News & Events

CRDB – Declaration of Dividend for the Year 2013

The Board of Directors of CRDB Bank Plc is delighted to announce that subject to obtaining approval from the Annual General Meeting of shareholders to be held on 10th May, 2014, recommend declaration of dividend of TZS 14 per issued and fully paid up shares in line with the Bank’s Dividend Policy. Total dividend of TZS 30.4 billion will be paid out, higher than TZS 26.1 billion paid in year 2012 with percentage increase of 17% that makes Earnings per share 39.00, Price earnings ratio TZS 7 and Dividend yield of 5%.

SIMBA - Audited Results for the Year Ended 31 December 2013

CHAIRPERSON’S STATEMENT Introduction During 2013 Tanga Cement Company Limited (TCCL) celebrated some significant milestones and successes in executing its strategy and living up to its brand promise of being the ‘Pride of the Nation’. We are proud of our contribution towards the development of Tanzania and more importantly to the lives of the many people we are able to touch and enhance due to our business activities. Macro-Economic Overview

TWIGA – Audited Results for the Year Ended 31 December 2013

Tanzania Portland Cement Company Ltd (TPCC) strengthened is brand image through quality and service focus.   The Tanzanian economy grew at a continuous pace of about 7% to confirm the positive expectations from previous years.  In the year under review, the Tanzanian Shilling was relatively stable compared with the major trading currencies, depreciating by less than 1% against the USD.  

DSE Public Announcement

This morning, Tuesday 25 March,2014  one of the DSE’s key infrastructure failed to startup; as a result the trading system also failed to function. In this consideration, DSE had been forced to halt startup of today’s trading session to allow the system engineers to diagnose the source of problem and repair it accordingly.    DSE Management

TCC publishes financial results

TURNOVER Turnover increased by 5.5% (From TZS 422bl in 2012 to TZS 445.6 bl 2013). Increase was driven by increase in export and double digit growth in sales. CASH FLOW   Operating cash flow increase from 72.1 in 2012 bl to TZS 105.9 bl in 2013 DIVIDEND  

Remarks by Mr. Moremi Marwa Chief Executive Officer, Dar es Salaam Stock Exchange, during the Financ

  The Chief Guest Mr. Ludovick Utoh - Controller & Auditor General; Representative of the Executive Director of the National Board of Accountants Emmanouil Schizas ACCA’s Senior Economic Analyst Members of the Media Distinguished Guests; Ladies and Gentlemen.  


The Board has approved the payment of Tsh 150/= per share as the final dividend for F14. Pursuant to the dividend payment declaration, the Share Register details shall read as follows: Closure of the Members Register:  7th March, 2014 Trading of shares cum Dividend:   13th February, 2014 to 4th March, 2014 Trading of shares Ex Dividend:     5th March, 2014 Dividend Payment on or about:    20th March, 2014


The Board has approved the payment of Tsh.150/= per share as the 2nd interim dividend for F14.   Pursuant to the dividend payment declaration, the Share Register details shall remain as follows:   Closure of the Members Register  :           19th December, 2013   Trading of Shares cum Dividend   :           26th November, 2013 to 16th December, 2013   Trading of shares Ex Dividend      :           17th December, 2013 to 19th December, 2013  

TWIGA - Un-audited Financial Results Six Months Ended 30 Jun 2013

Chairman’s Statement  Tanzania Portland Cement Company Limited (TPCC) recorded revenues of TZS 102bn in the first half of 2013.  This is a decrease of 20% compared with the same period in 2012.  The decrease in revenue is mainly due to decrease in sales volumes.  These were largely impacted by the increased quantities of imported cement from Pakistan, allegedly caused by under-declaration of values and quantities leading to non-payment of statutory taxes and duties by the importers.