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Badilisha Lugha KISWAHILI

TCCIA to pick new board tomorrow-Kamori

22nd November 2012

The TCCIA Investment Company Limited will hold its Seventh Annual General Meeting (AGM) in Dar es Salaam tomorrow and select new board of directors.

The firm’s Chief Executive Officer (CEO), Donald Kamori said in a press statement issued yesterday that the meeting will be preceded by a seminar for all shareholders.

“It is a splendid opportunity for shareholders to select their new office bearers whose term normally expires after three years,” he said, calling on the shareholders to turn up in big numbers.

According to Kamori, TCCIA Investment Company Limited is the commercial arm of the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA).

“Once, again I appeal to all shareholders countrywide to fully utilise their rights to attend the crucial annual meeting, contribute ideas and select leaders to run the firm for another three years,” he stressed.
He said the company has kept growing in capital from 1.9bn/- in 2005 to 6.73bn/- to-date.

 “We first started to invest in only National Microfinance Bank (NMB)…, but now the company has investmenints in Tanzania Breweries Limited, Dar es Salaam Community Bank, CRDB Bank, Tanzania Cement Company (Simba), Tanzania Portland Cement Company Limited (Twiga), Swissport  and Tanzania Cigarette Company,” he said.

Kamori said the firm’s investment base has also grown steadily hence increasing the company’s income.

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