Meaning of Retrenchment and Redundancy What is to be considered on retrenchment The importance of Consultation Method of selection Employee’s terminal benefits 1.0 Introduction During economic hardships Employers must find ways to balance the situation. Financial hardships may be handled by exploring cost-cutting options available for the company. These include reduction in number of workers. […]
FINANCE LAW UPDATE: CURBING MONEY LAUNDERING IN TANZANIA: A QUICK LOOK INTO THE ANTI-MONEY LAUNDERING (CROSS-BORDER DECLARATION OF CURRENCY AND BEARING NEGOTIABLE INSTRUMENTS) REGULATIONS, 2016
1.0 Introduction It is very normal for someone traveling in or out of the country to carry some form of money with them for their use. But did you know that there is a law, which governs threshold of money (be it currency or bearing negotiable instrument) one must declare when entering or departing from […]
REGULATORY AND COMPLIANCE LAW UPDATE: DISPUTE SETTLEMENT PROCEDURE IN PUBLIC PROCUREMENT IN TANZANIA
Unpacking the legal regime that governs Public Procurement in Tanzania Review of Complaints and Procurements Decisions under the Public Procurement Stages of dispute resolution at the Procuring entities in Tanzania The rights of the parties to challenge the decision of the Procuring Entities in Tanzania Judicial review by the High Court applicability in the dispute […]
TAX LAW UPDATE: THE TANZANIA REVENUE AUTHORITY DIRECTS THAT TAX IDENTIFICATION NUMBER IS MANDATORY TO ALL EMPLOYEES
All employers are directed to include employee’s Tax Identification Number (TIN) upon filing returns for Pay as You Earn (PAYE) Employers are required to put TIN numbers for all employees who had already been registered for TIN and show the amount remitted to TRA Employees who do not have TIN are required to apply for […]
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