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This is to inform you that the Dar Es Salaam Stock Exchange PLC (DSE) is organizing a DATS Traders (previously known as Floor Traders) Induction Course. The training will take place from 26th to 28th August, 2015 at the DSE offices. This course is aimed at enhancing skills and capacity of the securities industry market participants.
UN AUDITED QUARTERLY FINANCIAL STATEMENTS AND OTHER DISCLOSURES FOR THE PERIOD
ENDED 30TH JUNE 2015
Company Profile
Tanzania Breweries Limited (TBL), a subsidiary of SABMiller, manufactures, sells and distributes clear beer, alcoholic fruit beverages and non-alcoholic beverages within Tanzania. TBL as a major player in the beverage sector is committed to the export of its products to niche and neighboring markets under the East Africa common market trading arrangement.TBL has controlling interest in Tanzania Distilleries
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.
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.
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.
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.
