TTCL misses 90bn/- revenue target
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TTCL misses 90bn/- revenue target
MEMBERS of Parliament yesterday appealed to the government to invest heavily in the Tanzania Telecommunication Corporation Limited (TTCL) to enable it compete with private sector players that outshine it in the market.
Minister Dr Faustine Ndugulile.
Debating 2021/22 budget estimates for Information and Communication Technology (ICT) ministry in tabled in the National Assembly, the MPs blamed the parastatal’s lackluster performance not on bad management but lack of capital.
This came after minister Dr Faustine Ndugulile told the House that TTCL missed its target of collecting 199,225,826,248/- in the 2020/21 financial year, only managing 101,703,349,616.25/- (51 per cent) meaning a deficit of 97,522,476,632/-.