Uchumi360 Author Archive

Author: Victory Attorneys & Consultants

Victory Attorneys & Consultants is a leading, locally registered law firm with a global outlook, providing high-quality legal and advisory services to clients across diverse sectors. For over a decade, the firm has been driven by experienced and innovative legal professionals committed to delivering practical, commercially focused solutions.

With expertise spanning Tourism, ICT, Real Estate, Construction, Oil & Gas, Aviation, Energy, Mining, Finance, Healthcare, Telecommunications, Environment and Carbon Trading, among other sectors, Victory Attorneys & Consultants supports startups, established businesses and multinational corporations in achieving their strategic and commercial objectives.

The firm’s commitment to excellence, integrity and client-focused service has established it as a trusted legal partner locally and internationally.

10 articles Latest: October 14, 2026
What Really Happens to Your Shares When Your Nominee Is Gone: How Nominee Arrangements Can Affect Your Wealth Planning
Uchumi360 Intelligence 14 October 2026

What Really Happens to Your Shares When Your Nominee Is Gone: How Nominee Arrangements Can Affect Your Wealth Planning

What happens to your company shares when the person holding them on your behalf dies? Nominee shareholding arrangements are common among Tanzanian families, businesses and investors, but without proper legal documentation, beneficial owners risk losing their interests during probate and succession proceedings. This article examines the legal risks associated with nominee arrangements in Tanzania, the implications of beneficial ownership regulations, and how trust deeds, nominee agreements and effective estate planning can help protect shares and preserve wealth for future generations.

Travelling to Tanzania? What You Need to Know About Mandatory Travel Insurance
Tourism 9 October 2026

Travelling to Tanzania? What You Need to Know About Mandatory Travel Insurance

From 1 October 2026, qualifying foreign visitors entering Mainland Tanzania must comply with the new mandatory inbound travel insurance regime. This legal update explains the applicable requirements, exemptions, premiums, coverage and entry rules, while highlighting what visitors, insurers, employers and tourism businesses need to know to prepare for implementation and avoid compliance disruptions.

From Cash to a Paperless Economy: Analysis of Tanzania’s Mandatory Electronic Payment Regime in The Digital Economy Era
Economy 8 October 2026

From Cash to a Paperless Economy: Analysis of Tanzania’s Mandatory Electronic Payment Regime in The Digital Economy Era

Tanzania is accelerating its transition towards a paperless economy through the Electronic Transactions (Mandatory Electronic Payments for Specified Transactions) Order, 2026. Effective from 1 July 2026, the Order makes electronic payments mandatory for specified transactions across sectors including transport, tourism, hospitality, education, real estate and motor vehicle transactions. This article examines the legal, commercial and economic implications of mandatory electronic payments in Tanzania, including financial inclusion, tax compliance, cybersecurity, data protection and the readiness of the country’s digital payment ecosystem.

Interior Design Copyright in Tanzania: What's actually protected and for how long?
Uchumi360 Intelligence 7 October 2026

Interior Design Copyright in Tanzania: What's actually protected and for how long?

Interior design copyright in Tanzania is broader and narrower than many designers realise. While copyright automatically protects qualifying creative works such as drawings, plans, sketches, renders and works of applied art, the underlying idea or concept is not protected. This article examines what the law protects, how long different interior design works remain protected, and what designers can do through registration, contracts, confidentiality and proper records to strengthen their position against infringement.

Removal of Nigerian Nationals from Tanzania's Referral Visa Category
News 2 October 2026

Removal of Nigerian Nationals from Tanzania's Referral Visa Category

Tanzania has removed Nigeria from its Referral Visa Category, following a public notice issued by the Immigration Department on September 25, 2026 and amendments published in Government Gazette No. 246 of 2026. This article explains what the change means for Nigerian nationals travelling to Tanzania, the countries that remain under the Referral Visa regime, and the visa and immigration requirements travellers should still consider.

Regional Merger Control in the Digital Economy Era: Valuation Metrics for Digital Markets, Asset Safeguards and Nexus Tests in the EAC and COMESA Common Markets
Regions 2 October 2026

Regional Merger Control in the Digital Economy Era: Valuation Metrics for Digital Markets, Asset Safeguards and Nexus Tests in the EAC and COMESA Common Markets

As digital businesses reshape mergers and acquisitions across Africa, traditional turnover and asset-based thresholds are increasingly being tested. The COMESA Competition and Consumer Commission (CCCC) and the East African Community Competition Authority (EACCA) now face a difficult question: how should competition law capture high-value digital transactions involving businesses with few physical assets but significant data, users and network effects? This article examines regional merger control in the digital economy, focusing on transaction-value thresholds, digital-market classification and local nexus tests under the COMESA and EAC competition regimes. It highlights key considerations for businesses, investors and deal counsel structuring fintech, technology and cross-border transactions in East Africa and the wider COMESA Common Market.

Tanzania's Vision 2050 Has Identified Five Priority Investment Sectors. Victory Attorneys and Consultants Breaks Down What Each One Means for Investors Entering the Market Now.
Uchumi360 Intelligence 2 June 2026

Tanzania's Vision 2050 Has Identified Five Priority Investment Sectors. Victory Attorneys and Consultants Breaks Down What Each One Means for Investors Entering the Market Now.

Victory Attorneys and Consultants, a Dar es Salaam-based law and advisory firm, has identified five priority investment sectors within Tanzania's Development Vision 2050 framework: industrialisation with value addition, where Tanzania is transitioning from raw material export to processed product export with incentives for downstream processing, industrial parks, special economic zones, and export-oriented manufacturing; logistics, where Tanzania's Indian Ocean port position and SGR network are positioning it as the regional trade hub for Rwanda, Burundi, Uganda, Zambia, Zimbabwe, and Malawi; energy, which the firm identifies as the strategic competitive lever underpinning both industrial transformation and regional trade integration; digital transformation, encompassing broadband and 5G infrastructure expansion, data-driven solutions, and innovation-led economic activity; and climate and environment, where Tanzania's natural resource endowment creates investment opportunities in green energy, climate-smart agriculture, sustainable tourism, and green infrastructure. The analysis situates each sector within the Vision 2050 framework, identifies the specific investment opportunities whose commercialisation the government's enabling position supports, and provides the legal and strategic context whose understanding is the precondition for investment commitment at the scale and structure that Tanzania's market entry requires. Tanzania's five Vision 2050 priority sectors are not five separate investment arguments. They are one integrated economic transformation whose components reinforce each other: industrialisation needs energy, energy needs logistics, logistics needs digital infrastructure, and all of it needs the environmental governance whose quality Tanzania's natural capital makes strategically significant. Understanding the integration is understanding the investment opportunity.

Tanzania’s Vision 2050 Is Not Just Economic Policy. It Is a Legal and Investment Architecture Being Built for Long-Term Capital
Markets 31 March 2026

Tanzania’s Vision 2050 Is Not Just Economic Policy. It Is a Legal and Investment Architecture Being Built for Long-Term Capital

The Tanzania Development Vision 2050 is increasingly moving beyond strategic ambition into institutional execution. What is emerging is not only a development pathway, but a coordinated effort to realign legal frameworks, regulatory systems, and investment structures to support large-scale capital deployment. For investors and business operators, the significance of this shift lies less in the vision itself and more in the legal and operational systems being constructed to enable it.

Where to Invest in Tanzania: High-Growth Sectors Under Vision 2050 (DIRA 2050)
Markets 26 March 2026

Where to Invest in Tanzania: High-Growth Sectors Under Vision 2050 (DIRA 2050)

Tanzania’s Development Vision 2050 outlines a long-term strategy to transform the country into a $1 trillion, upper-middle-income economy driven by private sector growth. The government is shifting focus from raw resource exports to value addition, industrialization, and regional trade integration. Key investment opportunities emerge in agro-processing, manufacturing, logistics, energy, digital innovation, and sustainable development. Supported by regulatory reforms, infrastructure expansion, and a growing skilled workforce, Tanzania presents a strategic environment for investors seeking long-term, scalable returns.

Who Really Pays Excise Duty? Court Breaks It Down for Financial Institutions
Policy & Governance 23 March 2026

Who Really Pays Excise Duty? Court Breaks It Down for Financial Institutions

The Court of Appeal of Tanzania has clarified the applicability of excise duty on non-deposit taking financial institutions, holding that microfinance service providers may still qualify as “financial institutions” for tax purposes. This landmark decision highlights the interpretation of the Excise (Management and Tariff) Act, R.E 2023 and confirms that excise duty at 10% applies to certain financial service fees, regardless of deposit-taking status. The ruling in Commissioner General of TRA v. BRAC Tanzania Finance Limited, Civil Appeal No. 203 of 2025 signals a shift toward a substance-over-form approach, expanding tax exposure for microfinance institutions and reinforcing the authority of the Tanzania Revenue Authority. This update is essential for banks, financial institutions, and microfinance providers seeking clarity on excise duty compliance, tax liability, and regulatory interpretation in Tanzania.