Dar es Salaam. The mandatory requirement for telecommunications firms to list on the stock exchange has become a subject of intense debate among industry stakeholders. To date, only one operator has adhered to the legal mandate, raising questions about its feasibility and implementation.
The Electronic and Postal Communications Act (EPOCA) of 2010 mandates non-state-owned telecom operators to offload at least 25 percent of their shares to the public via the Dar es Salaam Stock Exchange (DSE). However, years later, other major players in the sector remain unlisted, raising concerns about the law’s enforceability and relevance.
