Dispute Resolution and Litigation

THE ROLE OF TANZANIA’S CAPITAL MARKETS TRIBUNAL IN RESOLVING SECURITIES DISPUTES Capital markets move at lightning speed but justice often does not. When a broker misuses client funds or a listed company manipulates its stock, waiting years for a conventional court ruling would paralyze the financial system. This is why capital markets tribunals exist: specialized …

Court: Court of Appeal of TanzaniaCoram: Kerefu, J.A., Fikirini, J.A., Masoud, J.A.Date of Judgment: 21st February 2025Appellant: Audax Kijana KamejaRespondent: Commissioner General, Tanzania Revenue AuthorityAppeal Number: Civil Appeal No. 144 of 2022 Introduction The Court of Appeal of Tanzania (CAT) has consistently held that the refusal to grant a waiver of the one-third tax deposit …