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BUSINESS

TTCL Acting Chief Executive Officer Peter Ngota (R), presents a certificate of completion of fiber-optic network connectivity to Acting Director General of MSD Cosmas Mwaifani.
Tanzania becomes east, central and southern Africa fiber optic information hub
Tanzania Telecommunication Company Limited (TTCL) plans to make its fiber optic cable to be the information hub in east, central as well as southern Africa.   In an exclusive interview with ‘The Guardian’ at the week end, the TTCL acting Chief Executive Officer,.
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Acacia Mining profit falls 70 pct as costs rise and gold declines
Acacia Mining Plc, a producer of gold in Tanzania, said second-quarter profit dropped 70 percent after mining costs rose and bullion prices slid.   Net income fell to $5.6m from $18.4m a year earlier, the London-based producer said in a statement yestefday. The company’s.
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