Tanzania

MSI Cellular has taken management control of the Tanzania Telecommunications Company after a first payment of $60 million for a stake in the company. The deal may leave four other operators, including Vodacom, out in the cold. [15 March 2001]

The Executive Board of the International Monetary Fund (IMF) today completed the second review of Tanzania's performance under the Poverty Reduction and Growth Facility (PRGF)[1] arrangement. The decision will enable Tanzania to draw SDR 20 million (about US$26 million) immediately.

Pages