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Legal UpdateTanzania Set Rules For The Settlement of Oil and Gas Exploration Disputes

2 June 2024by finandlaw-admin

INTRODUCTION On the 01st September 2023 the Tanzania Petroleum Upstream Regulatory Authority (PURA) issued the Petroleum (Settlement of Disputes arising from Upstream Petroleum Operations) Rules, 2023 via Government Notice No. 620 of 2023. These Rules set the procedures relating to the settlement of disputes between parties engaged in Oil and Gas exploration or development operations...

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Legal UpdateNewsCentral Bank Issues The Financial Consumer Protection Regulations.

28 February 2020by finandlaw-admin

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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