Tanzania’s Capital Markets Tribunal (CMT) is increasingly being recognised as a trusted, independent platform for resolving disputes in the capital markets sector particularly around ownership claims and delayed investor payments.
Speaking during the 49th Dar es Salaam International Trade Fair (DITF), Legal and Research Officer Mr Ademson Emmanuel highlighted the Tribunal’s vital role in safeguarding investor confidence and enforcing accountability across the industry.
The Tribunal operates under Section 136A(1) of the Capital Markets and Securities Act, offering a swift and impartial avenue for settling conflicts involving investors, brokers, listed companies, fund managers and regulatory authorities.
“If an investor is dissatisfied with a decision issued by a regulatory body, they have the right to appeal to the Tribunal under Section 136H(1),” Mr Emmanuel said.
“The Tribunal ensures that such decisions are reviewed with the highest level of legal scrutiny and fairness, helping to uphold justice and regulatory integrity in the sector.”he added
He added that the Tribunal’s mandate extends beyond dispute resolution to include the interpretation of capital markets laws, in line with Section 136G(2) of the Act. This function, he said, helps prevent unethical practices and reinforces market credibility.
Investor protection, according to Mr Emmanuel, is a cornerstone of the Tribunal’s operations particularly in relation to institutional savings and fund management systems such as the Unit Trust of Tanzania (UTT).
He assured the public that the Tribunal adopts firm and credible measures against fraud, regulatory breaches, and operational inefficiencies to protect investors and sustain market trust.
The Tribunal is chaired by a High Court judge and supported by four members with specialised expertise in finance and law.
Together, they ensure that decisions rendered are grounded in legal principles and reflect a high standard of equity and professionalism.
As Tanzania continues to expand its financial sector, the Tribunal is increasingly viewed as a pillar of investor protection and legal redress ensuring that the country’s capital markets remain transparent, resilient, and fair for all stakeholders.