College Business in Tanzania: Information, Communication & Technology College

SUMMARY: An ICT college is a college that offers courses leading to the attainment of certificates and diplomas in Information, Communication & Technology (ICT). Tanzania is experiencing rapid adoption of Information and Communication Technology, driving a growing demand for ICT colleges.

Many ICT colleges in Tanzania train their students in a wide range of skills, encompassing website and mobile app development, graphic design, video editing, software creation and modification, computer and mobile phone repair, system integration, computer security systems, digital marketing, and Search Engine Optimization. Moreover, these institutions provide fundamental education in data science and database management.

A: Market opportunity

.

1. Ideal range of courses & other services

.

2. Ideal fees

.

3. Ideal college setup

.

4. Potential market target

.

5. The size of the market

.

6. Competition

.

B: Ease of doing this business

1. Registration steps and requirements including time and costs

.

2. Permits requirements for foreigners

.

3. Any potential of political interference

.

4. Relevant government policies

.

5. Taxation of education colleges business in Tanzania

.

6. Corruption and bureaucracy

.

7. Potential risks facing college business in Tanzania

.

8. Transfer pricing rules

.

9. Other regulatory issues

.

C: Operational requirements

.

1. ICT college infrastructure and personnel in Tanzania

.

2. How Tanzanian government supports ICT colleges

.

3. Procedures and requirements for importation of college equipments

.

D: Economic feasibility and profitability

.

1. Start-up fund needed

.

2. Potential periodic revenues

.

3. Potential periodic expenses

.

4. Potential break-even analysis

.

5. Proforma income statement

.

6. Proforma cashflow analysis

.

7. Proforma balance sheet

.

E. Important consideration related to Tanzania ICT and education sectors

.

Published by Kessy Juma

Kessy Juma is the founder of Miamia Trading Company (miamiatz). He is a Techpreneur with roots in accountancy. He believes that any business is good as long it caters the right market using the right strategy.

Published by Kessy Juma

Kessy Juma is the founder of Miamia Trading Company (miamiatz). He is a Techpreneur with roots in accountancy. He believes that any business is good as long it caters the right market using the right strategy.