INSIGHTS
OUR THINKING
8 Key Principles of Data Protection (Article 2)
PART 3: GUIDING PRINICPLES ON DATA PROTECTION (By Fatma Haruna Songoro) 3.1 Introduction Data protection principles are the core values of all data protection legislation and policies. These principles are widely accepted, recognized and adopted across all...
VAC Data Protection & Privacy Series (Article 1)
About us Victory Attorneys & Consultants is a pre-eminent corporate and commercial law firm providing top-notch legal service across all sectors. The firm, amongst other things, specializes in data protection and privacy law through providing expert legal...
The Court Pronounces New Bail Conditions for Foreigners And Co-Accused
New Bail Conditions to Foreigners Granting Bail to Co-accused Persons When Bail Applied by One Accused What Amounts to Actual Amount in a Charge in Bail Consideration On 27th of August 2021, the High Court of Tanzania, delivered a ruling on granting bail in...
Aspects of the Bankruptcy Proceedings in Tanzania
More often than not people tend to confuse between an insolvency and bankruptcy. These are not interchangeable words and they bear different meanings and consequences. Being bankrupt and being insolvent are two different financial status or conditions. By a simple...
An Overview of The Decision of The High Court of Tanzania in Dealing with Untraceable Shareholders of Paid Up Shares
(Compulsory sale of shares can be granted under stringent condition under supervision of the court) One of the vital assets of a limited liability company is her shares. Shares may be paid up or unpaid up. Normally, when shares are paid up, their ownership becomes...
It Is Mandatory for a Unit Property to Be Managed by a Registered Association
Unit property is one of the growing forms of housing in Tanzania boosted by the enactment of the Unit Title Act, 2008 “the Act’. Unit property owners occupy a defined part of a building (unit) and share ownership in common areas. The manner in which unit property...
The High Court Compels Parents and Spouses to Bequeath To Their Biological Family Members.
(The Existed Doctrine of Absolute Testamentary has been modified with strict terms) The Doctrine of Absolute Testamentary is the principle which confers the testator with testamentary capacity to undisputed discretionary power without any limitation to dispose his...
Tax Planning: Do You Mitigate or Avoid?
The saying that no likes paying taxes is closer to the truth than not. For companies, corporate tax is considered as a material cost which should be minimized or avoided at all. To achieve that end, tax planning comes into play. But the bad thing is, there is no clear...
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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.
