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 […]
Announcement of a New Senior Associate
We are pleased to announce that Mr. Henry Bakaru, Esq. has joined Breakthrough Attorneys, as a Senior Associate Corporate Law and Litigation. Mr. Bakaru’s practice focuses on corporate management, including joint ventures, commercial contracts and negotiations, mergers and acquisitions and company secretarial services. He also has experience advising clients with respect to compliance, regulatory and […]
Legal Guidance on Appeals on Tax Matters
LEGAL GUIDANCE ON APPEALS ON TAX MATTERS: BASED FROM A RECENT DECISION OF THE COURT OF APPEAL OF TANZANIA Restatement of the hierarchy of courts for tax disputes Procedural and Statutory Requirements Emphasized Introduction The Court of Appeal of Tanzania (‘the Court’) in its recent decision in the case of G.S. Contractors Limited v. […]
Dar Es Salaam Stock Exchange (DSE) To Carry An Initial Public Offer (IPO)
The bourse had earlier on in the year 2015 demutualized by issuing 20 not fully paid up shares at a per value cost of Tshs. 400/= per share. In 2015 most of the subscribers were brokerage firms and several commercial banking institutions. There are no projections in significant operational changes of the Exchange. The Dar […]
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