10th Nov 2025 Source: Daily News TANZANIA TOURISM SECTOR IS SAFE AND STABLE Tanzania has assured the international community that its tourism sector remains safe, secure, and fully open to visitors. The message was delivered by the Permanent Secretary in the Ministry of Natural Resources and Tourism, Dr Hassan Abbasi, on 9 November 2025 during...
24th March 2025 Source: The Citizen CENTRAL BANK CLARIFIES TANZANIAN SHILLING PERFORMANCE The Bank of Tanzania (BoT) has responded to recent reports regarding the performance of the Tanzanian Shilling, clarifying that while the currency depreciated by 3.6% over the past 12 months, it experienced a sharp appreciation of 9.51% between July and December 2024. This made...
10th March 2025 Source: The Citizen TANZANIA DEFENDS DECISION TO IMPORT ELECTRICITY FROM ETHIOPIA The Tanzanian government has justified its decision to import electricity from Ethiopia via Kenya to address persistent power supply challenges in the Northern Zone, where frequent outages have caused economic losses amounting to over TZS 32 billion annually. Speaking during the...
03th March 2025 Source: The Citizen TANZANIA TO CEASE IMPORTATION OF STEEL TO PROTECT GROWTH OF LOCAL PRODUCTION The government is set to officially cease the importation of steel following significant growth in local production, marking a major milestone in the country’s industrialization agenda. Tanzania now boasts a robust steel industry that not only meets...
10th Feb 2025 Source: The Citizen TANZANIA PREPARING REGULATIONS TO BAN FOREIGN CURRENCY FOR DOMESTIC TRANSACTIONS The Bank of Tanzania (BoT), in collaboration with the Ministry of Finance, is drafting new regulations to enforce a ban on the use of foreign currencies for domestic transactions. This move follows amendments to the Bank of Tanzania Act,...
20th January 2025 Source: The Citizen WHY FINTECH LEADS THE WAY IN AFRICAN START UP FUNDING Fintech startups continue to dominate venture capital funding in Africa, attracting more than half of all investment in 2024. Startups across the continent raised over $2.2 billion in equity, debt, and grants, with Fintech capturing the lion’s share of...
INTRODUCTION The Tanzania Land Transport Regulatory Authority (Complaint Handling Procedures) Rules, 2024 (Government Notice No. 16 of 2024) have been issued by the Minister for Transport on 12 January 2024 via Government Notice No. 16. These Rules revoke the SUMATRA (Complaints and Review Procedures) Rules, 2008. The Rules apply to complaints involving a service...
FIN & LAW and Cross Border Associates (CBA) entered into an agreement for global alliance to facilitate global cross-border mid-market mergers and acquisitions and all related services.
