Tanzania launched the Personal Data Protection Commission (PDPC) to enforce the Personal Data Protection Act. Various sectors like telecom, finance, healthcare, and retail are impacted. Schools, NGOs, and religious organizations also need to comply. Businesses that collect customer personal data are likely data controllers and must register with PDPC by October 10th, 2024. You Might […]
INVESTMENT UPDATE: THINGS TO CONSIDER WHEN ACQUIRING A HOTEL BUSINESS IN ZANZIBAR
Investing in Zanzibar is highly commendable and certainly, lucrative. Investments in Zanzibar are channeled mainly through the guiding and regulating arm of Zanzibar Investment Promotion Authority(ZIPA). The likelihood is for the hotel business to be at the seafront,hence ZIPA does not have much land bank for this type of investment and therefore, investors are expected to purchase such lands from other private owners and submit such lands for investment redesignation and land lease certification.
INTELLECTUAL PROPERTY LAW UPDATE: NAVIGATING THE IPR LANDSCAPE IN TANZANIA AS A CORNERSTONE FOR TANZANIAN EMERGING VENTURES.
The Tanzanian Startup Association (TSA) and Breakthrough Attorneys are excited to present this Article series highlighting the significance of intellectual property rights in protecting and nurturing innovative emerging businesses, the underlying legal framework, and also underscores the benefits of intellectual property (IP) registration for startups, addresses challenges in intellectual property rights (IPR) protection, and provides actionable recommendations.
FINANCE LAW UPDATE: ANALYSIS OF RECENT AMENDMENTS TO TANZANIA’S FOREIGN EXCHANGE REGULATIONS
The Foreign Exchange Regulations, GN No. 294 (the Regulations), were issued by the Governor of the Bank of Tanzania in May 2022. The Regulations was a much awaited update of the Foreign Exchange Regulations, 1998 and the Foreign Exchange (Listed Securities) Regulations, 2003, and the Foreign Exchange Circular No. 6000/DEM/EX.REG/58 of 24th September 1998 which regulated foreign exchange in Tanzania before the Regulations.
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