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THE LAW REGULATING FRANCHISE BUSINESS IN TANZANIA 1. Introduction Franchising is a concept whereby independent entities embark upon mutual cooperation, as a part of which the franchisor (as the system’s organiser) transfers onto the franchisees, in exchange for an appropriate fee, the recipe for particular business activity and how it should be operated. The relationships...

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INTRODUCTION The World Health Organisation (WHO) has declared the Novel Coronavirus 2019 (COVID-19) to be a global pandemic. Thus, the ongoing global outbreak and spread of the pandemic has legal implication in business across the globe including Tanzania. In view of these implications, FIN & LAW highlights some key legal aspects likely to affect any...

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The Central Bank of Tanzania has finally issued the Consumer Protection Regulations known as the Bank of Tanzania (Financial Consumer Protection) Regulations 2019 GN No. 884 of 2019 (“the Regulations”). The Regulations set the mandatory requirements for all banking and Financial Institutions (Financial Service Providers) operating in Tanzania to have in place a Consumer Protection...

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