Tanzania Telecoms Finally Wiggle Out of Law On Listing On DSE

The Tanzanian government has been forced to amend a law that required telecommunications companies to list on the Dar es Salaam Stock Exchange, following strong opposition from the companies.

For nearly two years, the government has been locked in a tug-of-war with mobile phone firms over adherence to the Electronic and Postal Communications Act (Epoca), which requires them to float at least 20 per cent of their shares on the DSE for citizens to buy.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.