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
The Mining Commission has begun to review applications of various mining licenses for the purpose of issuing licenses to applications that will meet certain criteria and has issued a Public Notice dated 18 May 2018 (unofficial translation). Please contact us if you have any comments or questions, so we can advise you further.
The Mining Commission was established in accordance with Section 21 of the Written Laws (Miscellaneous Amendments) Act No. 7 of 2017. On 17 April 2018, Hon. President of the United Republic of Tanzania, Dr. John Pombe Joseph Magufuli, appointed the Chairman and Commissioners for Mining Commission in accordance with the Act. In order to carry … Read more
The President, Dr John Pombe Magufuli, on Wednesday 18 April 2018 has appointed with immediate effect Professor Idris Suleiman Kikula, a former vice chancellor of a state university, as Chairman of the new Mining Commission and also named 8 Commissioners to serve under him, to regulate and monitor the mining industry and mining operations in Tanzania … Read more
Mining – Local Content Regulations 2018 have been published. They are detailed and concise in their scope and application but are materially unclear in some aspects. As regards foreign service providers please note for instance: Regulation 8(6): A non-indigenous Tanzanian company which intends to provide goods or services to a contractor, a subcontractor, licensee, the Corporation or … Read more
BRELA is improving its online registration system (see BRELA notice January 2018) and has now given further notice that a company formed before 1 February 2018 must go online to verify its information (see Daily News Article 23 March 2018 and Mwananchi 26 March 2018) in the next 6 months by, we believe, 1 August 2018. NB … Read more
The Minister of State in the Prime Minister’s Office, Policy, Parliamentary Affairs, Labour, Employment, Youth and the Disabled, Ms Jenista Mhagama, has warned that stern legal measures will be taken against all employers failing to fully comply with the law, through contributions to the WCF, which became operational in July 2015. See article in Daily News on … Read more
Notice has been issued to encourage compliance to register and use .tz domain names Tanzania. Failure to comply will attract fine and/or imprisonment as stipulated under Electronic and Postal Communications Act.
Deposit Insurance Board has announced that reimbursement of insured deposits of FBME Bank Ltd (under liquidation) to depositors will commence on 1 November 2017.
Bank of Tanzania (BOT) in collaboration with Tanzania Investment Centre (TIC), and National Bureau of Statistics (NBS) is conducting a survey of establishments with foreign liabilities in Tanzania. The survey will be implemented during November 2017 to March, 2018 and will cover data for 2015 and 2016. During the survey, a team of researchers from … Read more