Saturday, 11 April 2015

Deputy Minister Says Telecoms to List on DSE by the End of 2015

Deputy Minister of Communication, Science and Technology
The deputy minister of Communication, Science and Technology Hon. January Makumba had indicated in the previous week that although the deadlines for telecoms operating in the country to list on the local stock exchange had lapsed they would be listed by the end of the year.

The mandatory listing on the stock exchange is meant to enable Tanzanians to take stake and benefit from this booming industry.Tanzania had passed a law in 2010 requiring all mining and telecom firm to list on the local stock exchange. The telecom industry has 28.88 million subscribers out of a population of 45 million people.

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