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HIGHLIGHTS OF SIX MONTHS UNAUDITED FINANCIAL REPORT
Dar es Salaam Stock Exchange (DSE) have successfully gone live this morning with Securities and Trading Technology’s integrated trading, clearing and settlement technology. After a whirlwind from start to finish, from the signing of contracts to the go-live date, Securities and Trading Technology with the help of the Tanzanian Exchange, pulled off this amazing feat within only 8 weeks.
The Board has approved the payment of Tshs. 250/= per share as 1st interim dividend for F15.
Pursuant to the dividend payment declaration, the Share Register details shall remain as follows:
NMB – Declaration of Dividend for the Year 2013
Directors propose payment of a dividend of TZS 90/= per share, amounting to TZS 45 billion out of 2013 profit. In 2012, a dividend of TZS 68 per share, amounting to 34 billion was approved and paid.
Pursuant to the dividend payment declaration, the timetable for dividend payment shall be as already
approved by DSE as follows:
Date of announcement of results: 9th May, 2014
Share trading cum div: 9th May, 2014
SWISSPORT - Audited Financial Results for the Year Ended 31 December 2013
The Board of Directors of CRDB Bank Plc is delighted to announce that subject to obtaining approval from the Annual General Meeting of shareholders to be held on 10th May, 2014, recommend declaration of dividend of TZS 14 per issued and fully paid up shares in line with the Bank’s Dividend Policy.
Total dividend of TZS 30.4 billion will be paid out, higher than TZS 26.1 billion paid in year 2012 with percentage increase of 17% that makes Earnings per share 39.00, Price earnings ratio TZS 7 and Dividend yield of 5%.
During 2013 Tanga Cement Company Limited (TCCL) celebrated some significant milestones and successes in executing its strategy and living up to its brand promise of being the ‘Pride of the Nation’. We are proud of our contribution towards the development of Tanzania and more importantly to the lives of the many people we are able to touch and enhance due to our business activities.
Tanzania Portland Cement Company Ltd (TPCC) strengthened is brand image through quality and service focus.
The Tanzanian economy grew at a continuous pace of about 7% to confirm the positive expectations from previous years. In the year under review, the Tanzanian Shilling was relatively stable compared with the major trading currencies, depreciating by less than 1% against the USD.
This morning, Tuesday 25 March,2014 one of the DSE’s key infrastructure failed to startup; as a result the trading system also failed to function. In this consideration, DSE had been forced to halt startup of today’s trading session to allow the system engineers to diagnose the source of problem and repair it accordingly.
Turnover increased by 5.5% (From TZS 422bl in 2012 to TZS 445.6 bl 2013). Increase was driven by increase in export and double digit growth in sales.
Operating cash flow increase from 72.1 in 2012 bl to TZS 105.9 bl in 2013