{"id":18655,"date":"2020-11-16T20:02:11","date_gmt":"2020-11-16T20:02:11","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=18655"},"modified":"2020-11-16T20:02:11","modified_gmt":"2020-11-16T20:02:11","slug":"nicol-to-hold-shareholders-meeting-next-saturday","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday","title":{"rendered":"NICOL TO HOLD SHAREHOLDERS\u2019 MEETING NEXT SATURDAY"},"content":{"rendered":"

AfricaPress-Tanzania:<\/strong> NATIONAL Investments Company Limited (Nicol) will on Saturday this week meet with its shareholders to discuss several issues pertaining to the development of their company.<\/p>\n

According to the company\u2019s statement, the meeting to be conducted virtually will receive, discuss and authorise directors and financial reports for the year that ended December last year and dividends of the half year for the fiscal year ending 2020.<\/p>\n

\u201cShareholders will be provided with a link so that they can follow the meeting through their computers and mobile phones. We request all of them to attend this crucial meeting,\u201d it stated.<\/p>\n

Another agenda, according to the statement, is the approval of the dividends of 10\/- per share.<\/p>\n

The meeting will receive and authorise directors\u2019 payments, receive and authorise auditors of the fiscal year ending 2020.<\/p>\n

\u201cWe encourage all shareholders to attend this meeting on Saturday which will be done online.\u00a0If they have questions, then it will be an opportunity for them to ask those questions so that Nicol management may answer them,\u201d stated the statement.<\/p>\n

Recently, Nicol succeeded in providing three year\u2019s dividends to its shareholders which indicated that the company was on track for more achievements to come under the new management.<\/p>\n

The company\u2019s statement said the dividends for 2016, 2017 and 2018 had been paid to all members through their bank accounts.<\/p>\n

The company was established in 2001 by few shareholders who have been contributing money to enable citizens to own the economy.<\/p>\n

Since its establishment, Nicol did not provide dividends until when shareholders complained about it, which resulted in an election in 2012 and Dr Gideon Kaunda emerged the new Nicol Board Chairman.<\/p>\n

Nicol also paid all debt accumulation and government tax amounting to 1.5bn\/-. To ensure its shareholders enjoy good dividends, Nicol management has put in place different strategies to boost the company and contribute to the country\u2019s economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Tanzania: NATIONAL Investments Company Limited (Nicol) will on Saturday this week meet with its shareholders to discuss several issues pertaining to the development of their company. According to the company\u2019s statement, the meeting to be conducted virtually will receive, discuss and authorise directors and financial reports for the year that ended December last year and […]<\/p>\n","protected":false},"author":84,"featured_media":18636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[5784,482],"class_list":["post-18655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-gideon-kaunda","tag-nicol"],"yoast_head":"\nNICOL TO HOLD SHAREHOLDERS\u2019 MEETING NEXT SATURDAY - Tanzania<\/title>\n<meta name=\"description\" content=\"NATIONAL Investments Company Limited (Nicol) will on Saturday this week meet with its shareholders to discuss several issues pertaining\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NICOL TO HOLD SHAREHOLDERS\u2019 MEETING NEXT SATURDAY\" \/>\n<meta property=\"og:description\" content=\"NATIONAL Investments Company Limited (Nicol) will on Saturday this week meet with its shareholders to discuss several issues pertaining\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-16T20:02:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/11\/1156e9b660a4ab180a444aa9b0f6a385.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NICOL TO HOLD SHAREHOLDERS\u2019 MEETING NEXT SATURDAY\",\"datePublished\":\"2020-11-16T20:02:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/11\/1156e9b660a4ab180a444aa9b0f6a385.jpg\",\"keywords\":[\"Gideon Kaunda\",\"NICOL\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/nicol-to-hold-shareholders-meeting-next-saturday\",\"name\":\"NICOL TO HOLD SHAREHOLDERS\u2019 MEETING NEXT SATURDAY - 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