SOLOMON Stockbrokers Ltd

NMB Pays The Government TZS 16.5 Billion As Dividend

19th June, 2015

The NMB Managing Director – Ineke Bussemaker hands over a dummy cheque of TZS 16.5 Billion to the minister of Finance – Saada Mkuya as the government’s dividend from the bank after a net profit after tax of TZS 155.6 Billion in 2014. The board of directors then approved TZS 52 Billion as dividend to shareholders. The government being the second largest shareholder with 31% had a dividend of TZS 16.5 Billion.

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