ACA 8,300     CRDB 180     DCB 400     DSE 1,180     EABL 5,150     JHL 9,700     KA 130     KCB 830     MBP 600     MCB 500     MKCB 850     MUCOBA 400     NMB 2,760     NMG 2,320     PAL 470     SWALA 500     SWIS 3,800     TBL 13,500     TCC 9,800     TCCL 1,600     TOL 800     TPCC 1,800     TTP 650     USL 60     YETU 600     

Tanzania Portland Cement Co Ltd

End of Day - 23 Jun 2017
1920 Previous 1800 -120 ( -6.67% ) 1800 High 1800 Low 25155 Volume 45,279,000 Turnover 2400 - 1800 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