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Scancem nears 75 percent stake in Tanzania’s Tanga Cement after Sh13.3 billion block trade

By  Josephine Christopher

Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers

Mwananchi Communications Limitted

Dar es Salaam. Tanga Cement PLC (TCCL) shares dominated trading on the Dar es Salaam Stock Exchange (DSE) last week after a multi-billion-shilling block deal brought Scancem International DA closer to its target of acquiring a larger stake in the cement manufacturer.

On Thursday, August 7, 2025, a pre-arranged block trade of 5,852,926 shares worth Sh13.3 billion was executed on the TCCL counter, according to market data.

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