Right to Securities Investment in Tanzania

Securities industry grows tremendously in the world and in Tanzania now. Its growth is much more associated with development of science and technology as well as global economy interaction. Its growth has both prospects and challenges. Without effective legal and institutional foundations, its potentials will not be realised.

Hence, this book intends to examine the legal and practical recognition, protection and enforcement of the right to invest in the securities industry in Tanzania as well as to determine the effectiveness of the mechanisms towards recognition, protection and enforcement of the right to invest in the securities.

It is revealed in this book that securities investment is little known area to most people of Tanzania. It is known to some big companies and not individual persons which makes participation to the sector seem to be to it is right by the companies with large capital. However, to some extent the securities laws and institutions recognise, protect and enforce the right to invest in the securities industry in the country. Nevertheless, there are weaknesses within the laws and institutions in making sure the sector reveals its potentials and opportunities to all people in the country.

The author makes recommendation such as provision of securities investment education to Tanzanians and few amendments to some laws such as sections 54(1), 135 (1) and 136 (1) of the Capital Markets and Securities Act to mention but few.

Dettagli