Wednesday, August 17, 2011

Tanzania Stock Exchange Suspends Nicol From Trading Its Shares for a Month

The Dar es Salaam Stock Exchange suspended National Investment Co. from trading for one month after the Tanzanian company failed to submit its financial results for 2009 and 2010.


The suspension takes effect today, the Dar es Salaam-based bourse said in a statement published in the Daily News newspaper today.

To contact the reporter on this story: David Malingha Doya in Dar es Salaam at dmalingha@bloomberg.net
To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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