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The Economic Shield of The Nation

NICOL was formed in 1999 by the support from various individuals with a purpose of empowering ordinary citizens economically by acquiring a stake in viable economic ventures through joint ownership. This initiative progressively after two years. The current pgained the support of many Tanzanians, leading to its incorporation as a company with registration number 41644 on 27th June 2001. The company’s shareholding structure is composed of over 25,000 shareholders including retail investors, institutional investors, cooperative groups, domestic and foreign Investors.

Mission

To be the leading Collective Investment Scheme in the country, mobilizing resources from the public and participating in viable economic ventures through equity ownership and investments using the most cost-effective management systems and technology, highly qualified and motivated personnel.

Vision

To develop and increase the participation of local Tanzanians in the management and control of the National economy.

Our Values

Transparency

P1

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.

Integrity

P2

Honesty and adherence to the codes of conduct that sustains the high regard in the eyes of the public nationally and internationally.

Professionalism

P3

To act professional in all actions and dealings with our shareholders, clients and partners.