Author: MDM Law Group

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Powers And Duties Of Superior Courts And Remedies Available For Those Aggrieved By Said Power

[vc_row][vc_column][vc_column_text]The superior courts have the inherent ability to hear any matter that comes before it, unless a statute or rule limits that authority or grants exclusive jurisdiction to some other courts or tribunals. This doctrine allows a court to control its own processes and to control the procedures before it. Courts thus have a duty […]
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Notice Of Waiver Of Late Filling Fees For Company Documents

[vc_row][vc_column][vc_column_text]On 24 May 2024, the Minister for Investment, Industry and Trade (the Minister) issued a Government Notice regarding Waiver of Late Filing Fee of Companies Documents at BRELA (the Notice) (Government Notice No. 410). Section 452A of the Companies Act (the Act) empowers the Minister in consultation with the Minister for Finance, to waive fees […]
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Comprehensive Amendments To Tanzanian Mineral Resource Legislation

[vc_row][vc_column][vc_column_text] Notable Amendments in the Act. Redefining Industrial Minerals and Energy Resources Expanding Definitions and Valuation Strategic Mineral Designation Facilitating Export and Revenue Management Streamlined Procedures and Stakeholder Engagement On 24th January 2024 through The Written Laws (Miscellaneous Amendments) Act No 4 of 2024 in PART III make amendments of The Mining Act, [Cap. 123 […]
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Banking and Financial Institution (Compulsory Liquidation) Regulations.GN No 98/2024

[vc_row][vc_column][vc_column_text]On 16th February 2024, the Tanzanian Parliament passed a new regulation known as the Banking and Financial Institution (Compulsory Liquidation) Regulations, GN No 98/2024, which introduces specific regulations to be followed during compulsory liquidation by any bank or financial institution in the United Republic of Tanzania. The regulation clarifies, supplements, and unifies all significant rules […]
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Types of Residence Permits in Tanzania

[vc_row][vc_column][vc_column_text]TYPES OF RESIDENCE PERMITS IN TANZANIA All foreigners intending to reside in the United Republic of Tanzania for business, work, investment or any other acceptable purpose for a period of more than 90 days, are required to hold a residence permit from Tanzania Immigration Department. The Commissioner General of Immigration Service is vested with the […]
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The Bank of Tanzania Approves Various Policy Measures to Cushion the Economy from Adverse Effects of COVID

[vc_row][vc_column][vc_column_text]THE BANK OF TANZANIA APPROVES VARIOUS POLICY MEASURES TO CUSHION THE ECONOMY FROM ADVERSE EFFECTS OF COVID-19 On 8th May 2020 the Monetary Policy Committee of the Bank of Tanzania met and approved various policy measures to cushion the economy from adverse effects of COVID-19 pandemic following assessment of the impact on various sectors. The […]
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State Participation in Mining Companies through holding of compulsory shares now regulated

[vc_row][vc_column][vc_column_text]State Participation in Mining Companies through holding of compulsory shares now regulated THE MINING (STATE PARTICIPATION) REGULATIONS, 2020 were published on 30/10/2020 through GN No. 939/2020. The regulations provides details on how the government will control and acquire non-dilutable free carried interest shares in mining companies. The shares by the government will be held through […]
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Procedure for Mortgage

Procedure for Mortgage Of Land Regulation

[vc_row][vc_column][vc_column_text]THE LAND (PROCEDURE FOR MORTGAGE OF LAND) REGULATIONS HAVE FINALLY BEEN PUBLISHED VIA GN NO. 245 OF 2019. These Regulations have arisen after The amendment of Section 120 of the Land Act Cap 113 [R.E. 2002} through the Written Laws (Miscellaneous Amendments) Act No. 1 of 2018 Part IV which brought in new conditions for […]
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