UPDATES ON RESIDENCE PERMIT APPLICATION REQUIREMENTS IN TANZANIA
August 24, 2017
The Additional requirements for Residence permits Class A and B Uncodified requirements are largely practical on the ground and not 1.0 Introduction: Recently, the office of the Commissioner-General, Ministry of Home Affairs Immigration Department, Tanzania, introduced some new developments regarding Class A and B residence permit applications. The new developments are introduced following the taking […]
Read MoreTHE BANK OF TANZANIA ISSUES NEW DIRECTIVES FOR LICENSING AND OPERATIONS OF BUREAUX DE CHANGE IN TANZANIA
August 9, 2017
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 […]
Read MoreThe Fair Competition Commission Introduces a New Threshold for Notification of a Merger and Acquisition in Tanzania
July 16, 2017
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 […]
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