LOOPHOLES in regulations and laxity at Treasury and Bank of Tanzania have enabled mobile money operators ignore to submit unclaimed cash in customers’ mobile wallets every five years.
Speaker seeks House word on loss at ATCL
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Speaker seeks House word on loss at ATCL
NATIONAL Assembly Speaker Job Ndugai yesterday asked MPs to advise the government on what to do with the revived but loss-making Air Tanzania Co. Ltd (ATCL).
NATIONAL Assembly Speaker Job Ndugai.
This imterrogation comes after the latest report of the Controller and Auditor General (CAG) indicated that the state-owned national carrier suffered a loss of 60bn/- in one year 2019/20 and has been operating at a loss for the past five years.
Inviting lawmakers to debate the tabled Five Year Development Plan, he urged MPs to ensure that while debating, they advise the government on whether to continue purchasing more aircraft or suspend the measure as to recover the losses incurred.