272018Nov
Tanzanian government releases Microfinance Bill

Tanzanian government releases Microfinance Bill

In a bid to ensure proper licensing, regulation, monitoring and supervision of microfinance business in Tanzania, the Minister for Finance has issued a draft Bill on Microfinance to be tabled in the National Assembly very soon. Microfinance business has been defined to mean the deposit and non-deposit taking business which also includes savings, loans, transfer,…

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142018Aug
Trade in Africa: Recent developments, opportunities, incentives and challenges

Trade in Africa: Recent developments, opportunities, incentives and challenges

Recession, lack policy reform and administrative hurdles often affect the climate of trade, investment and business in Africa. At LEX Africa’s most recent seminar, members discussed the challenges and changes seen in 2018. Osayaba Giwa-Osagie, senior partner at Giwa-Osagie & Co — a LEX Africa member in Nigeria — chaired an in-depth panel discussion on…

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122018Jun
Tanzania calls for investment in its pharmaceutical sector

Tanzania calls for investment in its pharmaceutical sector

Government says it has the support of the East African Community — of which Tanzania is a member — to reverse importing nearly 70 percent of the medicines it needs. Tanzania’s government believes it is perfectly positioned to address the untapped medical sector in the East African region. Speaking at the Tanzania-Israel Business and Investment…

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122017Oct
Q&A with FB Attorneys Book

Q&A with FB Attorneys Book

A useful guide on questions and answers on Tanzanian and International Law for students, teachers, legal practitioners and the public alike. LEX Africa member firm for Tanzania, FB Attorneys, is pleased to announce the launch of its book ‘Q&A With FB Attorneys’  Volume 1. The Q&A with FB Attorneys column was first published in the…

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82017Aug
Relief as Kenya, Tanzania lift trade restrictions

Relief as Kenya, Tanzania lift trade restrictions

Kenya’s Foreign Affairs Secretary says issues surrounding trade relations between the two countries have been resolved. Kenya and Tanzania have resolved a three-month diplomatic row which saw both governments impose bans on imports from each other. Addressing the media on 23 July 2017, both Ministers of Foreign Affairs — Amina Mohamed and Augustine Mahiga —…

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102017May
Tanzania moves swiftly on natural gas exports

Tanzania moves swiftly on natural gas exports

The government of Tanzania is moving forward with plans to invest in in the export of liquefied natural gas. The government of Tanzania has completed a draft agreement that it hopes will seal a USD 30 billion investment into the export of liquefied natural gas (LNG). The east African country is competing with Mozambique for…

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242017Apr
Tanzania and the World Bank in strategic partnership to boost infrastructure and economy

Tanzania and the World Bank in strategic partnership to boost infrastructure and economy

The country’s public transport systems are expected to get a full overhaul as investors’ interest grows. The World Bank has agreed to a USD 2.4 billion concessional loan for Tanzania which will enable the East African country to address failing infrastructure in the country and turn it into a bustling trade hub. The organisation’s Group…

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