GRC Software for Tanzanian Organisations

GRC software is a platform that integrates governance, risk management, and compliance activities into a single system. Tanzanian organisations face a rapidly maturing regulatory environment with BOT corporate governance regulations, the new PDPA 2022, CMSA governance guidelines, and BOT prudential requirements, each with distinct obligations and reporting expectations. Managing these overlapping requirements with spreadsheets creates regulatory risk, as gaps and inconsistencies remain invisible until a regulator identifies them during examinations or assessments.

The Banking and Financial Institutions (Corporate Governance) Regulations 2021 were issued by the Bank of Tanzania on 29 October 2021. They set detailed governance standards for banks and financial institutions including board composition requirements (minimum 5 members, 2 Tanzanian citizens, two-thirds non-executive), risk management oversight, audit committee independence, internal control frameworks, and senior management accountability. Non-compliance can result in regulatory sanctions including restrictions on banking activities.

Yes. The Personal Data Protection Act 2022 (PDPA) was signed on 27 November 2022 and came into force on 1 May 2023. It established the Personal Data Protection Commission (PDPC) as the supervisory authority. Key requirements include mandatory registration of all data collectors and processors (valid for 5 years), documented records of processing activities, lawful basis for processing, data subject rights, cross-border transfer controls, and breach notification. Tanzania is the 35th African country to enact standalone data protection legislation.

Yes. Dimeri generates board-ready governance and risk reports aligned to BOT regulatory expectations, CMSA governance guidelines, and DSE disclosure requirements. Reports present the current risk profile, compliance status across all applicable frameworks, ESG metrics for DSE-listed companies, and remediation progress, generated from live data rather than through weeks of manual compilation.