How an international award can be recognized in Tanzania Power of the Tanzanian High Court in remitting or setting aside foreign awards, or otherwise, enforcing them as decrees. Role of the Dowans vs. TANESCO case, [Miscellaneous Civil Case No. 8 of 2011] in defining the applicable procedure in enforcing arbitral awards in Tanzania. This Article […]
Law, Practice and Procedure Relating To Dividend In Tanzania, Under The Companies Act, 2002
Important terms to know about dividends generally The procedure for declaration and issuing of dividends Other matters such as unclaimed dividends, and trading of shares cum dividends The term ‘dividend’ is not defined under the law governing companies in Tanzania, that is, Companies Act Companies Act, No. 12 of 2002. According to the generally accepted […]
Telecom Companies Set For Mandatory Listing At The Dar Es Salaam Stock Exchange Beginning January 2017
Geared to ensure more transparency in telecom companies finances Help government to implement tax measures move could prove detrimental to potential investors after 1st July, 2016 The lucrative telecommunication industry is set to witness new measures invoked by the Government of the United Republic of Tanzania (‘the Government’) that require them to list their shares […]
Value Added Tax (VAT) Deferment
A massive boost on foreign investment in Tanzania Criteria for eligibility and related issues enunciated Attracting the inflow of foreign investment has assumed a prominent place in the strategies of economic growth of many countries, Tanzania included. Tanzania like many other countries across the globe has resolved to build and maintain an attractive and friendly […]
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