Numerous taxes ail telecoms industry

>Poor infrastructure and numerous taxes are threatening businesses in Africa, chief executives of companies have said.

The Tanzania Communications Regulatory Authority (TCRA) has remitted 1.7bn/- to the Treasury collected from calls in October last year.
This follows completion of installation of the Telecommunication Traffic Monitoring System (TTMS).
The amount is from revenue that TCRA collected in one month from firms dealing in telecommunications outside Tanzania whose subscribers made calls to telephone subscribers in Tanzania.
According to TTMS regulations, the government is entitled to at least...

Times pass but the current state of the industry cannot be compared to what it was 10 years ago since there is bigger gap between developed and developing countries.

The hospitality industry is one of the core sectors which has a major impact on the GDP growth of a country, it always produces positive trading activities and growth of the other sectors. In 2014, the tourism sector worldwide generated more than USD 7.6 trillion which is more than 10% of the total GDP, it also contributed more...

Chances that Swissport will get a serious competitor soon are fading as the company that was licensed to do the same ground handling services at Julius Nyerere International Airport (JNIA) seems to face financial constraints.

Tanga Cement Company incurred a loss of Sh6.9 billion in the first six months of this year.

The government is still grappling with the crop marketing problems.The situation is happening although the government embarked on a number of crop marketing reforms.

The world is presently witnessing brutality & annihilation of one of the most charismatic mammals on earth, the African Elephant at a shocking rate in human history. Poaching, habitat loss and other cruelty are alarming. Tanzania being a treasure of elephants in Africa has recently revealed its catastrophe. 
The recent elephant census conducted in the main elephant ecosystems for seven months consecutively from May to November 2014, indicates   a significant decline of current elephant...

Stanbic Bank Tanzania Ltd is a member of the Standard Bank Group. 

Standard Bank Group has been chosen as the Best Bank in Africa by Global Finance magazine. In addition, Standard Bank Group received the country awards for Angola, South Africa and Uganda in Global Finance’s World’s Best Emerging Markets Bank Awards 2014. These awards select top banking performers in emerging markets, and banks are judged on numerous factors including growth in assets, profitability, strategic...

Telecommunications infrastructure firm Helios Towers, has launched a new service that seeks to ensure a good and reliable telecoms networking in the country.