Africa Matters

TCC shareholders set for 23 percent increase in dividend

Summary The firm announced on Monday thatĀ its gross profit jumped by 16.2 percent to Sh69.2 billion in 2022 from Sh59.6 billion in 2021 Dar es Salaam. Tanzania Cigarette Public Limited Company (TCC Plc) has increased its dividend for shareholders by 23 percent after the company braved challenges to register double-digit growth in profitability. The firm said yesterday that its…

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