News & Events

EXPRESSION OF INTEREST FOR PROVISION OF CONSULTANCY SERVICES FOR THE DAR ES SALAAM STOCK EXCHANGE PLC INITIAL PUBLIC OFFERING (IPO) AND SELF-LISTING

The Dar es Salaam Stock Exchange (DSE) previously a mutual company limited by guarantee started its operations in 1998. DSE has 21 listed companies whose total market capitalization is TZS 24.5 trillion, it also has listed corporate and government bonds worth TZS 4 trillion. The DSE has recently changed its formation and name from a mutual company limited by guarantee to a public limited company limited by shares and from Dar es Salaam Stock Exchange Limited to Dar es Salaam Stock Exchange Public Limited Company.

RE: BANK HOLIDAY 1ST JULY 2015

Kindly be informed that DSE equity trades and bond trades to be traded on Friday 26th June 2015 and on Tuesday 30th June 2015 respectively, will all settle on 2nd July 2015.  This is due to the fact that on 1st July 2015 the Bank of Tanzania will have limited banking services with no interbank payments. 

CAREER OPPORTUNITY

CAREER OPPORTUNITY

NMB PAYS THE GOVERNMENT TZS 16.5 BILLION AS DIVIDEND

The NMB Managing Director - Ineke Bussemaker hands over a dummy cheque of TZS 16.5 Billion to the minister of Finance - Saada Mkuya as the government’s dividend from the bank after a net profit after tax of TZS 155.6 Billion in 2014. The board of directors then approved TZS 52 Billion as dividend to shareholders. The government being the second largest shareholder with 31% had a dividend of TZS 16.5 Billion. 

CRDB BANK PLC RIGHTS ISSUE OF 435,306,432 ORDINARY SHARES AT TZS. 350 PER SHARE (THE OFFER)

Pursuant to the resolution for the Rights Issue which was passed at the Annual General Meeting (AGM) of CRDB Bank Plc. held on 9th May, 2015 and subsequent approvals by the regulators, the Directors of CRDB Bank Plc hereby announce the issuance of the Rights shares in the ratio of one (1) New Ordinary Share for every five (5) Ordinary Shares to the Shareholders who will be on the Bank’s Register of Members at the close of business on Thursday, 18th June 2015 (Record Date).   The Rights Issue is fully underwritten. 

NOTICE OF THE 15th ANNUAL GENERAL MEETING OF THE MEMBERS OF NMB

NOTICE OF THE 15th ANNUAL GENERAL MEETING OF THE MEMBERS OF NATIONAL MICROFINANCE BANK (NMB) PLC Notice is hereby given that the 15th Annual General Meeting of NMB shareholders will be held at the Julius Nyerere International Convention Centre in Dar es Salaam on Saturday, 6th June, 2015 at 10.00 a.m. The agenda will be as follows:

CAREER OPPORTUNITY

CAREER OPPORTUNITY

DCB NOTICE OF THE END OF TENURE OF THE BOARD OF DIRECTORS

DCB NOTICE OF THE END OF TENURE OF THE BOARD OF DIRECTORS Pursant to the continuing listing obligation, DCB has hereby informed the Exchange of that the board directorship tenure of Mr. Makinya Kapuli Migetto and Mrs. Sophia Mjasiri Emesu expired on 31st May 2015. The link below is reference letter from DCB to Dar es Salaam Stock Exchange  http://dse.co.tz/sites/default/files/dsefiles/scan0005.pdf

ACACIA: First Stoping Ore from Gokona Underground at North Mara

Acacia Mining plc LSE:ACA (“Acacia” or the “Company”) First Stoping Ore from Gokona Underground at North Mara

SWALA PRESS RELEASE

SWALA FARMS OUT 25% OF LICENCE INTERESTS TO TATA PETRODYNE LIMITED Swala Oil and Gas (Tanzania) Plc ("Swala" or "the Company") is pleased to announce that it has reached agreement with Tata Petrodyne Limited ("TPL"), a subsidiary of the multinational Tata Sons Limited, under which TPL shall farm into the Pangani and Kilosa-Kilombero licences in Tanzania. This allows Swala to remain committed to these licences and to secure funding for future exploration activities in a way that minimises the risk to its current shareholders.