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Zain to give up Tanzania telco share

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by MaxShimba, Jul 21, 2009.

  1. MaxShimba

    MaxShimba JF-Expert Member

    Jul 21, 2009
    Joined: Apr 11, 2008
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    Zain to give up Tanzania telco share

    Kuwait: 11 hours, 33 minutes ago
    Tanzanian minister of technology has said that Zain Tanzania, part of Kuwait's Zain, plans to give up its 35% stake in state-run Tanzania Telecommunication Co, Reuters has reported. 'In principle, they have agreed to end the partnership and Celtel exits. Celtel's 35% shareholding will revert to the government. We will continue talks on how to offload those shares,' he said.

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