Mergers and Acquisitions in Tanzania
October 13, 2016
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 […]
Read MoreAnalysing the Fair Competition Act 2003
September 19, 2016
APPLICABILITY OF THE “RULE OF REASON” IN PROHIBITION OF ANTI-COMPETITIVE AGREEMENTS Casting light on what are the anti-competitive practices under the law by application of the principle A brief analogy with the principle’s application in the USA and the EU Introduction The Rule of reason is a legal approach by competition authorities or the courts […]
Read MoreAmendments to the Public Procurement Act, 2011: Response to Public Critique on the Legislation
August 29, 2016
Leading to efficiency of procurement processes Ensuring time saving and value for money Minimizing loopholes for corrupt practices Increasing accountability and transparency Inclusion of local experts, firms, goods and commodities in all procurement Since its enactment the Public Procurement Act, 2011(‘the Act’) has been criticised by the general public for being inefficient, time consuming, failure […]
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