The Kariakoo Market Corporation Act
This section gives the Act’s short title: the Kariakoo Market Corporation Act.
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- The Kariakoo Market Corporation Act
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About this statute
This section gives the Act’s short title: the Kariakoo Market Corporation Act. This section defines key terms used in the Act. This provision establishes the Kariakoo Market Corporation and gives it corporate capacity to keep existing, use a common seal, sue and be sued, and buy or otherwise acquire property. The Corporation’s functions include managing and establishing markets, charging market-related fees, trading in goods at markets, and taking actions needed to support its work and public confidence. The Corporation must have a Board of Directors responsible for policy, control, and management, with key members appointed by the President or Minister.
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Provisions of The Kariakoo Market Corporation Act
Showing 27 of 27
- 1 Verify source ↗
Short title
AI-assisted research summary: This section gives the Act’s short title: the Kariakoo Market Corporation Act.
1. This Act may be cited as the Kariakoo Market Corporation Act. Interpretation - 2 Verify source ↗
Interpretation
AI-assisted research summary: This section defines key terms used in the Act.
2. In this Act, unless the context otherwise requires- “Board” means the Board of Directors established under section 5; “Corporation” means the Kariakoo Market Corporation established by section 3; “Minister” means the Minister responsible for regional administration. PART II THE KARIAKOO MARKET CORPORATION Establishment of Corporation
Part
PART II
- 3 Verify source ↗
Establishment of Corporation
AI-assisted research summary: This provision establishes the Kariakoo Market Corporation and gives it corporate capacity to keep existing, use a common seal, sue and be sued, and buy or otherwise acquire property.
3. There is established a corporation to be known as the Kariakoo Market Corporation which shall- (a) have perpetual succession and a common seal; (b) in its corporate name be capable of suing and being sued; and (c) be capable of purchasing and otherwise acquiring, any movable or immovable property. 575 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] Functions of Corporation Management of Corporation - 4 Verify source ↗
Functions of Corporation
AI-assisted research summary: The Corporation’s functions include managing and establishing markets, charging market-related fees, trading in goods at markets, and taking actions needed to support its work and public confidence.
4.–(1) The function of the Corporation shall be- (a) to control and manage markets; (b) subject to the provisions of this Act, establish markets; (c) subject to the provisions of this Act, to levy stallage, rents, fees and tolls in respect of the use by any person of any market the control and management of which is vested in the Corporation; (d) to sell, buy or otherwise deal in goods at any market; (e) to do anything or enter into any transaction which, in the opinion of the Board, is calculated to facilitate the proper and efficient carrying out of its activities and the proper exercise of its functions under this Act; and (f) to do all such acts and things as may be necessary to uphold and support the credit of the Corporation and to obtain and justify public confidence, and to avert or minimise any loss to the Corporation. (2) In exercising its functions of control and management of any market, the Corporation shall have regard to- (a) the political, economic and social aspirations of the people of the United Republic; and (b) the health and general welfare of the members of the public. - 5 Verify source ↗
Management of Corporation
AI-assisted research summary: The Corporation must have a Board of Directors responsible for policy, control, and management, with key members appointed by the President or Minister.
5.–(1) There shall be a Board of Directors of the Corporation, which shall, subject to this Act, be responsible for the policy, control and management of the Corporation. (2) The Board shall consist of- (a) a Chairman, who shall be appointed by the President; (b) such other members, being not less than five but not more than ten, as the Minister may appoint. (3) The Chairman and other members of the Board shall be appointed from amongst persons who have had experience of, and shown capacity in, agricultural, commercial or financial matters, administration or the organisation of workers. (4) There shall be a General Manager of the Corporation who shall be appointed by the President. 576 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] Officers and employees Powers of Minister in relation to Board (5) The members of the Board shall elect one of the members to be the Deputy Chairman. (6) The Minister may make regulations with respect to- (a) the appointment of, the tenure and vacation of office by the members of the Board; (b) the quorum, proceedings, meetings and decisions of the Board; and (c) the execution of instruments and the mode of entering into contracts by or on behalf of the Corporation and the proof of documents purporting to be executed, issued or signed by the Corporation or by a member of the Board, officer, or servant of the Corporation. (7) Subject to any regulations made under subsection (6), the Board shall have power to regulate its own procedure. - 6 Verify source ↗
Officers and employees
AI-assisted research summary: The Board may employ officers and other employees if it considers them necessary, and it may delegate its appointment function to the General Manager.
6.–(1) The Board may employ such officers and other employees of the Corporation as in the opinion of the Board, are necessary for the efficient performance of the functions of the Corporation under this Act. (2) The Board may delegate to the General Manager its function of appointing officers and employees either generally or in relation to any category of officers and employees. - 7 Verify source ↗
Powers of Minister in relation to Board
AI-assisted research summary: The Minister may direct the Board on how to exercise its functions in matters affecting the national interest, and the Board must comply. The Board must also provide the Minister information, returns, accounts, and verification facilities about the Corporation’s property and activities.
7.–(1) The Minister may give to the Board directions of a general character as to the exercise and performance by the Board of its functions in relation to matters appearing to the Minister to affect the national interest and the Board shall give effect to any such direction. (2) The Board shall afford to the Minister facilities for obtaining information with respect to the property and activities of the Corporation and shall furnish the Minister with returns, accounts and other information with respect to them and afford the facilities for the verification of the information furnished, in such manner and at such times as the Minister may require. 577 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] Authorised capital GN. No. 30 of 1978 Act No. 16 of 1985 s. 2 Payment of subscription - 8 Verify source ↗
Authorised capital
AI-assisted research summary: The Corporation’s authorised nominal capital is 25 million shillings, divided into 250 shares with a par value of 100,000 shillings each. The Government of the United Republic and the Dar es Salaam City Council must subscribe to and receive the shares in the stated proportions.
8.–(1) The authorised nominal capital of the Corporation shall be twenty five million shillings divided into two hundred and fifty shares having a par value of one hundred thousand shillings each. (2) The shares of the Corporation shall be subscribed to by the Government of the United Republic and the Dar es Salaam City Council. (3) The shareholders shall subscribe and the Corporation shall allot the shares in the following amounts- (a) the Government of the United Republic ... 49 per centum; and (b) the Dar es Salaam City Council ................ 51 per centum. - 9 Verify source ↗
Payment of subscription
AI-assisted research summary: The Minister and the Minister responsible for finance may agree on the payment method for certain government-allotted shares, and the Minister may decide the method for later shares after consulting the Board and the finance minister.
9.–(1) Payment for the shares allotted to the Government of the United Republic under subsection (2) of section 8, shall be made in such manner as the Minister and the Minister responsible for finance, may agree. (2) Payment for any further share or shares issued by the Corporation and allotted to the government of the United Republic shall be made in such manner as the Minister may, after consultation with the Board and the Minister responsible for finance, decide. PART III CONTROL AND MANAGEMENT OF MARKET Construction
Part
PART III
- 10 Verify source ↗
Construction
AI-assisted research summary: This section defines “specified market” as the Kariakoo Market, and also any other market placed under the Corporation’s control and management by an order under section 12.
10. In this Act, “specified market” means the Kariakoo Market and includes any other market the control and management of which, is vested in the Corporation by an order made under section 12. Kariakoo Market - 11 Verify source ↗
Kariakoo Market
AI-assisted research summary: The Corporation is given control and management of the Kariakoo Market, and the Minister may amend the Schedule by Gazette order.
11.–(1) The control and management of the Kariakoo Market, described in the Schedule to this Act, is vested in the Corporation. (2) The Minister may, by order in the Gazette, amend the description in the Schedule to this Act. 578 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] President may vest control and management Provisions relating to land - 12 Verify source ↗
President may vest control and management
AI-assisted research summary: The President may, by Gazette order, give the Corporation control and management of another market in Dar es Salaam Region or authorise it to establish and manage a market there.
12.–(1) The President may by order in the Gazette- (a) vest in the Corporation the control and management of any other market within Dar es Salaam Region; or (b) authorise the Corporation to establish a market anywhere within Dar es Salaam Region and control and manage the market so established. - 13 Verify source ↗
Provisions relating to land
13. The Corporation shall be granted a right of occupancy over the land over which a specified market exists subject to such terms and conditions, as the President may approve: Provided that, the fact that no right of occupancy over any such land has been granted to the Corporation, shall not preclude the Corporation from exercising any of its rights under this Act in relation to the specified market and no person shall, in any proceedings under any by-laws made under this Act, be entitled to question the validity of such by-laws on the ground that no such right of occupancy has been granted. Control and management of specified market - 14 Verify source ↗
Control and management of specified market
AI-assisted research summary: The Corporation must keep every specified market clean, safe, adequately supplied with fresh water, and efficiently managed; electricity is required where possible.
14. It shall be the duty of the Corporation to ensure that every specified market- (a) is kept clean and does not constitute a hazard to public health, safety or general welfare; (b) has an adequate supply of fresh water and, where possible, of electricity; and (c) is managed in an efficient manner. By laws - 15 Verify source ↗
By laws
AI-assisted research summary: The Corporation may make by-laws for specified markets if the Minister consents, and those by-laws must be published in the Gazette and posted with a Kiswahili translation in the market.
15.–(1) The Corporation may, with the consent of the Minister make by-laws- (a) regulating the use of specified markets and market buildings and keeping order, preventing obstructions and maintaining cleanliness of the market and in the approaches of the market; (b) prescribing the goods which may be sold in any specified market; (c) prohibiting the sale of any specified kind of goods within any area except in a specified market; 579 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] (d) requiring goods brought into specified market for sale to be sold by such weights and measures as may be prescribed; (e) prescribing stallage, rents or tolls and fees for inspection of produce and providing for their collection; (f) appointing the days and the hours during each day on which a specified market shall be open to the public and preventing the sale and purchase of goods in a specified market on any days or at any hours except those prescribed in the by-laws; (g) providing for the examination of produce or articles of food to be sold in a specified market and prohibiting the adulteration of any such produce or article of food; (h) providing for the inspection of any produce or article of food to be sold in a specified market; (i) regulating the duties and conduct of inspectors and other persons appointed for the purposes of the management of specified markets; and (j) generally for the efficient control and management of specified markets. (2) By-laws made under subsection (1) may be made either in relation to any particular specified market or generally, in relation to all specified markets. (3) By-laws made under this section shall be published in the Gazette and a copy of a Kiswahili translation, shall be posted up in a conspicuous place in the specified market to which they relate: Provided that, failure to display a Kiswahili translation shall not constitute a defence in any proceedings for an offence involving the contravention of any provision of such by-laws. (4) There may be annexed to the breach of any by-law made under this section a penalty not exceeding a fine of five thousand shillings or a term of imprisonment not exceeding two years or to both and the by-law may provide for the forfeiture of any goods in relation to which such contravention has been committed. 580 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] Compounding of offences Cap. 20 - 16 Verify source ↗
Compounding of offences
AI-assisted research summary: The Board may appoint a corporation officer as a proper officer, and that officer may compound certain by-law offences by requiring payment within a stated range, if the offender admits the offence in writing and agrees. The officer must give a receipt, and an aggrieved person may appeal to the High Court within 30 days.
16.–(1) The Board may, in writing and under the seal of the Corporation, appoint any officer of the Corporation, in this section referred to as “the proper officer”, to be the proper officer in relation to a specified market. (2) Where a proper officer is satisfied that any person has committed an offence under any by-law made under this Act, the proper officer may compound such offence by requiring such person to make payment of a sum of money: Provided that- (a) such sum of money shall not be less than thirty shillings or more than two hundred shillings; (b) the power conferred by this section shall only be exercised where the person admits in writing that he has committed the offence and that he agrees to the offence being compounded under this section; and (c) the proper officer shall give to the person from whom the proper officer receives such amount of money, a receipt. (3) Where an offence is compounded in accordance with the provisions of subsection (2) and proceedings are brought against the offender for the same offence, it shall be a defence if the offender proves to the satisfaction of the court that the offence with which the offender is charged has been compounded under subsection (2). (4) Where a person is aggrieved by any order made under subsection (2) he may, within thirty days of such order being made, appeal against such order to the High Court and the provisions of Part X of the Criminal Procedure Act shall apply mutatis mutandis to every such appeal as if it were an appeal against a sentence passed by a district court in the exercise of its original jurisdiction. 581 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] PART IV FINANCIAL PROVISIONS Funds of Corporation
Part
PART IV
- 17 Verify source ↗
Funds of Corporation
AI-assisted research summary: The Corporation’s funds and resources consist of specified share capital, loans, borrowed sums, and various fees or other amounts payable to or vested in it.
17. The funds and resources of the Corporation shall consist of- (a) the paid-up share capital; (b) the capital raised by the issue of any further share or shares; (c) such sums as may be provided by Parliament by way of loan for the purposes of the Corporation; (d) any sums borrowed by the Corporation in accordance with the provisions of this Act; and (e) any fees, rent, stallage, charges and other sums which may in any manner become payable to or vested in the Corporation under this Act or under any by-laws made under this Act or in the course of any trading operation or other activity carried on by the Corporation. - 18 Verify source ↗
Power to borrow
AI-assisted research summary: The Board may borrow money for the Corporation with the Minister’s approval.
18.–(1) With the approval of the Minister, the Board may borrow moneys for the purposes of the Corporation by way of loan or overdraft and upon such security, terms and conditions relating to the repayment of the principal and the payment of the interest as, subject to any directions by the Minister, the Board may deem fit. (2) A person lending money to the Corporation shall not be bound to enquire whether the borrowing by the Board has been approved by the Minister. - 19 Verify source ↗
Annual and supplementary budget
AI-assisted research summary: The Board must prepare an annual budget before each financial year and submit it to the Minister for approval. The Minister may approve, refuse, or amend it. The Board can make only approved disbursements unless it has written ministerial sanction or is using the limited transfer/adjustment powers in subsection (8).
19.–(1) In this Act “financial year” means any period not exceeding twelve consecutive months, designated in that behalf by the Board: that, the commencement of this Act, shall commence on the date of the commencement of this Act and may be of a longer or shorter period than twelve months. the first financial year after Provided (2) Not less than two months before the beginning of any financial year, other than the first financial year, the Board 582 Power to borrow Annual and supplementary budget ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] shall, at a meeting specifically convened for that purpose, pass a detailed budget, in this section referred to as “the annual budget”, of the amounts respectively- (a) expected to be received; and (b) expected to be disbursed, by the Corporation during that financial year. (3) Where in any financial year, the Board intends to make any disbursements not provided for or an amount in excess of the amount provided for in the annual budget, the Board shall, at a meeting, pass a supplementary budget detailing such disbursement. (4) The annual budget and every supplementary budget shall be in such form and shall include such details as the Minister may direct. (5) Upon passing any annual budget or any supplementary budget, the Board shall submit the same to the Minister for approval. (6) The Minister shall, upon receipt of the annual budget or any supplementary budget, approve or refuse the same or may approve subject to such amendments as the Minister may deem fit. (7) Where the Minister has approved any annual budget or supplementary budget or has amended any budget, the annual budget, the supplementary budget or the amended budget, shall be binding on the Board which, subject to the provisions of subsection (8), shall confine the disbursements within the items and the amounts contained in the annual budget, supplementary budget or amended budget as approved by the Minister. (8) The Board may- (a) with the sanction in writing of the Minister make a disbursement notwithstanding that such disbursement is not provided for in any budget; (b) from the amount of expenditure provided for in any budget in respect of any item, transfer a sum not exceeding ten thousand shillings, to any other item contained in such budget; and 583 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] (c) adjust expenditure to limits take account of circumstances not reasonably foreseeable at the time the budget was prepared, subject to submitting a supplementary budget to the Minister within two months of such adjustment of expenditure limits becoming necessary. Investment Cap. 57 - 20 Verify source ↗
Investment
AI-assisted research summary: With the Minister’s approval, the Board may invest money from any fund in investments allowed by the Trustee Investments Act.
20. With the approval of the Minister, the Board may invest any part of the moneys available in any fund, in investments authorised by the Trustee Investments Act, for investments of any trust fund. Accounts and audit - 21 Verify source ↗
Accounts and audit
AI-assisted research summary: The Board must keep proper accounting records, prepare a yearly balance sheet, have the accounts audited within six months after the financial year ends, and submit the audited accounts to the Minister within seven months.
21.–(1) The Board shall cause to be provided and kept proper books of account and records with respect to- Cap. 418 (a) the receipt and expenditure of moneys by, and other financial transactions of the Corporation; or (b) the assets and liabilities of the Corporation, and shall cause to be made out for every financial year a balance sheet showing details of the income and expenditure of the Corporation and all its assets and liabilities. (2) Within six months of the close of a financial year, the accounts including the balance sheet of the Corporation in respect of that financial year, shall be audited by the Controller and Auditor-General established under the Public Audit Act. (3) As soon as the accounts of the Corporation have been audited and in any case, not later than seven months after the close of such financial year, the Board shall submit to the Minister a copy of the audited statement of accounts together with a copy of any report made by the auditors. (4) Every such audited statement of accounts including the balance sheet shall be placed before a meeting of the Board and, if adopted by the Board, shall be endorsed with a certificate that it has been so adopted. General Manager’s report - 22 Verify source ↗
General Manager’s report
AI-assisted research summary: The General Manager must prepare a report on the Corporation’s activities at the end of each financial year and submit it to the Minister.
22. The General Manager shall at the end of each financial year, prepare a report on the activities of the Corporation during the financial year and shall submit such report to the Minister. 584 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] Annual statement of accounts and report to be laid before National Assembly - 23 Verify source ↗
Annual statement of accounts and report to be laid before National Assembly
AI-assisted research summary: The Minister must lay specified annual documents before the National Assembly within 12 months after the close of each financial year.
23. The Minister shall, as soon as may be practicable and not later than twelve months after the close of a financial year, lay before the National Assembly the following documents in relation to such financial year- (a) a copy of the audited statement of accounts of the Corporation; (b) a copy of the auditor’s report, if any; and (c) a copy of the General Manager’s report. Fees and allowances - 24 Verify source ↗
Fees and allowances
AI-assisted research summary: The Minister may set the fees and allowances payable to Board members by directions under his hand.
24. The Minister may, by directions under his hand, prescribe the fees and allowances payable to the members of the Board. Proceedings of Board not to be invalid by reason of irregularity - 25 Verify source ↗
Proceedings of Board not to be invalid by reason of irregularity
AI-assisted research summary: Board acts and proceedings are not invalid just because there was a vacancy, an appointment defect, or a member was disqualified or not entitled to act.
25. An act or proceeding of the Board shall not be invalid by reason only of a vacancy in the membership at the time of such act or proceeding or of any defect in the appointment of any member or of the fact that any member was at the time disqualified or not entitled to act as such. Protection of members of Board and officers of Corporation Cap. 16 Cap. 76 - 26 Verify source ↗
Protection of members of Board and officers of Corporation
AI-assisted research summary: Board members and officers are not personally liable for bona fide acts done, or purportedly done, under their Act or regulations.
26.–(1) Nothing done by any member or officer of the Board or the Corporation, if done bona fide, in the execution or purported execution of the functions conferred upon such member or officer by this Act or by regulations made under the Act, shall, render such member or officer personally liable. (2) For the avoidance of doubt it is declared that the provisions of this section shall be without prejudice to the provisions of section 284A of the Penal Code or the provisions of the Public Officers (Recovery of Debts) Act. PART V MISCELLANEOUS PROVISIONS Omitted
Part
PART V
- 27 Verify source ↗
Omitted
AI-assisted research summary: Other written laws about markets do not apply to specified markets under this Act, except for this Act itself.
27. [Omitted.] Disapplication of other laws 28. No written law, other than this Act, which relates to markets or to the sale of goods in markets or to the conduct of persons within markets, shall apply in relation to any market which is a specified market for the purposes of this Act. 585 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG. THE KARIAKOO MARKET CORPORATION ACT [CAP. 132 R.E. 2023] SCHEDULE (Made under section 11(1)) All the area situate in Dar es Salaam comprised of Block 32, Zone III and bounded by Mkunguni Street for a distance of approximately 55 metres, by Swahili Street, for a distance of approximately 80 metres, by Tandamti Street for a distance of approximately 55 metres and by Nyamwezi Street for a distance of approximately 80 metres. 586 ©2025 Government of Tanzania. All rights reserved. No part of this book may be reproduced or distributed without permission of OAG.
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