ACA 7,430     CRDB 205     DCB 395     DSE 1,180     EABL 5,160     JHL 9,230     KA 100     KCB 850     MBP 600     MCB 500     MKCB 900     MUCOBA 400     NMB 2,750     NMG 2,320     PAL 470     SWALA 500     SWIS 3,820     TBL 13,000     TCC 11,050     TCCL 1,360     TOL 800     TPCC 1,780     TTP 650     USL 60     YETU 600     

Tanzania Portland Cement Co Ltd

End of Day - 21 Jul 2017
1800 Previous 1780 -20 ( -1.12% ) 1780 High 1780 Low 55240 Volume 98,327,200 Turnover 2290 - 1780 1 Year Range

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Sector : Industrial & Allied


Tanzania Portland Cement Company Ltd. (TPCC) was established by Cementia Holdings AG of Switzerland in 1959. In 1962, Cementia Holdings AG in collaboration with Tanganyika Development Company (now Tanzania Development Corporation) started to build the cement factory at Wazo Hill in Dar es Salaam. The Government of Tanzania owned 20% of the company shares. Construction of the factory was completed in mid 1966 and the first bag of cement produced in Tanzania came out of the factory at Wazo Hill. 

In 1967, the government increased its shares in TPCC from 20 % to 50 % and in 1973, the company was nationalized, the government increased its shares to 100 %. In 1992, the government entered into a joint venture with two foreign companies i.e. Scancem International ANS (13 %) and Swedfund International AB (13 %) while, the government retained 74 % of the shares. 

In 2006, shares held by the Tanzania government were sold to the general public. Today share holdings at TPCC are as follows:Due to consolidation of Scancem International ANS into the HeidelbergCement Group of Federal Republic of Germany, the former is now known as HeidelbergCement Africa (HC Africa).

Scancem International
69.3 %

General Public
30.7 %

The 30.7 % held by the general public is actively traded on the Dar es Salaam Stock Exchange