African Governments’ Legal Efforts On The Attainment of Perfect Competition in Businesses
Competition laws foster the competitiveness of markets and businesses and also assist in consumer protection where consumers get the best products for the least prices, they do condition and heal market failures i.e. the private sector sometimes not doing what it ought to do in terms of proper and orderly competitive conduct in the marketplace.
Legal Rights of Accused Persons
The legal system in criminal proceedings requires not only justice to be done but to manifestly and undoubtedly seen to be done, the provision of Article 13 (6) (a) Constitution of the United Republic of Tanzania of 1977 as amended several times, aims at ensuring equality before the law and protection of an accused as it renders entitlement to fair hearing and rights of appeal as a legal remedy against courts or any agency making decision that affects a person, the constitution guarantees equality before the law and prohibits enactments of discriminatory laws. Generally, an accused person is presumed innocent until is proven guilty by a court of law, it is this notion of presumption of innocence by the constitution that shapes the laws of the land to ensure the accused’s rights in the course of a trial or criminal investigation are protected.
Legal Protection of Bank Deposits
Have you ever asked yourself about the security of your deposits should the bank fail? Yes, you have a bank account and you bang for the buck, but it happens, banks close shops, though it happens on very rare occasions, but it happens!! The bank community of Tanzania has not forgotten the closure of banks in 2018 where Efatha Bank LTD, Covenant Bank for Women Tanzania LTD, Meru Community bank LTD, Njombe Community Bank LTD, and Kagera Farmers Co-operative Bank LTD were entirely closed after they failed to rise to core capital prescribed by the BOT.