Arusha. The Court of Appeal has overturned a High Court Commercial Division decision ordering Exim Bank (Tanzania) Limited to pay more than $11 million to M & Five B Hotel and Tours Limited, ruling that the dispute had already been conclusively determined in an earlier case.
The judgment was delivered in Dar es Salaam on May 12, 2026, by a panel of Justices Dr Gerald Ndika, Zainab Muruke, and Agness Mgeyekwa, before a copy was later uploaded to the court’s website.
