Tanzania Breweries Limited
The Home of Fine Beer
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| Public | |
| Traded as | : |
| Industry | Brewing, Beverage |
| Founded | 1933 |
| Headquarters | Dar es Salaam, Tanzania |
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Key people
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Cleopa Msuya Chairman of the Board Roberto Jarrin Managing Director |
| Products | Beer, Wines and Spirits |
| Revenue |
 TSh 892 Billion (March 2013)
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TSh 176 Billion (March 2013)
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| Total assets |
TSh 738 Billion (March 2013)
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| Total equity |
TSh487Billion (March 2013)
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Number of employees
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1,742 |
| Parent | SABMiller |
| Website | TBL on SABMiller |
Tanzania Breweries Limited, also referred to as TBL, is the oldest and largest brewing company in Tanzania.
Tanzania Breweries Limited is a Tanzania based company principally engaged in the production, distribution and sale of malt beer, non-alcoholic malt beverages and alcoholic fruit beverages in Tanzania.
TBL's headquarters are located in Dar es Salaam, Tanzania it operates four breweries in Dar es Salaam, Arusha, Mwanza and Mbeya. TBL is listed on the and is a subsidiary of SABMiller.
Tanzania Breweries Limited was founded in 1933 as Tanganyika Breweries in Tanganyika (now part of Tanzania). Tanganyika Breweries was acquired by Nairobi based Kenya Breweries Limited (KBL) in 1935. In 1936, KBL and Tanganyika Breweries operations were merged leading to the creation of the East African Breweries Limited (EABL).
In 1964, The company name was changed from Tanganyika Breweries Limited to Tanzania Breweries Limited following the political unification of Tanganyika and the People's Republic of Zanzibar and Pemba to form the United Republic of Tanzania.
In 1967 the Government of Tanzania made their first equity investment in TBL through their acquisition of 45% stake in the brewery. They later took full control of the company in 1979 as part of the government's nationalization of large industries as part of the Arusha Declaration. After being nationalized in 1967, TBL was poorly managed and become a loss making entity.
In 1993 the Tanzanian government entered into a joint venture with South African Breweries International (Now SABMiller) to run TBL. This was through a USD$22.5 million investment in TBL by SABI, giving them SABI 50% ownership of the Company. SABMiller is the second largest and one of the most efficient brewing companies in the world. SABMiller turned TBL around with extraordinary speed, almost tripling production in the space of three years.
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Wikipedia