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TANZANIA: Tigo network expansion stimulates subscriber growth
Published in issue 00774 of 29 Jun 2017

Tigo Tanzania plans to further expand its network, and has made an investment of USD 70 million, of which over TZS 150 billion (USD 65.7 million) in 2017, ITNewsAfrica reported. In 2016 it invested... More

TANZANIA: IPO rules to be relaxed
Published in issue 00774 of 29 Jun 2017

The government is reported to be considering amending the Electronic and Postal Communications Act (Epoca) 2010 to allow investors to take part in Initial Public Offerings (IPOs) for telcos. T... More

TANZANIA: Vodacom listing awaiting final approval
Published in issue 00773 of 22 Jun 2017

Vodacom Tanzania is reported to have again delayed the listing of shares floated through a mandatory public offering due to regulatory delays, BusinessDailyAfrica reported. It has blamed the large ... More

TANZANIA: Vodacom IPO on-track
Published in issue 00772 of 15 Jun 2017

Vodacom Tanzania's initial public offering (IPO) is on track to be the largest in the 19-year history of the Dar es Salaam Stock Exchange (DSE), ITWeb has reported.  Some 40,000 Tanzani... More

TANZANIA: President calls for MNOs to lose licences
Published in issue 00771 of 08 Jun 2017

Mobile network operators (MNOs) which have not listed on the Dar es Salaam Stock Exchange (DSE) now face losing their licences. On 1 July President John Magufuli ordered licence revocation for the ... More

TANZANIA: Halotel holds fourth place at end of 1Q17
Published in issue 00771 of 08 Jun 2017

Viettel officially launched in Tanzania in October 2015 when it won the country's seventh mobile license. Operating under the Halotel brand, the company is now fourth in terms of market share. ... More

TANZANIA: Tritel wind-up returns to court
Published in issue 00770 of 01 Jun 2017

The winding up proceedings for Tri Telecommunication Tanzania Limited (Tritel), the first mobile service provider in Tanzania, has seen the High Court's Commercial Division order Citibank Tanzania ... More

TANZANIA: Vodacom IPO wont be over-subscribed
Published in issue 00769 of 25 May 2017

Vodacom Tanzania's Initial Public Offering (IPO) is unlikely to be over subscribed, and some commentators suggesting that it will still struggle to fully list the stock, even after a three-week ext... More

TANZANIA: Licences confirmed for Terrapay
Published in issue 00767 of 11 May 2017

International money transfer services to mobile wallets via Terrapay have now been approved by the regulator. The Bank of Tanzania’s licence is claimed to be a first of its kind, and allows T... More

TANZANIA: Vodacom extends IPO deadline
Published in issue 00765 of 27 Apr 2017

Vodacom Tanzania received regulatory approval to extend the deadline of its Initial Public Offering to give investors more time to participate in the country’s biggest listing to date, Busine... More

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