ACA 6,100     CRDB 135     DCB 340     EABL 4,780     JHL 9,700     KA 195     KCB 990     MBP 490     NICO 165     NMB 2,340     NMG 1,580     PAL 400     SWIS 2,340     TBL 11,700     TCC 17,000     TCCL 640     TOL 660     TPCC 2,060     TTP 120     SWALA 490     USL 20     MKCB 800     MCB 500     YETU 600     MUCOBA 400     DSE 1,300     VODA 800     TICL 385     

Tanzania Cigarette Company Ltd

End of Day - 15 Feb 2019
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Sector : Industrial & Allied


The Tanzania Cigarette Company (TCC), a member of the JTI Group of Companies, boasts a proud history that reflects the way the country itself has re-shaped over the past half a century.

The Company was established as East African Tobacco in 1961, just a few years later the Government of Tanzania acquired 60% equity in the Company, as part of Tanzania’s Nationalization program and the remaining 40% in 1975.

In 1995, RJ Reynolds acquired a 51% stake in TCC. In 1999, Japan Tobacco Inc. (JT) acquired all non-US Tobacco operations of RJ Reynolds, including its 51% stake in TCC. In September 2000, JT, through its international tobacco division, Japan Tobacco International (JTI), increased its shareholding in TCC from 51% to 75%, making JTI the majority shareholder in TCC.

Today, TCC is listed at the Dar es Salaam Stock Exchange, and the organization shares a common aspiration with the nation for success and respect, guided by our three core values – enterprising, open and challenging.