The National Carbon Trading Guidelines October 2022 provide as follows: Requirements for carbon trading Carbon trading project must undergo Environment and Social Impact Assessments. Elements of Project Concept Note and Project…
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The Bank of Tanzania (BOT) has recently issued guidelines on fees and charges: Please see below an outline summary of some of the material items in the guidelines for Banks…
The Bank of Tanzania (BOT) has published the draft Microfinance (Non-Deposit Taking Microfinance Service Providers) Regulations 2024 (Draft Regulations) intended to replace the Microfinance (Non-Deposit Taking Microfinance Service Providers) Regulations…
The Finance Act 2023 has come into effect on 1 July 2023. It includes various changes, notably to Section 56 Income Tax Act so that a change of underlying ownership…
The objective of these Regulations is to provide for the control and management of carbon trading projects in Tanzania, providing the legal framework necessary for ensuring sustainable environmental development by…
The Deposit Insurance Board has by Notice dated 6 March 2022 invited all depositors and other creditors of FBME Bank Limited (under liquidation) to share comments regarding the liquidation of…
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…
Further to the 8 February 2018 constraints for mortgage finance in Tanzania (as per Part IV Written Laws (Miscellaneous Amendments) Act 2018 – see our earlier post), supporting Regulations have been…
Microfinance Act 2018 was enacted by National Assembly on 16 November 2018 (see VELMA Law earlier post) and now the Bank of Tanzania (BOT) has published a Notice to the…
A Microfinance Bill has been published on 5 November 2018. It is set to regulate licensing and registration of deposit and non-deposit taking microfinance business in 4 tiers: Tier 1…
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