All Rights Reserved Powered by Wazoefu Technology. Email Facebook Linkedin Twitter Rss. Home About DSE Listed Companies Stock Brokers Quarterly Reports Market Reports Contacts Search. TBL MANAGING DIRECTOR'S STATEMENT ON THE COMPANY'S FINANCIAL RESULTS MARCH, Posted by dsetanzania - 7: Dividends of Tsh billion were paid to shareholders.

DSE recorded a decent Q2 performance, albeit with mixed outcomes — total market capitalization and DSE Index recorded a growth of 5 percent, from TZS The domestic market capitalization decreased from TZS On a positive note -- liquidity turnover increased from TZS billion Q1, to TZS billion during this quarter.

On annualized basis, our liquidity ratio is now at 9 percent — this liquidity level is more than 5 times in previous history.

Valuations have decreased slightly during the quarter, and valuations matters! Our market PER, decreased from the trailing weighted average ratio of Similarly, weighted average dividend yield is now at 3. As for the bonds market segment — there was a significant decrease in turnover during the quarter: During Q3, , we expect at least three listings: Mwalimu Commercial Bank, PTA Bank for corporate bonds and YETU Microfinance. Our top priorities during the coming quarter includes: Our demutualization process is now at the advanced stage, we expect IPO and self-listing by end of Q1, The Dar es Salaam Stock Exchange DSE previously a mutual company limited by guarantee started its operations in DSE has 21 listed companies whose total market capitalization is TZS 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.

In line with the above, the DSE intends to offer its shares for subscription by the public through the Initial Public Offering IPO and self-list into the Exchange.

This is therefore an invitation for Expression of Interest EOI by eligible firms to provide the following consultancy services:. Firms may associate to enhance their qualifications. Interested eligible firms may obtain further information from the DSE offices, Golden Jubilee Towers, 14 th Floor, PSPF Building, Ohio Street, P. O Box Dar es Salaam. One original and three copies of written EOIs must be delivered in a sealed envelope, addressed to the CEO, Dar es Salaam Stock Exchange and must be hand-delivered on or before 2.

Late EOI shall not be accepted for evaluation irrespective of the circumstances. CHIEF EXECUTIVE OFFICER DAR ES SALAAM STOCK EXCHANGE. The NMB Managing Director - Ineke Bussemaker handing over a dummy cheque of TZS The board of directors then approved TZS 52 Billion as dividend to shareholders. Looking on from left is the Permanent Secretary of the Ministry of Finance - Dr Servacius Likwelile. CRDB BANK PLC RIGHTS ISSUE OF ,, ORDINARY SHARES AT TZS. Pursuant to the resolution for the Rights Issue which was passed at the Annual General Meeting AGM of CRDB Bank Plc.

The Rights Issue is fully underwritten. For more information Shareholders are advised to read the Information Memorandum and the Provisional Allotment Letter that will be posted to them. NOTICE OF THE 15th ANNUAL GENERAL MEETING OF THE MEMBERS OF NMB Posted by dsetanzania - 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, at. Members wishing to attend the meeting must come with one of the following: The proxy form must be deposited at the registered office of the company not later than Members wishing to attend the meeting will have to attend at their own cost.

Copies of annual report and proxy forms will be available in NMB branches. Directors propose payment of a dividend of TZS per share, amounting to TZS 52 billion out of profit. In , a dividend of TZS 90 per share, amounting to TZS 45 billion was approved and paid. Date of announcement of results: By order of the Board. Komwihangiro Company Secretary May 11th, Posted by dsetanzania - 6: WEEKLY REPORT FROM DSE 05 06 Posted by dsetanzania - 6: First Stoping Ore from Gokona Underground at North Mara Posted by dsetanzania - 1: Acacia Mining plc LSE: First Stoping Ore from Gokona Underground at North Mara.

Acacia is pleased to announce that it has commenced stoping operations ahead of schedule at the Gokona Underground project at North Mara, with the first ore having been delivered to the process plant. The first stope has to date demonstrated the expected geotechnical characteristics and delivered both grade and ore tonnes in line with the mine plan. We continue to expect a progressive increase in tonnes from the project as it ramps up through the year and maintain our current expectations for production from the Gokona Underground for the full year.

Further details can be obtained through the link below. SWALA PRESS RELEASE Posted by dsetanzania - 1: 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. Tata Sons Limited is the promoter of the major operating Tata companies and holds significant shareholdings in these companies, commonly referred to as the Tata Group. A farm-out agreement differs from a conventional transaction between two oil and gas lessees, because the primary consideration is the rendering of services, rather than the simple exchange of money.

The terms of the agreement with TPL: Costs incurred above this sum shall be shared by the partners in proportion to their equity. Posted by dsetanzania - 1: Total of TZS Earnings per share EPS is TZS For further details can be obtained from the link below. Performance for the year Despite a tough domestic economic environment and highly competitive export markets, gross turnover increased from TZS The company recorded a profit before tax of TZS The Company has no external interest bearing debt.

During an additional TZS 9. Tax compliance and rewards The company was fully tax compliant in Dividend During the year, the directors declared for , a final ordinary gross dividend of TZS 20 billion or TZS per share TZS 20 billion or TZS per share and a special gross dividend of TZS 25 billion or TZS per share TZS 30 billion or TZS per share.

Further details can be obtained through the following link. The Capital Market Authority CMA -Kenya has approved EABL meeting with its shareholder to discuss and approve the sale and disposal of it subsidiary.

Further details can be found through the link below. The detailed financial performance of the company during the year can obtained on TOL a financial report through a link below, the shows a profit before tax of TZS 2, million Board is confident that the objectives of the turnaround strategy will be achieved.

The following are updates and developments of major initiatives in the turnaround strategy: The plant can now produce crude argon and it is expected that the plant will be in a position to produce pure argon in the second phase of repairs expected the last quarter In line with this, the company has increased storage capacity for liquid gases.

How to Invest on the Dar es Salaam Stock Exchange - Investing in Africa -

This will ensure continuous availability of industrial gases into the market and also save the company costs through production by batch method. Following these improvements on the ASPEN plant, the company is engaged in finding customers for bulk liquid oxygen and nitrogen in the neighbouring countries of Kenya, Zambia and Zimbabwe.

Already one such customer from Zambia has been engaged through a supply contract beginning second quarter Storage capacity was increased by tons during the year, three additional 20 ton tankers were also added during the year. The company will continue to invest in both its storage and transport capacity for CO2 to strengthen reliability and increase market share across East Africa and SADC region.

Already the company is supplying Malawi, Zambia and DRC markets. The company has overcome all the production bottlenecks and more efforts are employed on building customer intimacy, aggressive marketing and brand awareness. In the midst of this, the company has acquired a plot in Mtwara which is a strategic location to tap into oil and gas sector in both Southern Tanzania and Northern Mozambique.

Future outlook The company has made significant strides towards recovering its regional market share in carbon dioxide market following capacity enhancement and renewal of distribution fleet. Besides domestic market the company has been supporting customers in other SADC countries of Malawi and Zambia and DRC.

While competition is expected to increase in these markets following other new entrants, TOL is well positioned to capitalise also on the expected growth in the beverage sector in the region.

At a time when oil and gas mining in the region is beginning to take shape, refurbishment of the ASPEN has been the right step to take as this sector offers the opportunity to utilize what has been otherwise oversized plant until now.

The company is on course to full recovery and is expected to reverse the accumulated losses in the course of financial year DIVIDEND The Directors do not recommend dividends in respect of the year ended 31 December Further details can be obtained through the link below in TOL financial report. Shirika la Nyumba la Taifa na Soko la Hisa la Dar es Salaam watiliana saini makubaliano rasmi ya mauzo ya ofisi katika mradi wa kipekee mpya wa Morocco Square Posted by dsetanzania - Ujenzi wa mradi huo wenye huduma mbalimbali za kisasa unaendelea.

Picha kwa Hisani ya Kitengo cha Mawasiliano kwa Umma na Huduma kwa Jamii. Mkurugenzi wa Shirika la Nyumba la Taifa NHC , Nehemia Mchechu kushoto , akibadilishana hati za mkataba na Ofisa Mtendaji Mkuu wa Soko la Hisa Dar es Salaam DSE , Moremi Marwa, mara baada ya kusaini makubaliano ambapo DSE itanunua ofisi katika jengo la Morocco Square litakalojengwa na shirika hilo eneo la Kinondoni jijini.

Mkataba huo ulisainiwa jijini leo.

Kaimu Mkurugenzi wa Masoko na Mauzo wa Shirika la Nyumba la Taifa Tuntufye Mwambusi na Meneja wa Uendelezaji Biashara wa NHC, Willia Genya wakibadiliashana mawazo katika hafla hiyo. Mkurugenzi wa Hazina na Uendelezaji Biashara wa Shirika la Nyumba la Taifa, David Misonge Shambwe akiwakaribisha wageni katika hafla hiyo. Mkurugenzi wa Shirika la Nyumba la Taifa NHC , Nehemia Mchechu kushoto , na Ofisa Mtendaji Mkuu wa Soko la Hisa Dar es Salaam DSE , Moremi Marwa wakifuatilia jambo katika hafla hiyo ya utiaji saini.

Mkurugenzi wa Shirika la Nyumba la Taifa NHC , Nehemia Mchechu akizungumza katika hafla hiyo.

Dar es Salaam Stock Exchange

Posted by dsetanzania - Acacia announces that it will be publishing its first quarter results for the three months ended 31 March on Thursday 23 April at The results will be accompanied by a conference call for investors and analysts at The access details for the conference call are as follows:.

ENQUIRIES For further information, please visit our website: About Acacia Mining plc Acacia Mining plc LSE: We have three producing mines, all located in north-west Tanzania: Bulyanhulu, Buzwagi, and North Mara and a portfolio of exploration projects in Tanzania, Kenya and Burkina Faso. Our approach is focused on strengthening our three core pillars; our business, our people and our relationships.

Our name change from African Barrick Gold to Acacia Mining reflects a new approach to mining, and an ambition to create a leading African Company. Acacia Mining is a UK public company headquartered in London. We are listed on the Main Market of the London Stock Exchange with a secondary listing on the Dar es Salaam Stock Exchange. Barrick Gold Corporation remains our majority shareholder. Acacia Mining reports in US dollars and in accordance with IFRS as adopted by the European Union, unless otherwise stated in this announcement.

The Bank posted profit before tax of TZS 5. Profit after tax for the year was TZS 3.

In addition, the following achievements were recorded: Please refer to the link below --D CB ANNUAL REPORT for further details. We are proud of our contribution towards the development of Tanzania, but more importantly the lives of the Tanzanian people we are able to touch and enhance due to our business activities.

Macro-Economic Overview General market conditions during the period under review have been tough, but positive. We experienced an increased influx of imports from neighboring East African countries such as Kenya, which was further enabled by the removal of tariffs between East African countries and easy access to our major markets in northern regions by competing brands. At the same time, cheap imports from the Middle East countries have continued to enter Tanzanian markets creating unfair competition as they benefit from widespread acts of tax evasion through under declaration of prices and volumes delivered into local markets.

Increased smuggling of cement across the border into Kilimanjaro and Arusha added to pressure to local markets and prices. We are lobbying with Government as well as the Fair Competition Commission on control of cheaper imports including manufacturing substitutes. We look forward to further improvements by Tanzania Railways Ltd. Operational Overview Despite the challenging market conditions, the group managed to record a satisfactory financial performance with operating profit being 16 percent below This included a goodwill impairment of TZS 6.

This performance can be attributed to increased direct sales to customers and active initiatives to control and reduce costs. A reflection of this is that our cost of sales remained relatively unchanged at TZS Improving operational efficiencies and containing production costs continues to be a major focus for the company.

We experienced some set-backs in terms of overall equipment efficiencies OEEs due to some equipment failure during the year. Improving on OEEs will be a significant focus during This is as a result of the onceoff impairment of goodwill. A major milestone achieved during the year was the complete integration of CDEAL, providing the company with full ownership of the sales and distribution arm of the business.

The acquisition will ensure improved integration and strategic alignment with Tanga Cement Public Limited Company in executing its strategy. The construction of a second kiln line at Tanga Cement Public Limited Company is making good progress and is still on track to produce its first clinker in the last quarter of Sustainability Safety remains our priority and was no different.

We undertook the utmost care to return each employee home safe at the end of each shift. Whilst we recorded good results on maintaining a low total recordable injury frequency rate TRIFR of below 1 against a target of 6. This was thoroughly investigated and a lot of lessons were drawn from the incident. We have implemented these lessons to avoid similar incidents from recurring in the future.

Our environmental performance has remained on track, with the critical emissions below the legal limit on a monthly average basis throughout the year. The performance and availability of the monitoring equipment was however an issue, as we could not get the full benefit of anticipated measurements from it.

Phase out of equipment is being considered in mitigation. For the first time a baseline environmental monitoring program was implemented on site, we now await the initial results from the sampling and measurements. Tanga Cement Public Limited Company continued to support the local communities by focusing in the four main areas of Education, Health, Community development and Environment.

Future Outlook We expect the coming year to remain challenging and expect we will continue to deliver satisfactory results. A number of projects have been approved by government and private investors, and these should increase demand for our products. Among the exciting projects is the development of Kawe City, Tanzanite Mall, Tanzania China Logistic Centre and the expansion of the Dar es Salaam Port.

Dividend The board has recommended a final dividend of TZS 65 per share This amounts to a total final dividend of TZS 4.

Closure of the Share Register The register of members will close 20th April, The last day of trading cum-dividend will be 15th April, The final dividend will be paid on or about 31st May Conclusion Our majority shareholder, AfriSam, increased its shareholding from We are proud of our association with this formidable construction materials company and Tanga Cement Public Limited Company has benefited greatly over the years from the knowledge and expertise gained through this relationship.

In turn, Tanga Cement Public Limited Company is a critical component and valuable contributor to the growth and success of the AfriSam Group.

We look forward to the many successes both companies will achieve through our close association. Finally, on behalf of the Board of Directors, I would like to thank the employees of Tanga Cement Public Limited Company for the passion they have for the company and their commitment to ensuring its success. And I also thank the board of directors for their support and our esteemed customers for their loyalty.

We look forward to celebrating many more successes together in Advocate Lau Masha Chairperson. Popular Posts TBL MANAGING DIRECTOR'S STATEMENT ON THE COMPANY'S FINANCIAL RESULTS MARCH, About DSE dsetanzania To be a sustainable securities exchange that is an engine of economic growth for Tanzania. View my complete profile. About To provide a responsive securities exchange that promotes economic empowerment and contributes to the country's economic development through offering a range of attractive and cost-effective products and services.

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