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DSE is a market place where buyers and sellers of financial instruments meet. The Exchange is the secondary leg of Capital Markets that help avail long term and affordable capital to companies (productive users) from investors (idle holders/savers) with investment motives.
DSE was incorporated on 19th September 1996 and trading started in April 1998. The Exchange became operational on 15th April 1998 with TOL Gas Limited listing as the first company followed by the Tanzania Breweries Limited (TBL) during the same year.
On 29th June 2015 the Dar-es-Salaam Stock exchange re-registered to become a public limited company after issuing 23,824,000 shares to the public at an IPO price of TZS 500
website: www.dse.co.tz/
Vodacom Tanzania Plc is Tanzania’s leading cellular network company. A company registered in the Republic of South Africa, which in turn is a subsidiary of Vodafone Group Plc, a company registered in the United Kingdom. Vodacom Tanzania offers a wide variety of innovative products and offerings including Voice, data, messaging services and mobile money.
A telecommunication company with leading market share (32.8% as of early 2020). It started its operations on year 2000 and its was listed in the Dar es salaam stock exchange on the 15th of August 2017 where by it listed 2,240,000,300 shares at an IPO price of TZS 850.
website: www.vodacom.co.tz/en/
East African Breweries Limited (EABL) is East Africa’s leading branded alcohol beverage business with an outstanding collection of brands that range from beer, spirits and adult non- alcoholic drinks (ANADs) reaffirming our standing as a total adult beverage (TAB) company.
With breweries, distilleries, support industries and a distribution network across the region, the group’s diversity is an important factor in delivering the highest quality brands to East African consumers and long-term value to East African investors.
As a consumer driven business EABL takes time to study the market and understand consumer needs and wants as well as how best to satisfy them. That is why we constantly invest in innovating and renovating our brands to stay at par with dynamic consumer trends. This goes hand in hand with our Vision to be the most celebrated business in Eastern Africa.
Website: www.eabl.com
Crdb Bank Plc is an African bank and a leading Financial Services Provider in Tanzania with current presence in Tanzania and Burundi, East Africa.
The Bank was established in 1996 and was listed on the Dar es Salaam Stock exchange (DSE) in June 2009 whereby it listed 2,611,838,584 shares at an IPO price of TZS 150. Over the years, CRDB Bank has grown to become the most innovative and preferred financial services partner in the region. Supported by a robust portfolio and uniquely tailored products, CRDB Bank remains the most responsive bank in the region.
CRDB Bank offers a comprehensive range of products such as Corporate, Retail, Business, Treasury, Premier, and wholesale microfinance services through a network of branches, ATMs, Depository ATMs, Mobile branches and Point of Sales (POS) terminals.
website: www.crdbbank.co.tz/
Swissport Tanzania Plc provides airport ground and cargo handling services primarily in the United Republic of Tanzania. It also offers executive aviation and aviation security services, as well as aviation fueling and aircraft maintenance services. The company was incorporated in 1984 and is based in Dar es Salaam, the United Republic of Tanzania. Swissport Tanzania Plc is a subsidiary of Swissport International Ltd.
The company has also recently expanded its footprint due to the current growth saturation at the major airports into Songwe Airport and Mtwara Airport. The company listed 36,000,000 shares in 2003 at an IPO price of TZS 225.
website: www.www.swissport.com/
Jubilee Holdings Limited, an investment holding company, underwrites life and non-life insurance risks associated with death, disability, health, property, and liability. It also issues a portfolio of investment contracts to provide asset management solutions for their savings and retirement needs.
The company offers its insurance products to businesses, individuals, and families. In addition, it is involved in the fund management, property development and management, and power generation activities, as well as provision of international fiber optic broadband cable connectivity services. The company has operations in Kenya, Uganda, Tanzania, Burundi, and Mauritius. Jubilee Holdings Limited was founded in 1937 and is headquartered in Nairobi, Kenya. The Company was cross listed in the Dar es Salaam Stock Exchange plc on December 2006.
TCCIA Investment Company Limited [TICL] is a public limited liability company that was established by shareholders to expand financing sources to participate meaningfully in the ownership and control of the Tanzanian economy. The Company launched public sale of its shares on the Dar es Salaam Stock Exchange (DSE) in March 2018 where by it listed 73,077,253 shares at an IPO price of TZS 600. It is, therefore, regulated and supervised by the Capital Markets and Securities Authority (CMSA).
According to the Company’s Memorandum and Articles of Association (MEMARTS), TICL’s principal activities involve investing in business enterprises, industrial, financial services, telecommunication, agriculture, mining, construction, real estate, and the service sector.
The mandate of the Company is reflected in its main functions as per Company MEMARTS which is to mobilize and channel financial resources from its shareholders into viable investments.
Website: www.tcciainvest.co.tz
Tanzania Breweries PLC is engaged in the production, distribution and sale of malt beer, non-alcoholic malt beverages and alcoholic fruit beverages. The Company operates through two divisions: Beer, and Wines and Spirits. The beer segment comprises clear beer and opaque beer. The Company and its subsidiaries own various liquor brands, such as Safari Lager, Kilimanjaro Premium Lager, Ndovu Special Malt and Konyagi. The Company also produces and distributes Castle Lager, Castle Milk Stout, Castle Lite, Peroni and Redds Premium Cold. The Company operates breweries in Dar es Salaam, Arusha, Mwanza and Mbeya and over eight depots throughout the country. The Company also produces malt at its malting plant in Moshi. The Company’s subsidiary, Tanzania Distilleries Limited, also distributes Amarula and various other international brands of wines and spirits. The Company’s subsidiaries also include Darbrew Limited
TBL was founded on 1933 as Tanganyika breweries but it later changed its name to Tanzania breweries limited in 1964 following the unification of Tanganyika and Zanzibar. In September 9th 1999 TBL listed 294,928,463 shares in the DSE following a successful IPO at TZS 550 per share.
website: www.saahiihii.com/?section=PRODUCTION&businessNo=1217
NMB Bank Plc (NMB) is one of the largest commercial banks in Tanzania, providing banking services to individuals, small to medium sized and corporate clients. It was established under the National Microfinance Bank Limited Incorporation Act of 1997, following the break-up of the old National Bank of Commerce, by an Act of parliament. At the time, it was named National Microfinance Bank and it offered payment services, savings account and limited lending products.
NMB listed 500,000,000 shares in DSE on 31st of October 2008 at an IPO price of 600 per share but it has been opening and closing at 2750 for more than two years.
Website: www.nmbbank.co.tz
Dar es Salaam community bank plc (DCB) was registered as a Limited Company on 6th September 2001. In April 2002, DCB started business as a regional microfinance institution. On 12 June 2003 the bank was issued with a license to carry out banking business as Dar es Salaam Community Bank Limited. In 2005, after only 3 years of its operation, DCB broke-even. In 2008, DCB became the first bank in Tanzania to be listed to Dar es Salaam Stock Exchange (DSE) at an IPO price of 275 where by it listed 92,363,896 shares. In February 2012, the Bank changed its name from Dar es Salaam Community Bank Plc to DCB Commercial Bank plc and in July 2012, the bank was issued with a license to carry out banking business country wide as a fully-fledged Commercial Bank.
website: www.dcb.co.tz/
TOL Gases Limited engages in the production and distribution of industrial gases, medical gases, and related accessories in Tanzania. The company provides oxygen, compressed air, carbon dioxide, inert, hydrogen, nitrogen, ammonia, argon, nitrous oxide, helium, and acetylene gases, as well as medical consumables and pipeline installation services. It was listed 57,505,963 shares in 1998 at an IPO price of 500.
website: www.tolgases.com/
Precision Air Services Plc provides regional and domestic carriage of passengers and cargo by air across Tanzania, Kenya, and Uganda with Dar es Salaam as its primary hub and Mwanza as semi-hub. The company also provides ground handling services. The company was incorporated in 1991 and is headquartered in Dar es Salaam, Tanzania.
PAL listed 160,469,800 shares on DSE in 2011 after unsuccessful IPO were by it was under subscribed by more than 50%. The IPO price was 470.
website: www.precisionairtz.com/
MKCB started as an initiative of the Tanzania Episcopal Conference in 2009 to establish a commercial bank with the main objective of serving and supporting the emerging Tanzanian businesses for provision of financial services.
Mkombozi Commercial Bank’s target markets are small and medium sized entrepreneurs, companies, SACCOS, social enterprises such as schools, universities and corporations. MKCB serves the need of growing companies, middle-market and large corporations, institutional investors, financial institutions and government entities.
MKCB issued 5,000,000 shares to the public at an IPO price of TZS 1000 per share under Enterprise Growth Market (EGM).
website: mkombozibank.co.tz/
NICOL is a Public Company registered in the United Republic of Tanzania, and listed in Dar es Salaam Stock Exchange Market under NICO name. The company listed on the Dar es Salaam Stock Exchange Plc on 15 July 2008 at an IPO price of TZS 400 per share. In 2011 the Capital Markets & Securities Authority forced them to de-list as they had not provided financials for 2009, 2010 and engaged in a sale of assets that was not in accordance to the law. At the time of de-listing the company shares were trading for TZS 270/-. However, in 2017 the company re-surfaced and declared its first divided of 25/- per share after 10 years of operations. After the dividend declaration, the company announced its plan for re-listing on 6 June 2018 at 300/- per share. The principal activity of the company is to acquire or establish and manage business enterprises in key sectors of the economy such as manufacturing, financial services, telecommunications, agriculture, mining and other sectors. The company currently has got two active subsidiaries: Tanzania Fisheries Development Company Limited (TFDC) and Tanzania Meat Company Limited (TMCL).
website: www.nicoltz.com/
MuCoBa formerly known as Mufindi Community Bank LTD (MuCoBa) is the oldest community bank in Tanzania incorporated in December 1998 and licensed by Bank of Tanzania (BOT) in May 1999 to offer banking services to the communities of Mufindi and neighboring districts. It opened its doors to the public in June 1999. MuCoBa was formed as a result of increased demand for financial services within the district. The bank listed 8,156,423 shares at an opening price of TZS250 per share in 8th June 2016.
website: www.mucobatz.com/
MCB is a commercial bank incorporated in 2012 and is headquartered in Dar es Salaam Tanzania. The genesis of MCB came about as a result of the conditions prevailing in the market at the time of it constitution. It was realized that a number of banks and financial institutions are not easily accessible by teachers` or offer costly products, teachers` required an alternative means to overcome the challenges hence, the teachers`, through Tanzania Teachers` Union (TTU), and the economic wing of TTU, the teachers` Development Company Limited (TDCL) made a decision to establish a bank to serve them and the general public by ensuring minimization of costs of operations while providing affordable and diverse financial solutions.
With the objective is to empower teachers MCB came to DSE to raise capital under the Enterprise growth market by issuing 50,000,000 shares at TZS 500 per share.
website: www.mcb.co.tz/
TPCC is a subsidiary of the Heidelberg Cement Group is the largest cement producing company in Tanzania. Established in 1966 with the principal activity of manufacturing and selling cement. The shares of TPCC are actively traded on the Dar es Salaam Stock Exchange (DSE).
The company currently produces three brands of cement, Twiga Extra, Twiga Plus+ and Twiga Ordinary. Today, TPCC remains the market leader in the cement industry in Tanzania holding around 36% of the market share. Being a market leader TPCC has supplied cement to many sensitive and competitive projects in Tanzania including the new National Stadium, the Bus Rapid Transit pavement roads, Kigamboni Bridge, the Mwenge-Tegeta road, Kilwa road, Multi-storey structures such as PSPF, Uhuru Heights, Rita High Rise Building, NHC and many others. In 2006 TPCC listed a total of 179,923,100 shares at an IPO price of TZS 435.
website: www.twigacement.com/en
TCCL is a cement company of Tanzania. The company was founded in 1980 in association with the government of Denmark. The Company manufactures, distributes, and sells cement and clinker. Its most famous product is Simba cement which has been produced since 1980. The company was listed on 2002 where by the general public acquired 32.5% of 63,671,045 shares listed at an IPO price of 300.
website: www.simbacement.co.tz/
TATEPA is a Tanzania-based holding company listed on DSE in December 1999 where by it listed 18,657,254 shares at an IPO price of TZS 330. The Company through its subsidiaries is primarily engaged in growing, processing, blending, marketing and distribution of tea. It operates in two segments: growing and processing of tea, and growing and processing of avocado.
TCC is a member of the JTI Group of Companies, boasts a proud history that reflects the way the country itself has re-shaped over the past half a century.
The Company was established as East African Tobacco in 1961, just a few years later the Government of Tanzania acquired 60% equity in the Company, as part of Tanzania’s Nationalization program and the remaining 40% in 1975.
In 1995, RJ Reynolds acquired a 51% stake in TCC. In 1999, Japan Tobacco Inc. (JT) acquired all non-US Tobacco operations of RJ Reynolds, including its 51% stake in TCC. In September 2000, JT, through its international tobacco division, Japan Tobacco International (JTI), increased its shareholding in TCC from 51% to 75%, making JTI the majority shareholder in TCC.
Today, TCC listed 100,000,000 shares at the Dar es Salaam Stock Exchange on November 2000 at an IPO price of 410 per share. The company keeps performing through its brands Embassy, Sweet Menthol (SM), Portman, Club, Safari, Camel and Iceberg.
website: www.saahiihii.com/?section=PRODUCTION&businessNo=1216
SWALA is Tanzanian oil and gas exploration company headquartered in Dar es Salaam. It was incorporated in 2011, and listed on Dar es Salaam Stock Exchange in 2017 August 106,201,621 shares at 500 Tzs per share as SWALA. It holds the exploration licenses for the Kilosa Kilombero and Pangani fields, both located in the East African Rift. Swala has also become a shareholder of PAE Pan African Energy Corporation (“PAEM”), A Mauritius-registered company that owns Pan African Energy Tanzania Limited (“PAET”). PAET in turn holds the rights granted by the Government of Tanzania to explore, develop, market, produce and sell natural gas from the Songo gas field in Tanzania, the associated infrastructure and distribution and marketing agreements with private sector and state enterprises.
website: www.swalaoilandgas.com
YETU Microfinance bank is dedicated to provide financial services to the unbanked and under banked people of Tanzania. Yetu Microfinance bank was born out of the transformation of Youth Self Employment Foundation (YOSEFO), an NGO which was established in 1997 and successfully managed microfinance business on a sustainable basis. The Company was listed in the Dar es Salaam stock exchange where by it listed 12,112,894 shares at an IPO price of TZS 550.
Website: www.yetumfplc.co.tz
Uchumi Supermarkets Ltd (Uchumi Supermarkets Limited) is a Kenya-based company engaged in the retail supermarkets operation. It distributes bakery, wines, meat, fish, vegetables, as well as kitchen appliances and decoration, among others. On 17th December 1976, Uchumi shareholders-Industrial Commercial & Development Corporation (ICDC), Kenya Wine Agencies Limited (KWAL) and Kenya National Trading Corporation (KNTC) – all Government owned parastatals entered into a management contract with Standa SPA of Italy. Standa, a leading supermarket group with a presence in Europe and vast retail experience was given the task to manage and train Kenyan personnel who would eventually take over the running of the organization. In the 1990’s Uchumi spearheaded the hypermarket concept in Kenya. The company obtained regulatory approval to cross-list on the Dar es Salaam Stock Exchange, effective 15 August 2014.
The Nation Media Group (NMG) founded by His Highness the Aga Khan in 1959 has become
the largest independent media house in East and Central Africa. It has been quoted on the Nairobi Stock Exchange since the early 1970s. As the leading multi-media house in the East African region, it has print as well as electronic media and the Internet which attracts a regular readership quite unparalleled in the region. On the financial front, the Group’s performance over the years has been outstanding even in the leaner economic periods in the country and shows continuous growth and profits for the company as well as the shareholders.
Website : www.nationmedia.com
KCB Group is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya – incorporated with effect from January 1, 2016 – and all KCB’s regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It also owns KCB Insurance Agency, KCB Capital, KCB Foundation and all associate companies.
At a market capitalization of 1,122.0 billion the company was cross listed in the Dar es Salaam Stock Exchange on October 2008.
Website: www.tz.kcbgroup.com
Kenya Airways Limited, together with its subsidiaries, engages in the international, regional, and domestic carriage of passengers and cargo through air. It also offers ground handling services to other airlines; and handles the import and export of cargo.
The Kenya Incorporated company was cross listed in the Dar es Salaam Stock Exchange plc on October 2004.
Maendeleo Bank Plc (MBP) was registered as a Limited Company on February 2011.
When the Dar es Salaam Stock Exchange Plc opened up the Expected Growth Market Segment (EGM) in 2013 Maendeleo Bank was the first Bank to list at an IPO Price of 500, having started being operational as a public financial Institution.
Website: www.maendeleobank.co.tz