Francis Ramadhan

Hatua za uwekezaji na hisa DSE: MCB

Soko: Limefungwa DSE (Dar es Salaam)
Soko lina matumaini
Aug 06, 2026, EAT
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Francis Ramadhan

Board Chairman, Mwalimu Commercial Bank (MCB)

Chairman of the Board of Mwalimu Commercial Bank PLC, the Dar es Salaam-listed lender majority-owned by the Tanzania Teachers' Union. Led MCB's 2026 rights issue, a 3-for-1 share offer at a steeply discounted TZS 110 that raised TZS 20.4 billion to strengthen the bank's capital base.

1 hatua 1 hisa DSE
Tarehe Maelezo Inaweza kuathiri
May 6, 2026
Launched MCB's TZS 20.4bn Rights Issue at Steeply Discounted TZS 110/Share
Uzinduzi Imekwisha TZS 20.4 billion raised
MCB Board Chairman Francis Ramadhan launched the bank's rights issue offering 185,474,760 new shares at TZS 110 each on a three-for-one ratio, a sharp drop from the prior TZS 1,700-1,800 range, aimed at strengthening the bank's capital base, expanding lending capacity and accelerating digital banking investment.