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Proposed Exchange Enterprise Growth Market - DSE (Tanzania)
In its regular Board Meeting No. 3/F15, the Board approved the payment of Tsh.250/= per share as the 2nd interim dividend in F15.
Pursuant to the dividend payment declaration, the Share Register details shall remain as follows:
DSE Release 29th September 2014
Kilombero Seismic Showing Evidence of Multiple Structures
Swala Energy Limited ("Swala" or "the Company") is pleased to announce that the seismic survey it is
carrying out in the Kilombero Basin has provided the first evidence of multiple structures - a ‘string of
pearls’- along the western basin boundary fault. Swala has a 50% net interest in the Kilosa-Kilombero
licence in central Tanzania.
Results for the three months ended 30 September 2014 (Unaudited)
Based on IFRS and expressed in US Dollars (US$)
Whilst our volume grew by 5.2% in the first half of 2014; financial performance to June
30, 2014 was lower than the corresponding period in 2013.
The moderate 2.4% increase in gross turnover (TZS 224.0 billion compared to TZS 218.8
billion in the corresponding period in 2013) was not enough to shield profitability.
Gross and net profit declined by 10% to TZS 86.8 billion (June 30, 2013: TZS 96.9 billion)
and by 20% to TZS 35.3 billion (June 30, 2013: TZS 44.3 billion) respectively.
As per the Government Notice NO. 338 published on 19/9/2014, the Capital Markets
and Securities (Foreign Investors) Regulations, 2003, have been revoked.
With this notice, effectively from 19th September 2014, a foreign investor may purchase
the securities of a listed company or an issue in respect of which the issuer is making a
The Directors submit their annual report together with the audited financial statements for the year ended 31 March 2014, which disclose the state of affairs of Tanzania Breweries Limited (the “Company”) and its subsidiaries, Tanzania Distilleries Limited, Darbrew Limited and Kibo Breweries Limited, (together the ‘’Group’’).
Tanzania Portland Cement Company (TPCC) recorded revenues of TZS 115bn in the first half of 2014. This is an increase of 13% compared with the same period in 2013. The increase in revenue is mainly a result of increased sales volumes and overall improved performance.