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Tanzania Market News
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[2007-01-26]  Expansion plan for Tanzania Portland Cement Company production facilities
The total installed clinker production capacity in Tanzania is about 1.2 million tons per annum. While total clinker production in Tanzania for 2004 was 1.06 million tons with a consumption of 1.22 million tons, production in 2005 rose to 1.39 million tons and the estimates for 2006 are expected to outstrip the installed clinker capacity due to the strength of the construction industry in Tanzania.

Further investments in capacity are therefore necessary.

Present Production capacity of TPCC
Through investments and different upgrades of the production equipments we have of today an annual production capacity of approx. 670,000 tons of cement, produced in compliance with Tanzanian standards and international quality requirements.

With the development of the cement demand which is foreseen, TPCC plans to increase its capacity substantially. From mid 2006 till 2009 it expects to invest around USD 100 million in such expansion. With this new investment TPCC will strengthen its position as the leading cement company in Tanzania. It will also secure the Company’s ability to cover the further domestic growth for many years to come. The new production equipment will be of the latest technology, and by this represent a major environmental improvement.
Source: (C)TANZANIA PORTLAND CEMENT



[2008-12-02]   Tanzania Breweries sales up by 21pc
[2008-11-28]   DSE market capitalization is Sh3 trillion
[2008-11-11]   Athi River Mining Firm to List On DSE
[2008-11-07]   NMB Share Price Shoots Up By Sh240 On First Day
[2008-10-16]   ARM eyes listing on Dar stock market
[2008-10-10]   NMB Adviser Postpones Allotment of Shares to Oct 17
[2008-09-19]   `Buying shares from public institutions improves incomes`
[2008-09-18]   DCB shares gain 27 pc on first day
[2008-09-11]   NMB to refund Sh37bn to would-be investors
[2008-09-09]   DSE registers low turnover
[2008-09-05]   Tanga Cement shares sharply rally this week
[2008-09-04]   Tanga Cement shares sharply rally this week
[2008-08-26]   Dar Blocks Foreigners From IPOs
[2008-08-22]   Tanzania NM Bank IPO shares on sale,to list Oct 31
[2008-08-19]   DSE Trading Falls After Brief Upswing
[2008-07-31]   NMB shares sale starts Aug 18
[2008-07-18]   Nicol Starts Trading On Low Note
[2008-07-17]   Tanzania sugar prepares for global market
[2008-07-17]   NICOL Starts Trading On Low Note
[2008-07-16]   Dar bank IPO oversubscribed
[2008-07-16]    Eleventh Company Listed On Dar Es Salaam Stock Exchange
[2008-07-16]   Dar Es Salaam Bank IPO Oversubcribed By 350 Per Cent
[2008-07-15]   DSE's Special Segment to Cater for Small Firms
[2008-06-18]   Expert identifies factors making firms fail to list with Dar bourse
[2008-06-16]   KCB is now listed at the Dar bourse
[2008-06-10]   Dar es Salaam Community Bank now goes public
[2008-05-07]   DSE integration into NPS, WAN needed
[2008-04-21]   CRDB asks shareholders to collect dividends, changes name
[2008-04-18]   Dyer & Blair Appeals to Tanzania Central Bank
[2008-02-25]   Nicol to Float Shares On Bourse
[2007-12-12]   Stock Exchange Emerges From Trough
[2007-12-05]   Dar Stock Exchange Lacklustre
[2007-11-28]   Dar Bourse Share Index Rises By 1.9
[2007-10-26]   UBA takes new name
[2007-10-23]   Bank of Africa Enters Market
[2007-10-19]   Tatepa announces interim dividend
[2007-10-10]   DSE beefs up stock trading technology
[2007-09-28]   Exim Bank to open office in Comoro
[2007-09-24]   Overseas reinsurance to blame for slow growth in local sector
[2007-09-21]   Tanzania inflation eases to 7.8 pct y/y in August
[2007-09-19]   Olympia Confident of Achieving $5.9 Million Target in Rights Issue
[2007-09-18]   Twiga Cement stops dividends, opts for $100m expansion
[2007-08-29]   TanzaniteOne Moves Head Office to Dar, Seeks Listing On DSE
[2007-08-28]   CRDB to Be Listed At Dar Bourse
[2007-08-15]   KCB to Open Third Branch
[2007-07-31]   Tanzania Ports Authority to raise container handling capacity
[2007-07-13]   EA Cables Tanzania records $4.3m revenue growth
[2007-06-27]   BoT Debt Fraud Was On Balali's Watch
[2007-06-11]   Germany offers Tanzania USD 65.7mn as budget support
[2007-05-07]   Locals to Own Shares in TanzaniteOne
[2007-04-18]   Most Citizens Have No Access to Financial Markets
[2007-04-03]   Dar's Largest Bank Profits Soar
[2007-02-15]   TPCC to expand operations and invests more than USD 100 million
[2007-02-01]   Twigacement launch its new website
[2007-01-26]   Expansion plan for Tanzania Portland Cement Company production facilities
[2007-01-26]   TPCC 40th Anniversary Celebrations