MTRS
Kenyan Government Seeks to Control Safaricom Call Charges
The Kenyan government wants to control the rates that Safaricom charges rivals for terminating calls on its network to protect small telecommunications firms. The new regulations set by the state seek to bar dominant telcos from making profits from mobile termination rates (MTRs). In this regard, Safaricom will now charge fees to cover only the costs of interconnecting calls from its competitors. MTRs, according to Business Daily, are the charges levied by a mobile service provider on other telecommunications service providers for terminating calls on its network. The Kenya Information and Communication (Interconnection) Regulations 2022 set the stage for the Communications Authority of Kenya (CA) to control Safaricom’s rates of interconnecting calls. However, this will only happen if Safa...
Ogun governor presents N339 billion 2021 budget proposal
Gov. Dapo Abiodun of Ogun, on Wednesday, presented a budget proposal of N339 billion for the 2021 fiscal year to the state House of Assembly, with N177 billion earmarked for capital expenditure. Newsmen report that the budget, christened “Budget of Recovery and Sustainability,” also has N162 billion proposed for recurrent expenditure. The governor said that an estimated N119 billion was projected as internally-generated revenue for the state, with statutory allocation expected to be N59 billion. He stated that capital receipt, which included internal and external loans as well as grants and aids, stood at N142 billion. The governor stated that personnel cost remained the largest single item of expenditure, adding as at Oct. 31, it accounted for 35.5 percent of the total government spending...
