Solicitors governing body: Tangayika Law Society
Competition authority: Fair Competition Commission
Financial regulator: Capital Markets & Securities Authority
IFLR1000 ranking categories in this jurisdiction:
Following separate liberations from British rule in the early 1960’s, the states of Tanganyika and Zanzibar united to form Tanzania in 1964. The country is a member state of the Commonwealth of Nations, and alongside Swahili, English is an official language. As with several other ex-colonial states, the Tanzanian legal framework is based on the English common law system.
The Tangayika Law Society is a member of the East Africa Law Society. The nations are considering the adoption of a common legal system in the near future, as well as a shared currency.
International law firms are present in the jurisdiction, originating from England and more recently, South Africa.
ATZ Law Chambers is active in project development, banking, and M&A. The firm is the Tanzanian member of the Africa Legal Network.
In M&A, the firm advised Deere & Company on the acquisition of Wirtgen Group. In project development, the firm has been advising clients such as for Capital Drilling, Mantrac, and Orica on Tanzanian local content laws.
Amish Shah, partner in corporate and project development, left the firm in June 2017 to found his own firm.
Other noteworthy clients include Citibank Tanzania, Ringier Africa, and Old Mutual Group.
"ATZ has provided extremely thorough advice in M&A and regulatory matters (including engagements with the competition authority and regulatory authorities in Tanzania). It has also helped us with general corporate matters. The firm has a strong team, and the lawyers we worked with provided very proactive and solid support throughout the M&A and regulatory processes." – M&A, and restructuring and insolvency
"The work was excellent - comprehensive, well set out, consistent, with practical recommendations and met the deadline." – M&A
"In addition to legal expertise, the professionals at ATZ Law Chambers are able to provide practical advice and often have in-depth knowledge of Tanzanian processes and practices." – M&A, and restructuring and insolvency
"We received good service from the firm. The team was accurate, timely and responsive." – Banking and finance
"Well placed and respected in its market." – Competition, and restructuring and insolvency
"She has an in-depth knowledge of Tanzanian practices applicable to corporate transactions."
"Very well versed with Tanzanian laws with extensive support from its network."
"A very methodical and thorough lawyer. I had a very good experience in a due diligence assignment - a rising star."
Bowmans is an international law firm active across Africa which opened its office in Tanzania in January 2017. The firm has since established itself in project development, banking, and M&A.
The firm has displayed sector specialties in oil and mining, advising its client Lake Oil on a security package for a credit facility.
The firm has experience handling Tanzanian local law requirements, advising client Alistair James Company on complying with such regulations in the oil, gas, and mining services industries.
As part of establishing a new office, the firm has relocated lawyers from other Bowmans offices and hired local Tanzanian lawyers.
Other clients of the firm include Nedbank, Creditinfo, Epiroc, and Abraaj Investment Management.
"Generally satisfied with the firm's work." – M&A
Clyde & Co is active primarily in banking and project development. In project development, the firm specialises in infrastructure. The firm also advises on English law for certain cross-jurisdictional matters and works across East Africa, such as in Kenya, South Sudan, and Somalia.
In banking, the firm advised the African Development Bank on a unsecured loan to CRDB Bank to be used for infrastructure and SME financing.
During the research period, the firm gained notable experience in the burgeoning field of PPP in Tanzania including on work for the World Bank.
Other high-profile clients include Mobisol, Primefuels Tanzania, and PeninsulaPlaza.
The firm used to work in association with Ako Law, but the two firms are now practice independently.
"Proactive and responsive." – Project finance and development
ENSafrica is one of Africa’s largest law firms. In Tanzania, the firm works in banking, capital markets, M&A, and project development.
The firm was most active in banking recently, working on several loan financings during the research period including advising lenders on a loan to Prime Fuels Tanzania and Prime Fuels Kenya.
The firm represented Vodacom with respect to two deals, the takeover of Shared Networks Tanzania in M&A and Vodacom Tanzania’s IPO in capital markets.
Jan Viviers, director of ENSafrica’s corporate practice, relocated to Tanzania from South Africa for three years as of November 2017.
Other notable clients of the firm include HTT Infraco, Responsibility Investments, and CRDB Bank.
FB Attorneys is mainly active in project development, banking, M&A, and restructuring and insolvency.
A clear recent highlight was working for Total as local counsel for the EACOP project, an oil pipeline project that starts in Uganda and ends in Tanzania, which is the first trans-border pipeline of its kind in the region.
Other noteworthy clients include Export Trading Group, Yapi Merkezi and Pan African Energy Tanzania.
IMMMA Advocates is an established local firm active in banking, project development and M&A. The firm is a member of DLA Piper Africa and works on deals across the continent.
In project development the firm was active in agriculture, helping its client Ferrostaal Industrial Projects, Haldor Topsoe and Fauji Fertilizer Company form a joint venture along with Tanzania Petroleum Development Corporation to build a gas-based fertilizer plant. The firm has also worked on PPP in Ghana, representing the Ministry of Finance.
Other notable clients of the firm are the Eastern and Southern African Trade and Development Bank and The Federal Republic of Somalia.
Norton Rose Fulbright works in project development and banking. The firm advises on both English and Tanzanian law, with one Tanzanian qualified partner, and two directors with foreign qualifications.
In banking, the firm represented Stanbic Bank Tanzania on the refinancing of commercial property in central Dar-Es-Salaam.
Financial and corporate partner Adam Lovett left the firm’s Tanzanian practice. The firm relocated Martin Botik, who was previously a senior associate in the firm’s Dubai office, to Tanzania.