On 15 January 2026, the Government of the United Republic of Tanzania published the Written Laws (Miscellaneous Amendments) Act, 2026 (“the Act”) as Special Bill Supplement No. 1 to the Special Gazette Vol. 107. The Act amends twenty-one written laws spanning financial services regulation, corporate governance, intellectual property, civil aviation, tourism, drug control and criminal…
The Banking and Financial Institutions (Non-Interest Banking Business) Regulations, 2025 introduce immediate mandates for banks already operating non-interest products and those planning to enter the market. The BoT expects rigorous adherence to Shari’ah governance to prevent “Shari’ah non-compliance risk,” which could lead to severe financial and reputational damage. 1. Key Compliance Deadlines & Action Items…
On 19 December 2025, the Bank of Tanzania (BoT) issued the Banking and Financial Institutions (Non-Interest Banking Business) Regulations, 2025 (the Regulations) under Government Notice No. 688. This development introduces a robust legal and regulatory framework governing Shari’ah-compliant financial services in the United Republic of Tanzania (URT). The Regulations apply to: (a) Full-fledged non-interest banks…
Is your business ready for Tanzania’s High-Growth era? The 2025 legislative cycle has transformed the United Republic of Tanzania into one of the most stable and predictable investment destinations in East Africa. By formalizing a High-Compliance framework, the government has created a transparent “operating manual” that secures sovereign value while offering unparalleled opportunities for international…
Tanzania’s growing economy and dynamic Small and Medium-sized Enterprise (SME) sector present compelling opportunities for specialized capital deployment. For international financial institutions and local investment houses looking to establish a Debt Fund in local currency (TZS), the journey begins with securing the necessary regulatory foundation: a Fund Manager License from the Capital Markets and Securities…
This article provides a comprehensive and up-to-date analysis of the mandatory registration and critical legal formalities required for loan facility agreements in Tanzania, focusing particularly on cross-border financing (foreign loans) within the current legislative framework (R.E. 2023 and 2025 Acts). 1. MANDATORY REGISTRATION OF FOREIGN LOANS WITH THE BANK OF TANZANIA (BOT) The registration of…
The Finance Act 2025 is here, bringing significant legal and regulatory changes that will impact individuals and businesses across various sectors. Released on June 30, 2025, and effective July 1, 2025, this Act is crucial for understanding the evolving economic and legal landscape in Tanzania. Stay informed about the key amendments, including reforms in banking…