Tanzania’s real estate business goes online

>Well, may be you are one of those people, who have thought of investing in a real estate business, but you do not know how or you are a person, who thinks real estate is for the people whose wealth is almost Sh20 billion. Such ideas come only when we lack knowledge about real estate. Have you ever asked yourself the following questions: what exactly is real estate?

>Entering into real estate transactions in today’s litigious society without taking advantage of an arbitration clause is like driving a car without a seat belt: it is a dangerous and unnecessary risk. However, most people just cruise through this “Arbitration Clause” part of the contract without really understanding what is happening “there”.

Last year, a global online company for property listings, Lamudi extended its business in Tanzania, intending to create a marketing platform for the sector through the Internet.

I was only eight years old, when I saw my father switch on the TV for the very first time in his life, I think. That was a great day for my mother as well, you could see her face lit up with amazement (if you can call it so), or maybe it was just pure joy, only she knows. It seemed as if my mother and father had been saving money for years to be able to afford a colour television and the first day it was going to be used, even my grandma was invited to see the TV, I think. I don’t...

In business, be it in Tanzania or elsewhere, a contractual agreement is the most essential part of any real estate-related exchange.

“What do people say about you when you’re not around?” It’s a one million dollar question to a lot of people.

“A politician needs the ability to foretell what is going to happen tomorrow, next week, next month, and next year. And to have the ability afterwards to explain why it didn’t happen”

Hello. I am a diplomat residing in Tanzania and have recently been faced with a situation that requires your help. Please, tell me, do diplomats have to pay stamp duty on transactions involving real estate made whilst on diplomatic missions? JQ.

>Publicly-held companies in Tanzania do not have a tendency to raise their capital through issuance of corporate bonds, a situation that denies institutional investors a chance to invest in major firms.