SOLOMON Stockbrokers

INDUSTRY: Investment

ISN: TZ1996103010

DATE LISTED: March 2018

IPO PRICE (TZS): 400

website: www.tcciainvest.co.tz/

The TCCIA Investment PLC (TICL) was incorporated on November 9, 1999, under Certificate of Registration No. 38280. It is a public limited liability Company established under the sponsorship of and pro-actively promoted by the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) to expand its financing sources.

INDUSTRY: BANK

ISN:TZ1996100305

DATE LISTED: 17th June 2009

IPO PRICE (TZS): 150

website: www.crdbbank.co.tz/

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 it listed its 2,176,532,160 shares in Dar Es Salaam Stock exchange (DSE) in June 2009 at an IPO price of  TZS 150 per share.

CRDB Bank offers a comprehensive range of products such as Corporate, Retail, Business, Treasury, Premier, and wholesale microfinance services through a network of over 120 branches, over 400 ATMs, 15 Depository ATMs, over 13 Mobile branches and 984 Point of Sales (POS) terminals.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996100214

DATE LISTED: 16thSeptember 2008

IPO PRICE (TZS): 

website: www.dcb.co.tz/

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 67,827,897 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.

INDUSTRY: FINANCIAL

ISN: TZ1996102434

DATE LISTED: 12th July 2016

IPO PRICE (TZS): 500

website: www.dse.co.tz/

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 in 19 September 1996 and trading started in April 1998. The exchange became operational on 15 April 1998 with TOL Gas Limited listing as the first company followed by the Tanzania Breweries Limited (TBL) during the same year.

On 29 June 2015 the Dar-es-Salaam Stock exchange re-registered to become a public limited company after issuing 15,000,000 shares to the public at an IPO price 500.

INDUSTRY: Agricultural

ISN: TZ1996103804

DATE LISTED:  23 November 2020

IPO PRICE (TZS): 500/=

website: www.jatukilimo.com/about/

JATU PLC is a Tanzanian company involved with Agriculture, industries and markets, it was registered on 20th October, 2016. The core Vision of JATU PLC is to become a leading public company in producing quality products and good services within and beyond the country, and to create employment opportunities to Tanzanians, intended to enhance income for individuals and maximize government revenues. As its Mission to achieve its Vision, JATU PLC is dedicated to ensure that human lives are enriched with good health by use of premium natural products produced by JATU PLC and implement a poverty reduction solution by use of human resources, modern agriculture and engage in industry activities and network marketing to ensure profit sharing.

INDUSTRY: BANK

ISN:TZ1996101683

DATE LISTED: 09 September 2013

IPO PRICE (TZS): 600

website: www.maendeleobank.co.tz/

Maendeleo Bank Plc (MBP) was registered as a Limited Company on February 2011. In September, 9th 2013, Maendeleo Bank Plc.started business as a regional bank; the bank was issued with a licence number NBA 00026 to carry out banking business.

Maendeleo Bank plc. became the first bank in Tanzania to be registered in to Dar es Salaam Stock Exchange (DSE) and hence became Public Limited Company (PLC) from its start.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996101972

DATE LISTED: 29th December 2014

IPO PRICE (TZS): 600

website: mkombozibank.co.tz/

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).

INDUSTRY: MANUFACTURING

ISN: TZ1996102419

DATE LISTED: 8th June 2016

IPO PRICE (TZS): 250 

website: www.mucobatz.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 8^th June 2016.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996102129

DATE LISTED: 27th November 2015

IPO PRICE (TZS): 600

website: www.mcb.co.tz/

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.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996103077

DATE LISTED: 2008

IPO PRICE (TZS): 300

website: www.nicoltz.com/

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  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).

INDUSTRY: BANK

ISN: TZ1996100222

DATE LISTED: 6th November 2008

IPO PRICE (TZS): 600

website: www.nmbbank.co.tz/

NMB is one of the largest commercial banks in Tanzania, providing banking services to individuals, small to medium sized corporate clients, as well as large businesses. It was established in 1997 following the break-up of the old National Bank of Commerce which resulted to three new entities namely: NBC Holding Limited, National Bank of Commerce Limited and National Microfinance Bank Limited.

NMB listed 500,000,000 shares in DSE on 31^st 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.

INDUSTRY: Transportation

ISN: TZ1996101048

DATE LISTED: 21st December 2011

IPO PRICE (TZS): 470

website: www.precisionairtz.com/

PAL provides regional and domestic carriage of passengers and cargo by air. The company flies to 11 destinations within and outside Tanzania, including Arusha, Kilimanjaro, Mwanza, Bukoba, Mtwara, Kigoma, Tabora, Zanzibar, Nairobi, Musoma, and Hahaya. The company also provides ground handling services; and distributes the Galileo reservation systems to airlines and travel agents in Tanzania. It operates through a fleet of five 70-seater ATR 72-500, three 48-seater ATR 42-500, and a 48-seater ATR 42-600. 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.

INDUSTRY: MANUFACTURERS

ISN:TZ1996100057

DATE LISTED: 26th Sept,2002

IPO PRICE (TZS): 310

website: www.simbacement.co.tz/

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.

INDUSTRY: OIL & GAS

ISN: TZ1996101865

DATE LISTED: 11th August 2014

IPO PRICE (TZS): 500

STATUS: UNDER LIQUIDATION

website: www.swalaoilandgas.com

Is a 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 August 2017(99,954,467 shares at 500 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 SongoSongo gas field in Tanzania, the associated infrastructure and distribution and marketing agreements with private sector and state enterprises. (source Companies Website)

INDUSTRY: Transportation

ISN: TZ1996100040

DATE LISTED: 26th Sept,2006

IPO PRICE (TZS): 225

website: www.www.swissport.com/

Swiss an aviation service provider in Tanzania. The company entered the Tanzanian market in 2001 after the acquisition of Dar es Salaam Airports Handling Company (DAHACO) by the parent company Swissport International.

The company currently operates Ground handling, Cargo Handling, Aircraft maintenance and Fueling services at Julius Nyerere International Airport and Kilimanjaro International Airport. 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.

INDUSTRY: MANUFACTURERS

ISN:TZ1996100016

DATE LISTED: 9th Sept, 1998

IPO PRICE (TZS): 550

website: www.saahiihii.com/?section=PRODUCTION&businessNo=1217

TBL is a Tanzania based company principally engaged in the production, distribution and sale of malt beer, non-alcoholic malt beverages and alcoholic fruit beverages. It operates four breweries in Dar es Salaam, Arusha, Mwanza and Mbeya and has over eight depots throughout the country. The Company also produces malt at its malting plant in Moshi.

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.

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.

INDUSTRY: MANUFACTURING INDUSTRY

ISN: TZ1996100032

DATE LISTED: 16th November,2000

IPO PRICE: 410

website: www.tcc.co.tz

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.

INDUSTRY: OIL AND GAS INDUSTRY

ISN: TZ1996100008

DATE LISTED: 15th April, 1998

IPO PRICE (TZS): 500

website: www.tolgases.com/

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 55,835,490 shares in 1998 at an IPO price of 500.

INDUSTRY: MANUFACTURERS

ISN: TZ1996100024

DATE LISTED: 29th Sept,2006

IPO PRICE (TZS): 435

website: www.twigacement.com/en

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 (32.5R), Twiga Plus+ (42.5N) and Twiga Ordinary (42.5N). 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.

INDUSTRY: MANUFACTURING

ISN: TZ1996100065

DATE LISTED: 17th Dec, 1999

IPO PRICE (TZS): 330

website: africanfinancials.com/company/tz-tatepa/

TATEPA is a Tanzania-based holding company listed on DSE in December 1999. 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.

INDUSTRY: TELECOMMUNICATION

ISN:TZ1996102715

DATE LISTED: 2017

IPO PRICE (TZS): 850

website: www.vodacom.co.tz/en/

Vodacom Tanzania is a subsidiary of Vodacom Group Limited, 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.

A telecommunication company with leading market share (31% as at June 2016).  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 560,000,100 shares at an IPO price of TZS 850.

Vodacom Tanzania offers a wide variety of innovative products and offerings including Voice, data, messaging services, mobile money (M pesa) and etc.

INDUSTRY: BANK

ISN: TZ1996102343

DATE LISTED: 

IPO PRICE (TZS):

STATUS: SUSPENDED

website: www.yetumfplc.co.tz/

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