Tanga Cement reports stronger sales growth in 2025
Tanga Cement reported strong sales growth in 2025 as higher cement demand and improved operational efficiency supported a recovery in financial performance, according to its lat...
Tanga Cement
40 posts · Page 1 of 4
Tanga Cement refinances
Tanga Cement Plc has secured a 16-month moratorium on loan repayments from its majority shareholder Heidelberg Materials AG, providing the loss-making firm with vital breathing ...
Judge blocks acquisition of Tanga Cement in Tanzania
The proposed acquisition of AfriSam subsidiary, Tanga Cement , by Heidelberg Material 's Scancem International DA has hit a snag as a tribunal judge ruled a decision to accept t...
Lawrence Masha resigns as Tanga Cement board chairman
Lawrence Masha has left the board of Tanga Cement Co Ltd. In a statement to the Dar es Salaam Stock Exchange, the company said:”Shareholders are advised that Tanga Cement PLC an...
HeidelbergCement agrees to 68% stake in Tanga Cement
HeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement. The step aims to strengthen its local business and c...
Tanga Cement sees net loss widen in 1H21
Tanzania’s Tanga Cement saw its net loss widen to TZS7.8bn (US$3.38m) in the first half of 2021, compared with a TZS5.2bn loss in the year-ago period. Around TZS2.6bn has been a...
Tanga Cement's Board Chairman forecasts strong infrastructure demand in 2021
Tanga Cement PLC's Board Chairman, Lawrence Masha, gave an upbeat outlook on the company's prospects because of the government’s heavy infrastructure projects and investments. A...
Tanga Cement continues plans for Arusha plant
Tanga Cement has said talks with the government regarding its new cement grinding plant in Arusha, Tanzania, are still in progress. The factory will be able to produce between 5...
Tanga Cement sees 1H sales slip 1%, net loss widens
Tanzania-based Tanga Cement saw its first-half sales edge down by one per cent YoY to TZS97.63bn (US$42.4m) in 2019 from TZS98.88bn in the1H18, according to the company’s unaudi...
Tanga Cement sees 25% increase in revenue for 2018
Tanzania’s Tanga Cement reported a 25 per cent YoY increase in revenue to TZS215bn (US$93.56m) for 2018, up from TZS172bn in the previous year. Gross profit rose 91 per cent to ...