PLANS are underway for privatized companies with government shares to list on the Dar es
Finance and Economic Affairs Deputy Minister Mwigulu Nchemba said he had instructed the Treasury Registrar to consult with the
He was responding to a supplementary question from Peter Serukamba (Kigoma Urban - CCM) who wanted to know when the government would sell its shares in
The government has 31.8 per cent shares in NMB, one of the two largest banks in
The deputy minister said there were indications of foul play in some of the privatized companies for not listing on the stock exchange despite various incentives in place to attract them to do so."
There is an indication that something is being hidden with regard to the operations of the companies," he said.
Earlier, Mr Nchemba had said that private companies operating in the country were not obliged to list on the stock exchange, saying listing was an individual firm's decision.
He was responding to Mr Richard Ndassa (Sumve - CCM), who wanted to know why large private companies in telecommunications, mining, banks and beverage industries had not listed on the Dar es
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