Legal Reforms to Facilitate Digital Transactions and E-Commerce in Tanzania

Muhtasari

• The legal review forms part of Tanzania’s broader Vision 2050 strategy, which envisages the private sector implementing more than 78 per cent of the country’s long-term development agenda through increased investment.
• As the global economy becomes increasingly digital, Tanzania must ensure that its legal framework evolves accordingly,” Homera said in an interview on the sidelines of the Africa50 General Shareholders Meeting in Dar es.
• Homera said the review includes the Public-Private Partnership Act, the Companies Act and financial legislation to facilitate digital transactions, support electronic commerce and improve the legal environment for.
• The legal reforms, which will cover legislation governing digital financial transactions, electronic commerce, company operations and public-private partnerships (PPPs), are intended to provide greater regulatory.
• Beyond legislative reforms, the government plans to strengthen digital skills and artificial intelligence capabilities to ensure Tanzanians are equipped to participate in an increasingly technology-driven global economy.