Highlights: • Introducing special derivative rights for diasporas• Granting special status leads to special derivative rights• Conditions and procedures for obtaining special derivative rights• Termination of special derivative rights upon revocation of special status• Application and issuance of immigration documents electronically Introduction: The Tanzanian government has recently through the Written Laws (Miscellaneous Amendments) (No. 2)…
Legal Update: Dealing in Foreign Currency in Tanzania, the Ministerial and BOT Directives
- July 2, 2024
Key Highlights: – To comply with the directive, all prices of goods and services in Tanzania should be quoted in Tanzanian shillings. – Tourists and non-resident customers may pay in foreign currency for services like accommodation, travel, and cargo handling. – The exchange rate used must be displayed and not exceed the prevailing market exchange…