Starting a business in Tanzania

A limited liability company can be established under the Companies Act 2002 which sets out the relevant legal framework. The relevant bodies or authorities involved in the establishments of a business are as follows: – Business Registration and Licensing Agency (BRELA), the body for registering companies in Tanzania Ministry of Industry Trade and Investment responsible…

Tanzania – 7 Major projects currently implemented by the Government

The Government is implementing the National Five-Year Development Plan 2016/17 – 2020/2021, which aims at nurturing industrialisation for economic transformation and human development. Under this Plan, the Government is implementing the following projects: – Construction of a new Central Railway line to Standard Gauge, the Government is constructing a new electric railway line using domestic…

Tanzania, the emerging powerhouse

A foreword by H.E. Joseph E. Sokoine Ambassador Embassy of the United Republic of Tanzania to the BELUX countries and Mission to the European Union Excellency, how would you present Tanzania from an economic point of view? I would present Tanzania from an economic point of view as an emerging powerhouse in Africa. Tanzania is…

Trade and Development Bank

The Eastern and Southern African Trade and Development Bank, known more commonly as TDB, and previously PTA Bank, is a specialised African regional financial institution established in 1985 that provides short, medium and long-term financing across a wide set of sectors, both private- and public-sector clients, on sustainable and commercial principles.   The Bank’s mission…

Quel véhicule pour votre investissement en Afrique : entre mythe et réalité

Dans un précédent article, nous avions abordé les mécaniques de protection des investissements à l’étranger tirées des conventions et des traités internationaux. Ce qui nous avait permis d’effleurer le sujet des conventions préventives de double imposition. Les conventions préventives de double imposition sont des conventions fiscales conclues entre deux Etats, qui règlent les situations pouvant…

Opportunities in Tanzania

Tanzania is one of the best performing economies of Africa. The country enjoyed steady growth for the last decade and a 7.0%[1] GDP increase in 2016. Neighbour to 6 countries, it performs strongly in the industry, construction, services, information and communications sectors.   For an investor, international business or businessman, it is reassuring to know…