STOCK market investors living abroad will soon be able to participate in legal proceedings without setting foot in a courtroom, thanks to the Capital Markets Tribunal’s (CMT) upcoming visual hearing system.

The digital platform, which is already 90 percent complete and set to be fully operational by December this year, will allow diaspora investors to attend hearings remotely that will significantly reduce travel costs and delays while ensuring that investors remain fully engaged in dispute resolution processes from anywhere in the world.

Speaking to reporters yesterday at the second year since the tribunal was established, CMT Registrar Martin Kolikoli said the system marks a major step forward in modernizing Tanzania’s judicial process for capital market-related issues, ultimately boosting investor confidence and appetite in the stock market.

“The visual hearing system will enable access to justice regardless of location, which is especially beneficial for investors in the diaspora who previously faced challenges attending hearings physically,” he said.

The platform is being developed by local ICT professionals under the supervision of the e-Government Agency (eGA), it is designed to simplify case management, improve communication, and increase efficiency within the capital markets judicial framework. Once integrated with the High Court system, it will support real-time virtual hearings and enable more streamlined case handling.

Kolikoli also shared the progress made since the CMT’s establishment two years ago, including successes, challenges, and plans for the future. He emphasized that the Tribunal has contributed to improving the investment climate by offering a dedicated mechanism for resolving disputes in the capital markets.

So far, the Tribunal has resolved several key cases and has engaged in active collaboration with regional counterparts in Kenya and Zambia to enhance operational capacity through knowledge sharing and joint initiatives.

The launch of the Visual Hearing System is part of a broader government effort to leverage digital tools to improve public service delivery. “For the CMT, it represents a shift toward a more inclusive and investor-friendly judicial environment, where technology helps break down barriers to justice,” he added.

With this development, the CMT is not only enhancing local access to justice but also positioning Tanzania as a regional leader in digital justice delivery.

By making hearings more accessible to investors across the globe—particularly those in the Tanzanian diaspora—the Tribunal is reinforcing its commitment to innovation, efficiency, and transparency in the capital markets.

The Tribunal has already provided a platform for resolving numerous cases and has conducted educational seminars that directly benefited over 850 stakeholders. Additionally, more than 500,000 individuals have been reached through social media awareness campaigns.

As preparations for the system’s rollout continue, the CMT remains confident that the platform will make a significant contribution to a more robust and accessible legal framework for all stakeholders in Tanzania’s capital markets ecosystem.