BANKING & FINANCIAL SERVICE
OVERVIEW
The Tanzanian banking sector is a significant industry for the country’s growing economy. The nature of the sector calls for extensive regulation by various bodies like the Bank of Tanzania amongst others. This in turn creates complexities on compliance by licensed actors in the sector.
We provide wide range of premium services in;
- Facilitating registration and obtaining of licenses for banks and financial institutions.
- Representing banks and financial institutions in litigation and arbitration proceedings
- Preparing and reviewing loan facilitating agreements (loan term agreements)
- Obtaining requisite licenses and titles involved in the banking business
- Carrying out due diligence investigation in establishing the propriety and legality of bank operations
- Assisting Auditors in reviewing Annual Audits on a legal perspective
- Providing legal updates to Banks and Financial Institutions on legal changes with the potential to affect their operations
We have assisted a microfinance institution in preparing biannual legal compliance models, we have also advised Informal Financial Groups (IFGs) on institutional expansion and formalization. Our banking team has greatly partaken in advising an international NGO on establishing a microfinance institution targeting a certain sect of miners in Tanzania.
INTELLECTUAL PROPERTY
PUBLIC PROCUREMENT
INTERNATIONAL TRADE & FINANCE
MERGERS & ACQUISITIONS
MINING
NON-PROFIT INSTITUTIONS
OIL & GAS
PROJECT DEVELOPMENT & FINANCE
TAXATION
FINTECH
SERVICES
AGRIBUSINESS & FOOD
ARBITRATION & LITIGATION
BANKING & FINANCIAL SERVICES
CAPITAL MARKETS & SECURITIES
COMPETITION
COMPLIANCE & INVESTIGATIONS
CONSTRUCTION & PROCUREMENT
CONSUMER PROTECTION
CORPORATE GOVERNANCE, RESTRUCTURING & INSOLVENCY
CORPORATE SERVICES
ECONOMIC AND ORGANIZED CRIMES LITIGATION/ PLEA BARGAINING
EMPLOYMENT & COMPENSATION
ENVIRONMENTAL, HEALTH & SAFETY
INSURANCE COVERAGE & RECOVERY
INTELLECTUAL PROPERTY
INTERNATIONAL TRADE & FINANCE
MERGERS & ACQUISITIONS
MINING
NON-PROFIT INSTITUTIONS
OIL & GAS
PROJECT DEVELOPMENT & FINANCE
TAXATION
SECTORS
AVIATION
CUSTOMER GOODS FOOD & RETAIL
ENERGY & NATURAL RESOURCES
HOTELS & LEISURE
INDUSTRIALS
INFRASTRUCTURE
FINANCIAL SERVICES
TELECOMMUNICATIONS, MEDIA AND TECHNOLOGY
REAL ESTATE
QUICK LINKS
MOOT COURT COMPETITION
ESSAY COMPETITION
NOTABLE ACHIEVEMENT
RESTORING OF BAHARI BEACH HOTEL
We have managed to advice and work with the government of Libya through its investment company LAICO in restoring its property in Tanzania the Bahari Beach Hotel Limited.
HANDLING CLIENTS ON USAID PROJECTS AND EU FUNDS
We have managed to advise over 20 International and Local NGOs and other not-for-profit entities on legal and regulatory compliance, most especially in the advent of legal 2019 amendments. Our firm boasts experience in handling clients on USAID projects and EU funds.
SECURED THE BEST PLEAS DEALS WITH THE DIRECTOR FOR PUBLIC PROSECUTION (DPP)
We have secured the best pleas deals/plea agreement with the office of the Director for Public Prosecution (DPP) for clients in the Banking & Finance, Telecoms and Wildlife, Tourism and Leisure industries.
HANDLING LIQUIDATION FOR THE FIRST INSURANCE COMPANY
We have created a precedent on Corporate Restructuring & Insolvency through handling liquidation for the first insurance company undergoing voluntary winding up.