DAR ES SALAAM, July 22 -- THE Afriprise Investment Board of Directors has proposed a dividend of 18/- per share for the last financial year, up from 13/- per share the year before.

The proposed dividend represents 77 per cent of the companys profit after tax and is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Afriprise Chairman, Mr Fortunatus Magambo, said the proposed dividend underscores the companys financial strength and commitment to delivering consistent shareholder value.

“This proposal reflects our confidence in the companys performance and our dedication to rewarding shareholders,” he said.

Mr Magambo attributed the growth to improved operational efficiency and favourable capital m...