On 15th March 2025, our Partner, Ms. Nancy Tarimo, and Associate, Ms. Aziza Mmbaga, had the opportunity to attend the Accelerate Women’s Executive Summit held at Johari Rotana. Ms. Chinwee Esimai, a keynote speaker, delivered an inspiring speech in which she shared valuable insights into her career achievements and discussed how she has navigated and...Read More
In keeping with this year’s IWD theme of hashtag “AccelerateAction” REX as an advocate of gender equality is committed to always taking prompt and decisive steps to accelerate women’s growth and to address any systemic challenges and biases that they face both professionally and within the society at large. #IWD #AccelerateAction #GenderEquality #GenderInclusivity #GenderGrowth #REXers...Read More
The Personal Data Protection Commission (PDPC) has extended the registration deadline for data controllers and processors to 30th April 2025. Compliance with the Personal Data Protection Act, of 2022 is not optional. It is a legal requirement and essential for safeguarding personal data and ensuring trust in Tanzania’s growing digital economy. ⚠ Why Act Now?...Read More
We are proud to share that our Partner, Thomas Alex Nguluma played a pivotal role as the moderator of an insightful session on Regulatory Frameworks and Policy Implications during Day Two of the East Africa Investment Forum, held from 12th to 13th September 2024 at the Dar es Salaam Serena Hotel. He was accompanied by...Read More
Introduction The Finance Act 2020 amended the Company Act, the Trustees Incorporation Act, the Anti-Money laundering Act and Income Tax Act introducing the concept of Beneficial Ownership aligning Tanzania’s Beneficial Owers identification protocols to international and reginal standards. The intension is to Identify the natural person and persons who ultimately own or controls a company...Read More
UPDATE TO CLIENTS NEW SHAREHOLDING THRESHOLD FOR BENEFICIAL OWNERS’ DISCLOSURE KEY HIGHLIGHTS: The Finance Bill, 2022 has proposed changes to the Companies Act, by amending the definition of a Beneficial Owner (BO) and providing that BO will have the meaning ascribed to it under the Anti Money Laundering Act (as amended) (AML Act); The definition...Read More
BENEFICIAL OWNERS AND COMPANY COMPLIANCE REQUIREMENTS Who is a “Beneficial owner”? The Companies Act Cap 212 defines a “beneficial owner” as a natural person: – who directly or indirectly ultimately owns or exercises substantial control over an entity or an arrangement; who has a substantial economic interest in or receives substantial economic benefit from an...Read More
The course aimed at strengthening her management and leadership skills as well as learning how to help other private and government organisations adhere to good corporate governance practices. #REXTeam hashtag#CorporateGovernancehashtag#GoodCorporateGovernancePractices hashtag#ProfessionalDevelopmenthashtag#ProfessionalTraininghashtag#GovernanceRead More
REX recognizes and appreciates men’s contributions to society. In line with this years’ theme, i.e., “Positive Male Role Models” REX is committed towards fostering the importance of open conversations about men’s mental health, and emotional well being by creating supportive environments where men can thrive not only at the workplace but within the society at...Read More
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