Tanzania Breweries Limited, also referred to as TBL, is the oldest and largest brewing company in Tanzania.
Overview
Tanzania Breweries Limited is a
Tanzania
Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...
based company principally engaged in the production, distribution and sale of malt beer, non-alcoholic malt beverages and alcoholic fruit beverages in Tanzania.
TBL's headquarters are located in Dar es Salaam, Tanzania it operates four breweries in
Dar es Salaam
Dar es Salaam (; from ar, دَار السَّلَام, Dâr es-Selâm, lit=Abode of Peace) or commonly known as Dar, is the largest city and financial hub of Tanzania. It is also the capital of Dar es Salaam Region. With a population of over s ...
,
Arusha
Arusha City is a Tanzanian city and the regional capital of the Arusha Region, with a population of 416,442 plus 323,198 in the surrounding Arusha District Council (2012 census).
Located below Mount Meru on the eastern edge of the eastern bran ...
,
Mwanza
Mwanza City, also known as Rock City to the residents, is a port city and capital of Mwanza Region on the southern shore of Lake Victoria in north-western Tanzania. With an urban population of 1,182,000 in 2021, it is Tanzania's second largest cit ...
and
Mbeya
Mbeya is a city located in south west Tanzania, Africa. Mbeya's urban population is 620,000 according to the 2022 census. Mbeya is the capital of the surrounding rural Mbeya region (population, with Mbeya, totals approx. 2 million).
Mbeya is sit ...
. TBL is listed on the
Dar es Salaam Stock Exchange
The Dar es Salaam Stock Exchange (DSE) is a stock exchange located on Ohio Street, west of Kivukoni, south east of Dar es Salaam, the commercial capital and largest city in Tanzania. It was incorporated in September 1996 and trading started in A ...
.
History
1930 - 1959
Tanzania Breweries Limited was founded in 1933 as Tanganyika Breweries in
Tanganyika
Tanganyika may refer to:
Places
* Tanganyika Territory (1916–1961), a former British territory which preceded the sovereign state
* Tanganyika (1961–1964), a sovereign state, comprising the mainland part of present-day Tanzania
* Tanzania Main ...
(now part of Tanzania). Tanganyika Breweries was acquired by
Nairobi
Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ha ...
based Kenya Breweries Limited (KBL) in 1935. In 1936, KBL and Tanganyika Breweries operations were merged leading to the creation of the
East African Breweries Limited
East African Breweries Limited, commonly referred to as EABL, is a Kenyan-based holding company that manufactures branded beer, spirits, and non-alcoholic beverages.
Overview
The group's headquarters are located in Nairobi, Kenya, with subsi ...
(EABL).
1960 - 1989
In 1964, The company name was changed from Tanganyika Breweries Limited to Tanzania Breweries Limited following the political unification of
Tanganyika
Tanganyika may refer to:
Places
* Tanganyika Territory (1916–1961), a former British territory which preceded the sovereign state
* Tanganyika (1961–1964), a sovereign state, comprising the mainland part of present-day Tanzania
* Tanzania Main ...
and the
People's Republic of Zanzibar and Pemba
The People's Republic of Zanzibar () was an African state founded in 1964, consisting of the islands of the Zanzibar Archipelago. It existed for less than a year before it merged with Tanganyika to create the United Republic of Tanganyika and Zan ...
to form the
United Republic of Tanzania
Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...
.
In 1967 the
Government of Tanzania
The politics of Tanzania takes place in a framework of a unitary presidential democratic republic, whereby the President of Tanzania is both head of state and head of government, and of a multi-party system. Executive power is exercised by the ...
made their first equity investment in TBL through their acquisition of 45% stake in the brewery. They later took full control of the company in 1979 as part of the government's nationalization of large industries as part of the
Arusha Declaration. After being nationalized in 1967, TBL was poorly managed and become a loss making entity.
1990 - 1999
In 1993 the Tanzanian government entered into a joint venture with
South African Breweries International (Now
SABMiller
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by Anheuser-Busch InBev. Prior to that date, it was the world's ...
) to run TBL. This was through a US$22.5 million investment in TBL by SABI, giving them SABI 50% ownership of the Company. SABMiller is the second largest and one of the most efficient brewing companies in the world. SABMiller turned TBL around with extraordinary speed, almost tripling production in the space of three years.
September 9, 1998, TBL was listed on the
DSE through a successful
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
. This made it the second listing on the bourse since its formation.
2000 - 2009
In 2002,
Diageo
Diageo plc () is a Multinational corporation, multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. It was the world's largest distiller before being overtaken by Kweich ...
backed
EABL
East African Breweries Limited, commonly referred to as EABL, is a Kenyan-based holding company that manufactures branded beer, spirits, and non-alcoholic beverages.
Overview
The group's headquarters are located in Nairobi, Kenya, with subsi ...
acquired a 20% equity stake in TBL after it (EABL) signed license agreements with South African Breweries International and agreed to issue SABI a similar share Kenya Breweries Limited. In the agreement, SABI exited the Kenyan market while EABL exited the Tanzanian market by handing over its Kibo subsidiary to TBL.
This partnership gave TBL 98% share of the market as by the year 2004.
[Tanzania Breweries Limited 2012/13 Annual Report](_blank)
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2010 to Date
In 2010, EABL ended this agreement with TBL with the option to buy a 51% stake in Serengeti Breweries, the second-biggest beer maker in Tanzania, and disposed its 20% stake in TBL for US$71.5 million through a secondary offer on the DSE in 2011.
On March 14, 2013, the TBL acquired 60% of the share capital of Dar es Salaam based Darbrew Limited for TSh 8,816 million and obtained control of the company.
As at March 31, 2013, TBL had a 74% market share of alcoholic beverages in Tanzania and was a major exporter of beer to Nile Breweries Limited
Nile Breweries Limited (NBL) is the leading beer manufacturer in Uganda.
Location
The NBL's headquarters and main brewery are in the town of Njeru in Buikwe District, approximately north-east of the central business district of Jinja, Uganda. ...
of Uganda
}), is a landlocked country in East Africa
East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...
, Crown Beverage Limited of Kenya
)
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, image_map =
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, capital = Nairobi
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, largest_city = Nairobi
, ...
and Zambia Breweries Limited of Zambia
Zambia (), officially the Republic of Zambia, is a landlocked country at the crossroads of Central Africa, Central, Southern Africa, Southern and East Africa, although it is typically referred to as being in Southern Africa at its most cent ...
all subsidiaries of SABMiller
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by Anheuser-Busch InBev. Prior to that date, it was the world's ...
.
Subsidiaries and Investments
The companies that comprise the Tanzania Breweries Limited include:
# Tanzania Breweries Limited - The flagship company of the group. Engages in the production, distribution and sale of malt beer, non-alcoholic malt beverages and alcoholic fruit beverages in Tanzania.
# Kibo Breweries Limited - 100% Shareholding - Engages in management of fixed assets. The companies within the group lease plant and machinery, motor vehicles and furniture from this unit.
# Tanzania Distilleries Limited - 65% Shareholding - Engages in the production of spirituous liquors.
# Darbrew Limited - 60% Shareholding - Engages in the production of Traditional African everages (TAB) commonly known as Opaque beer.
# Mountainside Farms Limited - 4% Shareholding - Engages in barley farming
All the companies that constitute TBL are domiciled in Tanzania.
Brands
At the moment TBL trades 11 Key brands including the following list:
# Castle Lager
Castle Lager is a South African pale lager. It is the flagship product of South African Breweries and has been recognised as the National Beer of South Africa , based on the fact that it is 100% grown and produced in the country, and for its abil ...
# Castle Lite
# Kilimanjaro Lager
# Eagle
# Balimi
# Ndovu Special Malt
# Safari Lager
# Castle Milk Stout
# Grand Malta
#Bia Bingwa
#Safari Sparkling Water
#Konyagi
Ownership
The shares of Tanzania Breweries Limited are traded on the Dar es Salaam Stock Exchange, under the symbol: TBL. The shareholding in the company's stock as at March 31, 2013 was as depicted in the table below:
Governance
Tanzania Breweries Limited is governed by a ten-person Board of Directors with Leonard Mususa serving as the Chairman of the group and Philip Redman as the Managing Director.Company Overview of Tanzania Breweries Limited - Board Members
/ref>
External links
SABMiller Homepage
EABL Homepage
Dar es Salaam Stock Exchange
See also
* Beer in Tanzania
Beer (known as ''bia'' in Swahili) and alcohol is an integral part of Tanzanian society and local brands hold a strong sense of national pride among the Tanzanian population. There is a considerable amount of brewing and drinking done in the countr ...
* Dar es Salaam Stock Exchange
The Dar es Salaam Stock Exchange (DSE) is a stock exchange located on Ohio Street, west of Kivukoni, south east of Dar es Salaam, the commercial capital and largest city in Tanzania. It was incorporated in September 1996 and trading started in A ...
* SABMiller
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by Anheuser-Busch InBev. Prior to that date, it was the world's ...
* East African Breweries
East African Breweries Limited, commonly referred to as EABL, is a Kenyan-based holding company that manufactures branded beer, spirits, and non-alcoholic beverages.
Overview
The group's headquarters are located in Nairobi, Kenya, with subsi ...
* Diageo
Diageo plc () is a Multinational corporation, multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. It was the world's largest distiller before being overtaken by Kweich ...
References
{{Anheuser–Busch InBev, state=autocollapse
SABMiller
Economic history of Tanzania
Companies listed on the Dar es Salaam Stock Exchange
Breweries of Africa
Food and drink companies established in 1933
1933 establishments in Tanganyika
Beer in Tanzania
Tanzanian brands
Manufacturing companies of Tanzania
Economy of Dar es Salaam