Elon Musk’s Starlink stated their goal to offer the services between January and March, ‘subject to regulatory permission’
According to The Citizen Tanzania, the service, which is owned by the SpaceX Company, has been providing internet connectivity using thousands of satellites in space that communicate with designated transmitters on the ground.
Those who spoke to The Citizen say that the new service will only stimulate the digital sector if it is sold at a cheap price and provides high-speed internet.
On their official website, Starlink announced their plan to bring the services between January and March subject to regulatory approval. It remains to be announced what regulatory approval the Tanzania Government will impose.
However, the Director General of the Tanzania Communications Authority (TCRA), Jabiri Bakari confirmed to The Citizen that the Starlink Company sent an application.
When asked if he was aware of the arrival of Starlink Corporation, Dr Bakari replied: “Yes, I am aware that the company applied through the website.
The only African countries that have so far allowed Starlink to operate are Nigeria and Mozambique.
This was done after obtaining regulatory approvals from both nations.
Whether Starlink will have a big impact or not will depend on how the business expects to provide services quickly and cheaply, according to economist Abel Kinyondo from the University of Dar es Salaam.
“Internet service is not a luxury but a basic need. Its high speed and affordability can mean high speed and quick access to information,” he said.
On their official website, Starlink announced their plan to bring the services by between January and March depending on regulatory approval.
Tanzania Communication Regulatory Authority (TCRA) director general Jabiri Bakari confirmed to The Citizen that the Starlink Company had made an application.
When asked if he was aware of the Starlink Corporation’s impending arrival, Dr Bakari replied: “Yes, I am aware that the company had made an application through a portal.
The only African nations that have so far let Starlink to operate are Nigeria and Mozambique. This was done after obtaining regulatory permits from both nations.
Whether or not the Starlink will have a significant impact will depend on how quickly and affordably the business expects to deliver its service, according to economist Abel Kinyondo from the University of Dar es Salaam.
“Internet service is no longer a luxury, but something which it is a basic need. Its high speed and affordability could mean high speed and fast access to information,” he recounted.
Again, it will help traders do their online businesses and also get training meant to make them do it better.
“This service will set a stage for the growth of the digital economy in the country,” he exuded his optimism. His sentiments were echoed by an innovator and technology enthusiast Mr Jumanne Mtambalike on the grounds that the Starlink internet service will stimulate the digital economy.
Mr Mtambalike, who doubles as the Sahara Ventures CEO, said the service will shape various sectors ranging from agriculture, education to health. “I am optimistic the Starlink internet service will create an enabling environment for e-learning, e-health and research,” expounded Mr Mtambalike.
“Starlink’s internet service will spur innovation and so is competition among the private companies.
“The service will offer significant impact, especially in remote areas where the infrastructure is too poor to accommodate fiber cables.” Those people, he explained, will get the fastest internet because the speed is almost 150mbps, and that is much cheaper compared to other satellite services.
“So what Elon Musk is trying to do is to make it affordable and this commendable indeed,” appreciated Mr Mtambalike.
With the service, both users will share the same infrastructure in space with $99 installation kits which are available to deposit through its website.
On the other hand, Mr Mtambalike said depending on the license they will be given by TCRA, it will set a ground for stiff competition with local services providers.
For users to access Starlink internet service, they need to mount a dish on a clear sky and have the Wi-Fi router, cables and base.
Internet access in many African countries is very slow to the point that even people who can afford it still face some limitations when using it.
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“We are confident in the growth and performance trend that Britam has achieved, supported by its subsidiaries in Kenya and the region. Our business is expanding its revenue base while effectively managing costs,” Britam Chief Executive Officer Tom Gitogo said.
“Our customer-centric approach is fueling growth in our customer base and product uptake, particularly through micro-insurance, partnerships, and digital channels.”
The investment income growth was fueled by interest and dividend income rising 34 percent to Sh9.1 billion, which the insurer attributed to growth in revenue and the gains from the realignment of the group’s investment portfolio.
Britam also booked a Sh3.79 billion gain on financial assets at a fair value, compared with a Sh1.8 billion loss posted in a similar period last year.
The increased investment income helped offset the 12.7 percent decline in net insurance service result to Sh2.13 billion in the wake of claims paid out rising at a faster pace than that of premiums received.
Britam said insurance revenue, which is money from written premiums, increased to Sh17.8 billion from Sh16.6 billion, primarily driven by growth in the Kenya insurance business and regional general insurance businesses, which contributed 30 percent of the revenue.
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Britam’s insurance service expense hit Sh13.6 billion from Sh11.3 billion, while net insurance finance expenses rose 2.6 times to Sh12.3 billion during the same period.
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