ACA 5,600     ACA 5,600     ACA 5,600     CRDB 150     CRDB 150     CRDB 150     DCB 340     DCB 340     DCB 340     EABL 4,220     EABL 4,220     EABL 4,220     JHL 8,200     JHL 8,200     JHL 8,200     KA 205     KA 205     KA 205     KCB 880     KCB 880     KCB 880     MBP 500     MBP 500     MBP 500     NICO 275     NICO 275     NICO 275     NMB 2,340     NMB 2,340     NMB 2,340     NMG 1,480     NMG 1,480     NMG 1,480     PAL 400     PAL 400     PAL 400     SWIS 2,660     SWIS 2,660     SWIS 2,660     TBL 12,900     TBL 12,900     TBL 12,900     TCC 17,000     TCC 17,000     TCC 17,000     TCCL 640     TCCL 640     TCCL 640     TOL 660     TOL 660     TOL 660     TPCC 2,060     TPCC 2,060     TPCC 2,060     TTP 120     TTP 120     TTP 120     SWALA 490     SWALA 490     SWALA 490     USL 20     USL 20     USL 20     MKCB 800     MKCB 800     MKCB 800     MCB 500     MCB 500     MCB 500     YETU 600     YETU 600     YETU 600     MUCOBA 400     MUCOBA 400     MUCOBA 400     DSE 1,400     DSE 1,400     DSE 1,400     VODA 800     VODA 800     VODA 800     TICL 450     TICL 450     TICL 450     

Tanzania Portland Cement Co Ltd

End of Day - 12 Dec 2018
2060 Previous 2060 0 ( 0.00% ) 0 High 0 Low 0 Volume 0 Turnover - 2060 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