Tanzanian government bans foreign nationals from owning and operating businesses
Zuko Komisa Image | Adobe Stock Tanzania has banned foreigners from owning 15 types of small and medium businesses. The new law aims to boost local entrepreneurship and secure economic opportunities for citizens. Violators face significant fines, imprisonment, or permit revocation. The Tanzanian government has enacted a new law, effective immediately, that prohibits foreign nationals from owning and operating small and medium-sized businesses in 15 specific sectors. Issued through Government […]