How an international award can be recognized in Tanzania Power of the Tanzanian High Court in remitting or setting aside foreign awards, or otherwise, enforcing them as decrees. Role of the Dowans vs. TANESCO case, [Miscellaneous Civil Case No. 8 of 2011] in defining the applicable procedure in enforcing arbitral awards in Tanzania. This Article […]
Law, Practice and Procedure Relating To Dividend In Tanzania, Under The Companies Act, 2002
Important terms to know about dividends generally The procedure for declaration and issuing of dividends Other matters such as unclaimed dividends, and trading of shares cum dividends The term ‘dividend’ is not defined under the law governing companies in Tanzania, that is, Companies Act Companies Act, No. 12 of 2002. According to the generally accepted […]
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 […]
Import Duty Exemption For Investors Registered With Tanzania Investment Centre
Importation of goods in Tanzania attracts various taxes which include Import Duty, Excise Duty and Value Added Tax. All these taxes are levied on goods imported in the country. This means that investors both local and foreign will have to incur the expenses of paying the taxes imposed on importation of goods in Tanzania. However, […]
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