Magufuli orders companies to pay dividends

The directive was issued yesterday by President John Magufuli when receiving a Sh1.5 billion cheque as dividend for the 2017/18 financial year from state-owned telecom- TTCL Corporation.

What you need to know:

The directive was issued yesterday by President John Magufuli when receiving a Sh1.5 billion cheque as dividend for the 2017/18 financial year from state-owned telecom- TTCL Corporation.