Tanzania Daily News

Tanzanian incumbent TTCL has won a 6.7 million US dollars contract to supply 1.244 gigabytes of internet bandwidth to Rwanda for 10 years.

TTCL Chief Executive Officer (CEO), Mr Said Amir Said, told the 'Daily News' shortly before signing the contract in Kigali that striking of the deal was testimony of the firm's growing international reputation.

"After all the problems that TTCL has had over the years, winning this contract shows that the management has turned around its image as well as proof that it has the capacity to compete in big tenders," he said.

Business Registration and Licensing Agency (BRELA) has reiterated its commitment to improve business environment by introducing online registration that will further reduce the time needed for company and business name registrations.

This was said on Wednesday in Dar es Salaam by the BRELA's Intellectual Property (IP) registration officer Jubilate Muro as part of the commemoration of the 50 years of the independence anniversary held at the Mwalimu Nyerere Trade Fair Pavilion.

Exim Bank Tanzania has now moved on to a new state-of-the-art Information Technology (IT) platform for its Core Banking applications.

Speaking in Dar es Salaam on Tuesday, the Bank's Group-Head, Operations, Mr Eugen Massawe, said:"It has been a landmark achievement having migrated to the new state-of-the-art solution, with much ease, since October 17.

Indian businessmen and women have been asked to seize the abundant opportunities in Tanzania by investing in key areas such as Information and Communication Technology (ICT) development.

The challenge was thrown here by the Minister for Communications, Science and Technology, Prof Makame Mbarawa, during the plenary session of the India-Africa Business Partnership summit which opened here on Thursday.

He said the government wants investors particularly in developing local multi-media content software that would address issues that are relevant to the national development.

The intensified price wars among mobile phone operators has adversely revenue collection in February, as collection of Value Added Tax (VAT) was short of target. The price wars resulted into lower than expected VAT collection in February, with only 93.6 per cent or 409.3bn/- of the target collected, according to Bank of Tanzania (BoT) Monthly Economic Review of March.

Citibank Tanzania is looking into possibility of hooking mobile-phone banking into its system to ease financial transactions to bank-less society, most in remotest areas. At the moment, the bank said, a number of NGOs in the country cannot extend their services to the rural area effectively because there are no banking facilities amid high risks.

And, whenever rural financial infrastructure is available, the accessibilty is limited to most residents; thus increase the risk of providing services as institutions -- mostly NGOs --have to deal with hard cash.

Tanzanian ISP Raha has resolved to extend its network connectivity services to cover medium and small scale enterprises, in a bid to expand its customer base. Raha's CEO, Aashiq Shariff said at a press conference in Dar es Salaam on Monday when announcing plans to re-brand that there is a swift growth and adaptation of the Information Communication Technology (ICT) into the economic activities.

The strong growth of mobile payment services in the country has led to the signing of the Memorandum of Understanding (MoU) on the services' joint supervision by the Bank of Tanzania (BoT) and Tanzania Communication Regulatory Authority (TCRA).

Inventory management through electronic inventory tracking systems could be the most effective and relatively less costly option and one of the key strategies to be adopted by both public and private institutions in the efforts to reduce loss as well as unnecessary expenditures.

There is a growing interest for the public institutions in the country to adopt tracking technology in order to control the management of its inventories but also cutting down expenditures particularly in fuel consumptions in public vehicles.

Inter-Connectivity of computerized customs systems has been cited as major challenge to most African countries in a bid to provide efficient and effective clearance services, it was revealed on Monday.

"Much has been done in the area of computerization, but a new challenge rests that of interconnectivity," said Jean Francois, the Head of Customs Cooperation Division of the African Union Commission (AUC) in the first African Union Customs Technical workshop held in Dar es Salaam.