By Alfred Zacharia
The Business Registration and Licensing Agency (BRELA) has deregistered 11 companies for operating beyond their registered purposes, reinforcing its commitment to ensuring corporate compliance.
This action is in accordance with Section 400A (1) (e) of the Companies Act, Cap 212.
In a statement made on March 5, 2025, in Dar es Salaam, BRELA’s Chief Executive Officer, Godfrey Nyaisa, confirmed the decision.
"The law clearly mandates that the Registrar must notify companies of any violations and the actions intended to address them. Should a company fail to provide a satisfactory explanation, the Registrar has the legal authority to remove it from the Companies Register," Nyaisa explained.
BRELA had issued notices to the companies between January 2 and 26, 2025, but none of the companies involved responded with justifications.
As a result, their registrations were officially revoked on February 27, 2025.
The deregistered companies include: LBL Mtwara Media Company Limited (No. 181289972), LBL Morogoro Media Company Limited (No. 179770873), LBL Geita Advertising Media Limited (No. 180439242), LBL Mbeya Media Limited (No. 179978326), LBL Future Vision Advertising Agency Company Limited (No. 181302259), LBL Mbezi Advertising Media Company Limited (No. 180582835), LBL Ubungo Media Limited (No. 180960333), LBL Mabibo Media Company Limited (No. 181117346), LBL Mbagala Media Company Limited (No. 181248874), LBL Gongo la Mboto Media Advertising Limited (No. 181513438) and LBL Dar es Kigamboni Advertising Company Limited (No. 180046992).
Nyaisa further emphasized the seriousness of BRELA’s actions, stating, "No institution in Tanzania is authorized to license pyramid schemes. We urge the public to report any suspicious business activities to the relevant authorities immediately."
BRELA continues to closely monitor companies operating outside their registered mandates.
"This enforcement is a clear message to businesses to comply with regulations, uphold transparency, and maintain the integrity of their operations. Further violations will lead to similar actions," Nyaisa warned.