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The Bank of Tanzania (BoT) has issued the Foreign Exchange (Amendment) Regulations, 2026 through Government Notice No. 206 published on 17 July 2026 (the 2026 Amendments), introducing significant changes to the Foreign Exchange Regulations, 2022.
The amendments revise key aspects of Tanzania’s foreign exchange framework, including the regulation of cross-border direct investment, non-resident participation in securities transactions, and reporting requirements for export and import transactions. In particular, the amendments broaden the definition of direct investment, liberalise the framework governing securities transactions by non-residents, and introduce clearer procedures and timelines for trade-related foreign exchange reporting.
14 August 26
Other Insights:
Further insight into the policy objectives underpinning the reforms was provided by the BoT in a public notice published on 6 August 2026, which confirmed that the amendments are intended to permit all non-resident investors to invest in Treasury bills and Treasury bonds issued by the Government of Tanzania. The BoT stated that the reforms are aimed at broadening access to the Government securities market, deepening domestic financial markets and promoting Tanzania as an attractive investment destination.
Taken together, the reforms are intended to promote foreign investment, deepen Tanzania’s capital markets, facilitate cross-border investment and strengthen the monitoring of foreign exchange flows. They have important implications for businesses engaged in international trade, investors undertaking cross-border investments, financial institutions, and foreign lenders involved in shareholder and intra-group financing arrangements.
In this legal alert, we highlight the key changes introduced by Tanzania’s Foreign Exchange (Amendment) Regulations, 2026, and their implications for cross-border investment, securities transactions and trade-related foreign exchange reporting
Click here to download and read the full alert.
Should you have any questions regarding the information in this legal alert, please do not hesitate to contact Geofrey Dimoso or Samiath Mohamed.
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Contributors
1. Bupe Kabeta – Principal Associate
2. Edith Joel – Associate
3. William Mushi – Trainee Lawyer