Latest Stock News

• TBL ratifies 537/- as dividendJuly 29, 2024 - 11:03 am

  TANZANIA: TANZANIA Breweries Public Limited Company (TBL) shareholders have ratified a dividend of 537/- per share for the period ended December last year, at an Annual General Meeting (AGM). The dividend approved is equivalent to 158.4bn/-, which is an increase of 85 per cent over the prior year. TBL Chairman Mr Leonard Mususa, said despite the […]

• Maendeleo Bank announces dividend increase by 69 pc for 2023July 25, 2024 - 7:31 am

  DAR ES SALAAM: Maendeleo Bank has announced a significant increase in dividends 69 percent for 2023, thanks to the strong bank’s financial performance. Announcing the dividend on Wednesday in Dar es Salaam, the Acting Director of the bank, Mr Peter Tarimo stated that the shareholders will receive 44 shillings per share, a substantial rise from 26 […]

• Shilling depreciates by 5pc in six monthsJuly 24, 2024 - 7:32 am

  TANZANIA: THE Tanzanian shilling has depreciated by 5.0 per cent over the past six months up to July, as it faces heightened demand for US dollars driven by tightening monetary policies in advanced economies and rising global commodity prices. According to the Bank of Tanzania (BoT)’s Indicative Exchange Rate report, the exchange rate stood at 2,652/40 shillings per […]

• Vodacom: Dividends declaration notice for the year ended March 2024July 23, 2024 - 1:18 pm
• Afriprise upholds similar dividend as profit rises slightlyJuly 23, 2024 - 1:00 pm

  DAR ES SALAAM: AFRIPRISE Investment profit has minutely increased by 1.0 per cent, attributing the trend to improved capital market conditions and gains from the sale of treasury securities. The financial results of the listed firm, which is an investment wing of Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA), show that the net profit increased to 1.97bn/- […]