demand for reliable electricity continues to rise, understanding the intricacies of these projects becomes essential for both investors and stakeholders alike. In this month’s legal..

In the world of advanced intellectual property, the assignment and transmission of trade and service marks (Mark(s)) plays a pivotal role in ensuring the effective commercialisation, protection, and enforcement of these valuable assets. Understanding the legal mechanisms ..

The Finance Act is a key piece of legislation which supports the fiscal measures proposed by the government in the annual national budget. In this article we highlight the key changes introduced by the Finance Act of 2023, which came into effect on 1 July 2023, unless ind..

Trade mark distinctiveness is a crucial element to consider when creating a strong brand identity for products or services. A strong trade mark has the potential to enhance a company's reputation and sway consumer choices. It is not just the marketing appeal that ma..

As foreign investment into Tanzania continues to soar, companies are focusing on the work permit and immigration system in order to ensure that the most efficient application process is followed. Foreigners who intend to reside in Tanzania for investment, business, employ..