SWALA 490     PAL 400     TTP 120     MCB 500     JHL 5,800     YETU 550     EABL 3,320     TCCL 500     MBP 490     KA 80     TICL 350     DCB 265     KCB 770     MUCOBA 400     TBL 10,900     NICO 165     NMG 340     TCC 17,000     SWIS 1,180     TOL 550     CRDB 165     DSE 880     NMB 2,340     TPCC 2,500     VODA 770     MKCB 780     USL 5     

TANGA CEMENT COMPANY PLC

 End of Day - 23 Oct 2020
500 Previous 500 0 ( 0.00% ) 0 High 0 Low 0 Volume 0 Turnover

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Sector : Industrial & Allied


 

Tanga Cement PLC 's history and achievements can be summarized as below:

1970: National Development Corporation of Tanzania assigned the job of preparation of feasibility report for setting up a cement plant in Tanzania to French firm – Messrs Fives Lille-Cail

1978: Construction of the Tanga Cement PLC plant started

1980: The Tanga Cement PLC Plant was commissioned.

1981: The Plant was officially inaugurated by H.E The President of the United Republic of Tanzania, the late J. K. Nyerere.

2009 - 10: Company ownership is as follows

  • 62.5% Afrisam Mauritius
  • 36.25% Tanzania General Public & Institutions
  • 0.75% Employees Share Trust
  • Production capacity increased from 750,000tonnes/yr to more than 1,250,000 tonnes to address market demand

With 15000 Tanzanian being the shareholders, Tanga Cement PLC shares trade under its brand name, Simba, at the Dar es Salaam Stock Exchange.