National Investment Company Limited (Nicol) will diversify its investments as it seeks a cushion
Ministry of Finance and Planning, deputy permanent secretary Dr Khatibu Kazungu.
In Summary
- Currently, about 90 per cent of
Nicol’s investment is based on its ownership of a 6.6 per cent stake of
NMB Bank Plc. The company has also invested in DSE Plc, Vodacom Plc, TBL
and in other listed companies.
By Hellen Nachilongo @musanachi60 hnachilongo@tz.nationmedia.com
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