Silva Institute of Business and Management (SIBM) was the registered on 4th April 2013 under the Business Names (Registration) Act (Cap 213). CIBM is owned by BluWat Tanzania Limited (BW), a limited liability company incorporated in Tanzania under the Companies Act, 2002 vide Certificate of Incorporation number 86598 issued on 20th October 2011. BluWat Tanzania Limited has the Consultancy licence; it consults mainly in Management and Business Services.