National Investments Company Limited Tanzania

Overview

National Investments Company Limited Tanzania (NICOL) is a Tanzanian investment company headquartered in Dar es Salaam. Incorporated in June 2003 as National Investments Company (NICO), it was one of the first companies listed on the Dar es Salaam Stock Exchange in 2004. The company primarily invests in securities and manages a diverse portfolio across various sectors, including manufacturing, financial services, telecommunications, agriculture, mining, and real estate. NICOL also owns active subsidiaries, such as Tanzania Meat Company Limited, which operates an abattoir in Dodoma. In 2011, NICOL was delisted from the Dar es Salaam Stock Exchange due to non-compliance with financial reporting requirements. However, the company re-emerged in 2017, declaring its first dividend after a decade of operations. This was followed by a successful re-listing on the Dar es Salaam Stock Exchange in June 2018. The company's investment strategy encompasses a range of stages, from early-stage ventures to buyouts and distressed assets, reflecting its comprehensive approach to portfolio management. NICOL's mission is to develop and increase active participation of local Tanzanians in the management and control of the national economy. By mobilizing resources from the public and participating in viable economic ventures through equity ownership and investments, the company aims to contribute significantly to Tanzania's economic development. Its diverse investment focus and strategic approach underscore its commitment to fostering growth and stability within the Tanzanian economy.

Investment Focus

• Compliance with Tanzanian investment regulations
• Alignment with NICOL's strategic sectors
• Potential for sustainable growth and profitability

Portfolio Companies