Ernest S. Massawe

DSE investment actions: TOL

Market: Closed DSE (Dar es Salaam)
Hali tulivu
Jul 09, 2026, EAT
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Ernest S. Massawe

Founder of EY Tanzania (formerly)

Former managing partner of EY Tanzania and former chairman of the Tanzania Association of Accountants. Controls 33.35% of TOL Gases via personal and Erncon Holdings stakes.

1 actions 1 DSE stocks
Date Details May affect
Feb 6, 2026
Controls 33.35% of TOL Gases via Personal and Erncon Holdings Stakes
Hold Actioned $7.4 million
Ernest S. Massawe is the controlling figure behind TOL Gases, holding influence through both a personal 16.72% stake and his vehicle Erncon Holdings' 16.63% stake. His combined portfolio is valued at $7.4 million.