Benedict A. Ishabakaki
Benedict is a strategically innovative lawyer, carrying with him an aura of aggressiveness and tactical solutions to complex issues. He brings to the firm a large clientele of International and Local Corporations.
Benedict specializes in corporate law, telecommunications & ICT law, banking and finance law, capital markets and securities law, tax law and non-for-profits.
He possesses broad experience on contemporary corporate and commercial issues revolving around mergers & acquisitions, Tax compliance and Transfer Pricing, Corporate Management and Restructuring, Project Facilitation & Business Planning, Corporate Real Estate, Insolvency Management and Dissolution of Companies. Ishabakaki has facilitated most of these undertakings on behalf of some of the key players in the tourism, mining and ICT, media and telecoms sectors in the country.
He holds undoubtable influence over majority of the International and Local Non-Governmental Organizations, Societies, Trusts and Clubs, in the country, in regard to legal compliance, litigation and property management. He has received exceptional recommendations from majority of these corporations, due to his agility in partaking in the legal restructuring most of them amidst the 2019 changes in the law, which affected the being of these institutions.
Benedict is an Advocate of the High Court of Tanzania and Subordinate Courts thereto.
Benedict advises large multinational Corporations in the energy, tourism and the ICT and Telecoms sectors on enormous capital investment ventures. He is renowned for providing solutions to salvage corporations from their legal ordeals.
Benedict has successfully litigated and appeared for arbitration on behalf of companies and individuals, on several commercial, economic and general criminal cases in the ICT & Telecoms, Tourism and Extractives sectors amongst others. He has facilitated major plea bargaining deals on behalf of clients facing criminal charges on financial and economic crimes, the major being money laundering.
He also works with telecoms infrastructure and smart devices manufacturers, designers, developers and sellers, broadcasting companies and media outlets with local and international presence. His specialty is on assisting clients on general regulatory compliance, network access issues, licensing, franchising, and contracting and tax compliance and general dispute resolution.
Benedict also extends services in practice areas such as mergers and acquisitions, legal advisory on Initial Public Offering at the Capital Markets and Securities Authority (CMSA), and international and local tax planning. Additionally, he represents clients in dispute proceedings at the Tanzania Communications Regulatory Authority (TCRA) and in quasi-judicial legal proceedings at the Fair Competition Tribunal.
Benedict holds a Bachelor’s degree in law an (LL.B Hons.) from the University of Dar es Salaam and Postgraduate Diploma in Legal Practice of the Law School of Tanzania, he has attended several short causes in project management and human rights in USA, Netherlands and Sweden. Benedict is training to become a certified capital markets securities legal expert with the Tanzanian Capital Markets and Securities Authority (CMSA).
Professional Associations & Memberships
- Tanganyika Law Society
- East Africa Law Society
- International Bar Association (IBA)
- CEO Roundtable Tanzania
AGRIBUSINESS & FOOD
ARBITRATION & LITIGATION
BANKING & FINANCIAL SERVICES
CAPITAL MARKETS & SECURITIES
COMPLIANCE & INVESTIGATIONS
CONSTRUCTION & PROCUREMENT
CORPORATE GOVERNANCE, RESTRUCTURING & INSOLVENCY
ECONOMIC AND ORGANIZED CRIMES LITIGATION/ PLEA BARGAINING
EMPLOYMENT & COMPENSATION
ENVIRONMENTAL, HEALTH & SAFETY
INSURANCE COVERAGE & RECOVERY
INTERNATIONAL TRADE & FINANCE
MERGERS & ACQUISITIONS
OIL & GAS
PROJECT DEVELOPMENT & FINANCE
CUSTOMER GOODS FOOD & RETAIL
ENERGY & NATURAL RESOURCES
HOTELS & LEISURE
TELECOMMUNICATIONS, MEDIA AND TECHNOLOGY
MOOT COURT COMPETITION
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.