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Legal Update - Lawfic Attorneys
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Category

Legal Update
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The legal framework for financial transactions in Tanzania has undergone substantial changes as a result of the amendments made by The Finance Act of 2024. The Act has incorporated a new provision, Section 26(2), into the Bank of Tanzania Act. As per the revised legislation, it is now mandatory for all transactions within Tanzania to...
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• Diaspora special status to be granted• Diaspora Tanzanite Card to be introduced• Procedure for obtaining Tanzanite Card prescribed• Restrictions on land ownership for non-citizens to beNrelaxed• Special derivative rights to be created On June 26, 2024, the Attorney General released the Written Law (Miscellaneous Amendments) (No.2) Bill, 2024 (referred to as “the Bill”). This...
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Recent Articles and Publications

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Investing in Tanzania 2024
October 3, 2024
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Pingamizi Katika Sheria ya Ardhi
September 3, 2024
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Environmental Laws and How They Can Affect Your Business in Tanzania
August 23, 2024

Aim of Our Practices

Our practice aims at providing efficient, accurate and cost effective legal services with attention to detail and highest professional standards. We offer real time legal solutions for fast changing and dynamic business environment.