Zanzibar’s tourism sector reached new heights in December 2024, welcoming 91,611 international visitors, a remarkable 30.5% increase from the 70,186 recorded during the same month in 2023. Adding to this achievement, a recent study by Bounce crowned Zanzibar as the second-best island getaway destination in 2024, surpassing renowned locations like Mallorca, Ibiza, and Sardinia. The …

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“In the digital age, privacy is not a privilege; it’s a right that must be fiercely protected.” April 2024 marked a significant milestone for Tanzania with the launch of the Personal Data Protection Commission (PDPC) under the Personal Data Protection Act, 2022. During the inauguration, the President issued a clear directive; that by 31st December …

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Imagine scanning a QR code to settle a restaurant bill, accessing your bank account through a mobile app, or obtaining a loan through a mobile network operator (MNO). These everyday conveniences exemplify how FinTech is revolutionizing financial transactions. FinTech refers to innovative technologies that enhance and automate financial services while Blockchain is a transformative technology …

Continue Reading Financial Technology (Fintech), Digital Assets & Blockchain in Tanzania. What Can Service Providers Do To Stay Vigilant?

Imagine standing before the Tanzania Revenue Authority (TRA), where every missing document or delayed submission can inflate your tax liability and weaken your defense. The rules are clear: the onus of proof rests squarely on your shoulders. Fail to provide the right evidence at the audit stage, and you risk facing assessments based on estimates …

Continue Reading The Audit Showdown: Why Timely Evidence is Your Best Defense Against Tax Liabilities

Registration of Special Wildlife Investments in Tanzania For an investor to invest in the protected wildlife areas in Tanzania, there has to be a designated special wildlife investment concession area and the investor has to be granted a special wildlife investment concession through a contract with the Tanzania Wildlife Management Authority (“the Authority”). Special Wildlife …

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