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The total value of global mobile money transactions reached $1.045 billion in 2021, according to the GSMA. Authorities in African countries are introducing taxes to take more advantage of this growing sector. The Tanzanian government has reduced the tax on mobile money transactions by 43%. The measure was announced last week by Mwigulu Nchemba, Minister of Finance...

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Tanzania wants to give more capacity to telecom operators as demand for broadband connectivity accelerates in the country. The government, which aims to connect 80% of the population by 2025, recently authorized investment in ultra-high speed. Tanzania will benefit from China’s support in promoting the distribution of information and communication technologies. The two parties signed, on Wednesday,...

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The pan-African group Smile Telecoms was under the threat of liquidation in March 2021, when it was crumbling under debt. The company finally found common ground with its creditors, who granted it a 12-month reprieve. The pan-African telecom group Smile Telecoms Holdings, present in Nigeria, Uganda, Tanzania and the Democratic Republic of Congo, will benefit from...

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According to data provided by AFR-IX telecom, Tanzania’s telecommunications industry contributed $ 859 million, which accounted for a 1.9 % increase in the country’s Gross Domestic Product (GDP) in 2018, which also translates to a 28% increase over what was generated in 2014. The expansion of internet and broadcasting services is primarily responsible for its recent economic...

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Mwasi Wilmore joins Ubongo, a social enterprise in Tanzania focused on creating edutainment and educational children’s television series in Africa, as the new CEO. Wilmore has worked with Fortune 100 companies like Citibank, Wachovia, and Bank of America both in the US and on global projects. She then moved back to Tanzania, where she co-founded...

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Pan-African telecoms service provider Axian Telecom has outlined four key priorities for its newly acquired Tanzanian business. Last week a consortium led by Axian Telecom and local businessman Rostam Azizi closed the acquisition of Millicom International Cellular’s operations in Tanzania (Tigo) and Zanzibar (Zantel). The consortium says its growth plan includes significant investment in Tanzania...