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 […]
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 […]
Ministry of Energy and Minerals invites Investors to Invest in Energy Production in Partnership with the Government.
In a move calculated to rid of and unburden the Tanzania Electric Supply Company Limited (TANESCO) from the power production hustles, the Ministry of Energy and Minerals (MEM) has officially announced its intention to partner up with private investors towards the power production issue. According to MEM’s Commissioner for Energy and Petroleum Development in a […]
Tanzania marginally improving according to the 2016 World Bank’s Doing Business (DB) Report.
Holds the 139th slot in the overall rankings A spot higher than previous year (DB Report 2015) Neighbouring East African countries pull away as their business environments thrives. Each year, the World Bank releases its global report on business environments around the world, analyzing the conduciveness of the countries’ business enhancement culture, as well as […]
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