Some legal perspectives on investment incentives

>Real estate contracts are binding legal documents. They form the bases of the sale and buying of a property. The wishes or rather the agreements, terms and conditions of the buyer and a seller in the purchase are reflected in a contract.

The former Apple CEO and founder of Obi Mobiles Mr. John Sculley discusses a point during their visit of Tanzania Investment Centre (TIC) to explore investment opportunities. This company is now eying the East African market. The former Apple CEO and Obi Mobiles co-founder Mr. John Sculley explains something during the visit of Tanzania Investment Centre offices today, 20 March 2015. On his left is Mrs. Diane Sculley. The meeting between Ministry of Communication, Science and Technology,...

First of all, I wish to extend our profound gratitude to Norbert Noisser and the SID Frankfurt Chapter for hosting the SID Chapter leaders’ meeting here in Frankfurt, and, secondly, for organising this afternoon’s event. It takes serious commitment to undertake these tasks even for a German institution! Thank you so much Norbert. For my part, I am always extremely nostalgic about being in Germany, the land of my maternal grandfather. But don’t worry I am not about to...

Among the biggest challenges that face the world today include unemployment and underemployment. 

The division among experts on the reason for dwindling Foreign Direct Investments (FDIs) in the mining sector and its impact on the export industry is disturbing. It is not surprising, though. It is clear testimony that experts think and act in line with their beliefs, traditions and values.

>The 16th ordinary meeting of the heads of states of the East African Community (EAC) was held on the 20th February 2015 in Nairobi Kenya. These Presidents of Tanzania, Kenya, Uganda, Rwanda and Burundi made a number of resolutions. Among them is the resolution to speed industrial development in the regional block through banning importation of second hand clothes and vehicles popularly known as mitumba in Kiswahili.

Two recent developments have brought into sharp focus the unsatisfactory state of the tax regime in Tanzania. This is in relation to (statutory) tax exemptions – too many of them! – and (criminal) tax evasion: too much of that!

In what critics might dismiss as a thinly-veiled early campaign geared at paving the way for the ruling CCM to survive the October 25 polls and form the Fifth Phase administration, Minister for Labour and Employment Gaudensia Kabaka told Parliament on Monday that the government envisages creating 500,000 in the 2015/16 financial year.

Civil society organisations in the country have called on the Minister for Finance to take immediate action and bring to an end harmful tax incentives.