In Brief Time frame: Three (3) months grace period. Compliance: cessation of new registration, re-licensing and assessment of bureaux de change. Reference: Government Notice No. 223 of 2nd June, 2017 Content of the order The Bank of Tanzania (BOT)through its letter referenced FB.69/256/01 dated 21st June, 2017 has issued directivesrelated to operations of Bureaux de […]
The Fair Competition Commission Introduces a New Threshold for Notification of a Merger and Acquisition in Tanzania
Threshold for Notification increased from TZS 800 Million to TZS 3.5 Billion. Basis for calculation of threshold amount widened to include turnover of the merging firms. The Fair Competition (Threshold for Notification of a Merger) (Amendment) Order, 2017 has introduced new prescribed threshold that requires a mandatory notification to the Fair Competition Commission (FCC) upon […]
THE GOVERNMENT OF TANZANIA BANS TRANSPORTATION OF MINERALS DIRECT FROM MINE SITES AND NOTABLE LEGAL ISSUES.
The stand from the Budget presented by the Minister for Finance and Planning, Hon. Dr. Philip Mpango A hint on the effect of the reports from the 1st and 2nd Committees on exportation of mineral concentrates A highlight of the mining legislation’s reviews and enactments in the recent years The Minister for Finance and […]
COMPLAINTS AND DISPUTE SETTLEMENT BY THE ENERGY AND WATER UTILITIES REGULATORY AUTHORITY: LAW AND PROCEDURE
Defining “regulated goods and supplies” under the law Procedure for dispute settlement under the law Including Enforcement of the award, appellate procedures and limitation of proceedings 1.0 Introduction Consumers of regulated services in Tanzania such as electricity and water have had many concerns with the services rendered by regulated suppliers. Many complaints are on […]