Brief of the general and legal requirements for registration of International Non-Governmental Organizations (I-NGO’S) Summation of the provisions of the Non-Governmental Organization Act No. 24 of 2002 as amended by the Written Laws (Miscellaneous Amendments) Act No. 11 of 2005 A guide to remedy faults occurred during registration of an I-NGO Post registration compliance requirements […]
COMPLIANCE ISSUES CONCERNING THE EMPLOYMENT OF NON-CITIZENS IN TANZANIA
Filing of Returns on Employment of Non-Citizens Exemption of application of provisions of the Non-Citizens Employment (Regulations) Act, 2015 Adherence to Non-citizens employees versus local ratio Compliance issues on bulk recruitment Submission of Succession Plan Report on Cessation of Employment or engagement of non-citizen employee(s) Surrender of Work permit prior to departure of a […]
The Fair Competition Commission Introduces a New Threshold for Notification of a Merger and Acquisition in Tanzania
Threshold for Notification increased from TZS 800 Million to TZS 3.5 Billion. Basis for calculation of threshold amount widened to include turnover of the merging firms. The Fair Competition (Threshold for Notification of a Merger) (Amendment) Order, 2017 has introduced new prescribed threshold that requires a mandatory notification to the Fair Competition Commission (FCC) upon […]
Mergers and Acquisitions in Tanzania
PROTECTION OF THIRD PARTIES’ INTERESTS IN MERGERS AND ACQUISITIONS IN TANZANIA 1.0 Introduction A merger means an acquisition of shares, a business or other assets, whether inside or outside Tanzania, resulting in the change of control of a business, part of a business or an asset of a business in Tanzania. This definition is provided for […]