ENFORCEMENT OF ARBITRAL AWARDS IN TANZANIA: APPLICABLE LAWS AND THEIR PRACTICAL CHALLENGES
Keywords:
Arbitration, Arbitral Awards, Enforcement, Applicable laws, TanzaniaAbstract
Enforcement of arbitral awards forms one of the most crucial aspects of the arbitration framework. It is appreciated that arbitration works perfectly fine with the business circles due to its flexibility and the parties’ freedom to choose arbitrators of their own choice; the applicable law; and other aspects. It is expected that once an award has been made, its enforcement is the natural consequence. Much of the gains made in the arbitral proceedings may be frustrated if the enforcement regime is not well attuned.
This article, therefore, reviews the applicable laws and practical challenges surrounding the enforcement of arbitral awards in Tanzania. The article concludes that the Tanzanian arbitral enforcement regime requires reforms to address current developments so that enforcement of an arbitral award is not made unnecessarily cumbersome.