Tanzania’s state-owned telco pays govt Sh2.1 billion in dividend

What you need to know:

  • State-owned telco, TTCL Corporation, on Tuesday, May 21 handed to the government a total of Sh2.1 billion as dividend for the 2017/18 financial year.
  • This comes amid efforts by the company’s management to secure some Sh600 billion to boost its capital and improve its services in the coming financial year.