Deposit Insurance Board has announced that reimbursement of insured deposits of FBME Bank Ltd (under liquidation) to depositors will commence on 1 November 2017.
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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…
It is reported that the Deputy Minister for Mineral and Energy, Dr Medard Kalemani said at a sideline of the Oil and Gas Conference in Dar es Salaam: He continued:
Fair Competition Commission (FCC) published a second notice in October 2015 that: With effect from 1 January 2016, all “standard form contracts” should be registered with the FCC and are…
Please see this Newspaper Article. We are watching this space closely.
On 27 July 2017 the Minister of State, Prime Minister’s Office, Policy, Parliamentary Affairs, Labour Youth, Employment and the Persons with Disability, instructed all employers (even with only 1 employee)…
By Fair Competition (Threshold for Notification of a Merger) (Amendment) Order 2017 the threshold for notification of a merger has been increased from TZS 800,000,000 (about USD 360,000) to TZS…
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…
Schoolgirls who conceive during the course of their studies will not be allowed back to classes after childbirth, President John Magufuli announced 22 June 2017. Read Daily News Article.
The High Court has supported a 2015 award for Coast Textiles Limited against FBME in the order of TZS 92 billion (about USD 41 million). See newspaper article 5 June…
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