Showing posts with label TTCL. Show all posts
Showing posts with label TTCL. Show all posts

Wednesday, July 15, 2009

HILTON COMES TO TANZANIA

Govt to take over Zain shares

The government will this Friday meet with its shareholders in Zain for final talks on transfer modalities of the firm’s 35 per cent shares to the Tanzania Telecommunication Company Ltd (TTCL).

If both shareholders agree on the modalities, the Govt would then ‘re-take over’ TTCL by 100 per cent, but would float part of the 35 per cent shares from Zain in the Dar es Salaam Stock Exchange (DSE) and sell the rest to TTCL workers.



Hilton signs 2 Franchise License Agreements in Tanzania

Hilton Hotels Corporation today announced the introduction of the Doubletree by Hilton brand in Tanzania, with the signing of two Franchise License Agreements in Tanzania with the owners of the Opulent Hotel Group.
The two hotels are Doubletree by Hilton Dar es Salaam that is in Masaki and Doubletree by Hilton Resort Zanzibar in Nungwi. The hotels scheduled to be opened by October this year would raise Tanzania's hotel accommodation by 259 international quality rooms.


Doubletree by Hilton Dar es Salaam

The new-build Doubletree by Hilton Dar Es Salaam, Oyster Bay is located on the sea at Masaki, a popular suburb of Tanzania’s capital Dar Es Salaam, and 20 kilometres east of the international airport. The hotel will feature 158 rooms, an all-day restaurant, a cafĂ©, outdoor swimming pool with pool bars, meeting rooms and business centre. The popular Slipway shopping and dining district is nearby.


Doubletree by Hilton Resort Zanzibar

The Doubletree by Hilton Resort Zanzibar, Nungwi on the north coast of Zanzibar Island, features 101 rooms, a large outdoor swimming pool, gym, spa and health club facilities, all of which have been extensively and beautifully refurbished. Nungwi is a well-established resort destination, also renowned for its fishing village and dhow-making centre. The hotel is approximately 45 minutes drive to Stone Town, the heart and soul of Zanzibar, and an hour’s drive from the airport. With an exceptionally beautiful beach front location, the Doubletree by Hilton Resort Zanzibar, Nungwi offers the perfect spot to watch the sunrise and sunset

Hilton Hotels Corporation is a leading global hospitality company, with more than 3,300 hotels and 550,000 rooms in 77 countries and more than 130,000 team members worldwide. The company owns, manages or franchises some of the best known and highly regarded hotel brands including Hilton, Conrad Hotels & Resorts, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Hilton Grand Vacations, Homewood Suites by Hilton, the Waldorf Astoria and the Waldorf Astoria Collection, as well as the recently launched Home2 Suites by Hilton. The company also manages the world-class guest reward program Hilton Honors.


The company currently operates 42 hotels in the Middle East & Africa – 16 hotels in Egypt, nine hotels in the UAE, six in Saudi Arabia and one each in Oman and Kuwait, plus another nine hotels in Africa and the Indian Ocean.

Opulent Hotel Group, a subsidiary of Splendid Hotel Group, was formed in 2007 to create and realise value through the acquisition, development and management of high-quality, internationally branded urban and resort hotel assets within Africa.

Splendid Hotel Group is one of the UK’s largest multi-brand franchise hotel developers, with long and established working relationships across leading hotel groups. The Splendid Hotel Group own and operate approximately 18 hotels, primarily in London, and has a development pipeline of a further 1,000 rooms over the next three years.


In addition to the two announced projects with the Doubletree by Hilton family, the Opulent Hotel Group has a development pipeline of a further 500 rooms in Africa over the next three years, including further projects in Tanzania, Kenya & Zanzibar.


The company’s two directors are Mr Bashir Nathoo and Mr Ayazali Jivraj.

Monday, July 13, 2009

Privatization Gone Bad


TTCL

TANZANIANS have been appointed to run the troubled Tanzania Telecommunication Company (TTCL) taking over from the Canadian management firm, Saskatel.

The New Management Team at TTCL

1. Said Said - Chief Executive Officer-CEO (He was the head of Business - Southern Highland : Iringa and Mbeya regions)
2. Priscilla Chilipweli - Chief Technical Officer-CTO (She was the Head of Network Planning)
3. Shaban Mrisho - Chief Financial Officer-CFO (He was the Finance & Supplies)
4. Ernest Nangi - Chief Marketing Officer-CMO (He was the Head of Business Unit- Dar es Salaam)

Sasktel:

Canadian firm SaskTel International appointed in 2007 to run the Tanzania Telecommunication Company Ltd in a three-year, $5 million Contract Development Network has backed out of the deal having gone bankrupt citing inability to raise the necessary the funds needed to turn the firm around.

MSI (Netherlands) and Detecon (Germany):

Earlier in 2001, a consortium of MSI (Netherlands) and Detecon (Germany) acquired 35 per cent stake in the firm from the government, taking over both the board and management, but later pulled out, which left controversially, leaving behind a 60 million US dollars liability due to the government for acquisition of shares in TTCL


TICTS:

Decision on Tanzania International Container Terminal Services (TICTS) would be decided today in Dodoma after a meeting between four government ministers and the management of the company according to one of the leading Daily newspapers(Daily News)


Privatisation Gone Bad:

Tanzania Railways Company- not doing so well under Rites of India

Air Tanzania Company Ltd- much was expected when South African Airways (SAA) too over but it didnt last long...i hear they are awaiting the arrival of the Chinese investor..... its amazing that they are now flying one plane which is feeding more than 360 employees!

Tanzania Port Authority –its been pending


TANAPA

The Tanzania National Parks Authority (TANAPA) Director- General, Mr Gerald Bigurube, has resigned.

Mr Edward Kishe has taken over as the acting director-general.