Arbitration Act 2020 Tanzania

The Tanzanian Parliament has enacted the new Arbitration Act 2020 which has been given Presidential assent and passed into law in February 2020 to replace the Arbitration Act 1931. The Act provides for conduct relating to “domestic arbitration”, “international arbitration” and enforcement of foreign arbitral awards and related matters. Key issues addressed in the Act … Read more

Tanzania Investment Policy Assessment May 2018

USAID has published its Tanzania Investment Policy Assessment 2018 via its East Africa Trade + Investment Hub. Statistics are from United Nations Conference on Trade and Development (UNCTAD). See: http://unctad.org/en/Pages/statistics.aspx The set of investment policy questions that guided the research process are adapted from the World Bank Group. See http://documents.worldbank.org/curated/en/666341500008847215/pdf/117475-PUBLIC-WP-13-7-2017-12-8-30-SPIRAToolKitGuide.pdfInternational best practice is cited from several … Read more

Blueprint for Regulatory Reforms to Improve Tanzanian Business Environment

Ministry of Industry, Trade and Investment, Dodoma has in May 2018 published a Blueprint for Regulatory Reforms to Improve the Business Environment dated December 2017. The Blueprint provides the Government’s main framework for enabling a holistic review of the business enabling environment (BEE) in order to improve the business climate in Tanzania. It presents key … Read more

3 Bills re Mining and Oil and Gas

On 29 June 2017 the Government submitted the 3 Bills to the National Assembly under a Certificate of Urgency: Natural Wealth and Resources Contracts (Review and Re-Negotiation of Unconscionable Terms) Bill 2017 (NWRCR) Natural Wealth and Resources (Permanent Sovereignty) Bill 2017 (NWR) Written Laws (Miscellaneous Amendments) Bill 2017 A public hearing by the Parliamentary Committee will be … Read more

New Head of TIC

State House has announced that Geoffrey Idelphonce Mwambe has been appointed as the new Executive Director of Tanzania Investment Centre (TIC). We understand that from June 2016 Mr Mwambe was District Commissioner for Manyoni District in Singida Region and before that Director of Trade, Investment and Productive Sectors at the Ministry of Foreign Affairs and East … Read more

Petroleum (Natural Gas Pricing) Regulations 2016

Petroleum (Natural Gas Pricing) Regulations 2016 apply in Mainland Tanzania and govern pricing of natural gas for domestic and cross border markets. The pricing of natural gas, in addition to the best international natural gas pricing practices, will take into consideration: investment and operations costs for natural gas exploration, appraisal, field development, plus a fair … Read more

Latest News

Plant Health and Pesticides Bill – Tanzania 2020
A Plant Health Bill has been passed in Parliament in May 2020. It is in the process to be formally enacted. It is intended...

Bail in Tanzania – Section 148(5) Criminal Procedure Act
We understand that the High Court of Tanzania ruled on 18 May 2020 that Section 148(5) Criminal Procedure Act (which denies bail to accused...

Tax Remission of Interest and Penalties 2020
Following the expiry of Tax Amnesty Order, the Government has, effective 8 May 2020, issued the Tax Administration (Remission of Interest and Penalties) Regulations 2020...