Difference between Administrator of an estate and an Executor and their powers Bonafide Purchaser for value Protection of the bonafide purchaser of value under the probate law Whether nullification of probate or letters of administration affect prior acts of the executor or administrator 1. Introduction The Probate and Administration of Estates Act, Cap 352 defines […]
INVESTMENT UPDATE: INVESTING IN THE TANZANIA ECONOMIC ZONES
A gateway for international trade and industrial competitiveness The role of economic zone in investment tune-up Available incentives in the economic zones Difference between EPZA and TIC 1.0. Introduction: Tanzania as a country with an abundance of natural resources and raw materials has a number of opportunities which remain untapped in many sectors thus offering […]
CORPORATE LAW UPDATE: A LOOK INTO THE TANZANIA NON-GOVERNMENTAL ORGANIZATIONS (AMENDMENTS) REGULATIONS, 2018 ON FINANCIAL TRANSPARENCY AND GENERAL ACCOUNTABILITY
Brief of the new legal requirements for Non-Governmental Organizations (NGOs) in Tanzania Summation of the provisions of the Non-Governmental Organizations Act (Amendments) Regulations, 2018. Money Laundering and Anti-Corruption compliance measures are introduced How International NGOs in Tanzania need to adapt to the current legal changes Final thoughts and conclusion. 1.0. Introduction: On 29th October, 2018, […]
THE ADOPTION OF NEW FINANCIAL REPORTING STANDARDS AND THE IMPACT TO FINANCIAL INSTITUTIONS AS WELL AS THE INVESTMENT SECTOR IN TANZANIA
Overview of Financial Reporting Standards with regards to growing economies and flow of finance What IFRS may do in boosting FDI influx in a country through a compliant and transparent banking sector Assessment of the impact of IFRS 9 Challenges of compliance with IFRS 9 1. Introduction Conformity to international banking standards has immediate positive […]
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