INCORPORATION AND LISTING OF NICOL
National Investments Company Limited (NICOL) is a Limited Liability Public Company registered in the United Republic of Tanzania. Its main goal is to economically empower ordinary citizens by acquiring a stake in the economy of Tanzania through the establishment, or acquisition and management of selected viable economic ventures in various sectors of the economy.
NICOL was initially formed in 1999 by canvassing support from various individuals. This initiative progressively gained the support of many Tanzanians, leading to its incorporation as a limited public company under the Companies Act, on 27th June 2001, with registration number 41664.
The Company provides services anchored in transparency, efficiency, commitment, integrity and accountability to the shareholders and general public. The core value of the company are:
1) Transparency – to have a work culture where employees rigorously communicate with their peers and exchange ideas and thoughts, which progressively builds up and maintains trust and respect.
2) Integrity – Honesty and adherence to the codes of conduct that sustains high regard in the eyes of the public nationally and internationally.
2) Professionalism - To act professional in all actions and dealings with our shareholders, clients and partners.
To mobilizing resources from the public and participates in viable economic ventures through equity ownership and investments using the most cost-effective management systems and technology, highly qualified and motivated personnel.
To be the leading Collective Investment Scheme in Tanzania with active participation of local indigenes in the in the management and control of the National economy.