Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

While this guys from the south keep focusing on non essentials like our slums which are reducing forgetting even India a very strong economy has very bad slums or their ever unending projects our economy will slowly grow bigger and bigger bythetime they come to fully open their eyes to reality we will be one major economy to recon with.
I think it is the other way round when you open your eyes to reality from the self imposed propaganda deep slumber.

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Kama sio sanctions hawa walikua level ya SA kwa wale walibahatika kufika Zim wanaelewa...
Ni kweli but hiyo haibadilishi ukweli kwamba Harare is a tiny City, kama ambavyo unaweza kuona kwa macho yako mawili
 
Hawa ndio tunaweza kushindana nao as far as concrete jungle is concerned na co nyie CBD ina ghorofa mbili kila siku hzo hzo mnapost View attachment 2214194
Nawahurumia for you to be happy you have to bring fake pictures from old centuries, no big deal as long us it makes you happy.... We let the bones keep exiting the dogs while we make boss moves in silence all you will be seeing is commissioning after commissioning
 
World bank ndio wanatambua Tz kama middle income tafuta wembe ukameze
😂😂😂👇👇👇


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WB walikuwa wanazungumzia tu kuhusu extreme poverty. Yaani inawezekana Kenya iwe na uchumi strong sana kushinda Zimbabwe na pia iwe na extreme poverty kubwa kushinda Zimbabwe. Kwa mfano Zimbabwe pengine watu huko hata masikini wa kutupwa wana uhakika wa kula, kwa hivyo umasikini wao sio mbaya vile. South Africa is a better example, SA ndio the most developed country in Africa na pia ndio country yenye the most unequal wealth distribution in the world. Pale SA utakuta dollar billionares na millionaires wengi ajabu na pia mamilioni ya watu masikini wa kutupwa ndani ya nchi moja. Watu ambao nawaita dollar zeronnaires yaani watu ambao wana zero dollars mfukoni.

Just because kuna masikini wengi SA haimaanishi kwamba uchumi wa SA ni weak. Extreme poverty ni kitu kipo hata marekani japo kwa kiwango kidogo sana. WB walikuwa wanazungumzia kuhusu extreme poverty ambapo inaonekana huko Zimbabwe sio tatizo kubwa, hio haimaanishi kwamba Zimbabwe wana gdp per capita kubwa kushinda Kenya.
So you concur that GDP is not a good measure of wealth sio? You can have a bigger GDP amid poverty everywhere likewise you can have a smaller GDP but wealthier. It all boils down to microeconomics of that particular country.

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Rostam, Axian Group to invest Sh1 trillion to expand Tigo and Zantel​

FRIDAY MAY 06 2022​



Rostam pic

Tigo owner Rostam Aziz (right) addresses journalists on plans he and his co-owners have regarding expanding the telco in rural areas as well as generally improving its efficiency, whereby together they plan to invest about Sh1 trillion. Left is founder and chairman of the board of Axian Telecom Hassanein Hiridjee. PHOTO | MICHAEL MATEMANGA

Summary

  • Recently, a consortium led by Axian Telecom and prominent businessman Rostam Aziz acquired MIC Tanzania PLC


The citizen pic

By The Citizen Reporter
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Dar es Salaam. The new owners of the local telecommunication companies Tigo and Zantel yesterday outlined their future plans, revealing how they would invest over Sh1 trillion to go rural.

Recently, a consortium led by Axian Telecom and prominent Tanzania businessman Rostam Aziz acquired MIC Tanzania PLC which owns Tigo and Zantel.

Mr Aziz and Axian Group’s chief executive officer Hassanein Hiridjee, who addressed reporters yesterday, said they would push to strengthen network coverage, especially in the rural areas where there is potential.

“We will make sure Tigo and Zantel increase coverage to rural areas,” said Mr Aziz, who is also the chairman of MIC Tanzania, said.

“Following decades of experience in this sector, I’m committed to providing valuable strategic guidance and stewardship to Tigo in order to extend access to affordable mobile services and drive digital inclusion across rural Tanzania through significant investment in our telecom infrastructure. We will invest more than Sh1 trillion to meet our targets,” he said.

Mr Aziz was happy as a Tanzanian to partner with foreign investors in owning a big telecommunications firm.

“We normally see big companies owned by foreign investors but this time a Tanzanian is doing it in partnership with foreigners. I would encourage my fellow Tanzanians to change mindset and come out for partnerships.”

“Our economy cannot grow without foreign investors who have capital and technology but the best approach for the locals to benefit is through such kind of partnership. Let’s change our mindset that owners of big companies should always be foreigners. We can partner with them and the government should support us,” said Mr Aziz.

Speaking during the same event, the Axian Telecom’s founder and chairman Hiridjee said he was happy to have a local partner in the ownership of MIC Tanzania.

“Our investment into the merged entity will help us fulfill our ambition to be an end-to-end partner in Africa’s digital transformation journey and further accelerate financial inclusion, capitalising on the success of the company’s mobile financial services to develop bespoke services that meet our customer’s needs,” he said.

Plans are underway for the merged entity teams to move into the PSSSF Commercial Complex located along Sam Nujoma Road in Dar es Salaam.

Listing requirement
When asked about the possibility of offloading some shares of Tigo to the public as required by the Electronic and Postal Communications Act, Mr Aziz said they can do it to obey the law but he personally had different views on the matter.

He said offloading shares and subsequent listing on the stock market should be voluntary for shareholders, depending on the market forces.
“In my views, offloading shares should be a decision of the owners instead of making it mandatory by law. Look at Vodacom which already listed its shares and they are not doing well. I hope the policy makers will review the law and let the business principles to rule,” said Mr Aziz.

Tanzania is home to 54 million mobile subscribers by December 2021, according to the Tanzania Communications Regulatory Authority (TCRA).

Tigo accounts for 24.7 percent market share, making the third after Vodacom (29.4 percent) and Airtel (27.2).

As for a firm going by the name Halotel – the newest entrant to the Tanzanian telecom market – it holds 13.3 percent followed by the state-run TTCL (3.4 percent) and Zantel (2 percent).


MY TAKE
Rostam alone to invest twice what the richest Kunyan Chris Kirubi had!
Na wakiambiwa huyu jamaa ni usd billionaire wanapiga kelele
 
I think it is the other way round when you open your eyes to reality from the self imposed propaganda deep slumber.

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No we aren't the once who are dilusional believing that world bank cooks data against us. Instead of working hard the politicians lie to the public that they bigger than other countries to gain favor with the general public but in reality all they have is just three shiney projects with no true economic value that can generate real income or add real value to the general public or real economic change.... The only thing that will bring some slight change is the dam others are just big for nothing projects Ni urembo tu
 
We have more than 5 roads of that magnitude and several others that are almost as big
Unajua kama barabara kubwa zote za DSM ni six Lanes (two dedicated lanes for BRT).? Hapo kwenu barabara kubwa Pana ni moja tu thika high way, ambapo na Dar nayo ni Kimara kibaha.. Thika high way usiwatie ujeuri wa kutaka kujilingasha na barabara za DSM zenye ziko na BRT lanes mzee
 
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