Rule · CMSA · 11 Dec 2019
Tanzania’s Ministry of Finance issued these regulations to establish eligibility criteria, disclosure standards, and cross-listing procedures for foreign companies seeking public offers or stock exchange listings in Tanzania. The rules mandate that applicants from Kenya and Uganda demonstrate primary listing compliance, establish a local registered office under the Companies Ordinance, and pay prescribed fees to the regulatory Authority. Taking effect on May 21, 2003, the framework streamlines market access while ensuring robust investor protection and transparent corporate governance for international issuers.
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(2) The respective confidential reports shall contain but not be limitedmto the mmpliance history of the foreign company in the stock exchange of primary listing.
7. Every foreign company a&lying for cross listing shall establish Establish .-
a. place of bushed and 'reaster as a-fareign company- under the mcnt of-- -- -- -- - - .__A - Companies Ordinhce. plaa of busint~s Cap. 212
8. Every issuer of securities who hk applied for approval of the Fecs
me tothe Authority shall pay such fees as may be prescribed by the Authority from time to time. Dar es Salaam, 19* May, 2003 BASIL P. MRAMBA, Minister ftr Finmce
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