CRDB 170     DCB 265     EABL 3,240     JHL 5,700     KA 80     KCB 780     MBP 490     NICO 165     NMB 2,340     NMG 350     PAL 400     SWIS 1,180     TBL 10,900     TCC 17,000     TCCL 500     TOL 550     TPCC 2,520     TTP 120     SWALA 490     USL 5     MKCB 780     MCB 500     YETU 550     MUCOBA 400     DSE 880     VODA 770     TICL 350     

TANGA CEMENT COMPANY PLC

End of Day - 30 Oct 2020
500 Previous 500 0 ( 0.00% ) 0 High 0 Low 0 Volume 0 Turnover

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Sector : Industrial & Allied


 

Tanga Cement PLC 's history and achievements can be summarized as below:

1970: National Development Corporation of Tanzania assigned the job of preparation of feasibility report for setting up a cement plant in Tanzania to French firm – Messrs Fives Lille-Cail

1978: Construction of the Tanga Cement PLC plant started

1980: The Tanga Cement PLC Plant was commissioned.

1981: The Plant was officially inaugurated by H.E The President of the United Republic of Tanzania, the late J. K. Nyerere.

2009 - 10: Company ownership is as follows

  • 62.5% Afrisam Mauritius
  • 36.25% Tanzania General Public & Institutions
  • 0.75% Employees Share Trust
  • Production capacity increased from 750,000tonnes/yr to more than 1,250,000 tonnes to address market demand

With 15000 Tanzanian being the shareholders, Tanga Cement PLC shares trade under its brand name, Simba, at the Dar es Salaam Stock Exchange.