Find the attached addendum document extracts from the Business Plan particularly
addressing specific questions as per your email;
The business has been performing outstandingly; the prior years’ sales history shows continuous
positive growth, in the FY18/19 sales grew by 15% from TZS35.1Billion to TZS40.4Billion,
with a trading volume of 2,215.67 MT of Lint, 4,040.33 MT of cotton seed and 3,910 MT of rice.
They anticipate increasing their revenue by 18% due to the impact of the requested facility and
for sales to grow to TZS46.8Billion in the FY19/20 season, with a trading volume of 2,606.67
MT of Lint, 4,753.3 MT of cotton seed and 4,600MT thus attesting to both good revenues and
profits.
2. Export markets
Nyanza has specific export market for the cotton lint whereas rice is sold locally.
Moreover they have seasonal sales agreement with METL Group in Tanzania for selling
rice. METL is one of the largest home-grown companies, worth more than $1 billion with
a presence in 11 countries in Africa, such as Uganda, Ethiopia Kenya, Rwanda, Burundi
Zambia, Mozambique, Malawi, and DR Congo and of course Tanzania, find attached
sales agreement, Annexure 2.
4. Where are the operations located in Tanzania?
The company `s Head Office, Cotton Ginnery and Rice milling factories are strategically located
at Plot No. 2, Ilungu Village, Nyigogo Ward, P.O Box 31299, Magu district in Mwanza city in
Tanzania . The Plant surface size for the cotton ginnery measure 1068.07m2 whereas the plant
for the Rice factory measures 805.03m2
MAGU DISTRICT-MWANZA.
P.O. Box, 31299,
Telephone No: +255 753 235 528
E-mail: sunshineagriculture@gmail.com
The lint would be sold at an ex warehouse price , an arrangement will be made such that the
finished lint product will be made available from Mwanza warehouses which belongs us, and the
buyers will be responsible for arranging and paying for the goods to be transported to wherever
they will be taking them .
Bales Market/Sha
S/No Ginnery Delivery (kg) Produced re
29 Olam (T) Ltd 22,799,140.00 42,221.00 9%
31 S&C Ginning Co 17,152,590.00 31,764.00 6%
1 Alliance Ginneries 17,033,523.00 31,544.00 6%
18 Jambo Oil Mill 16,773,740.00 31,062.00 6%
3 Afrisian – Shinyanga 16,719,243.00 30,962.00 6%
14 Gaki Investment Co. Ltd 16,347,400.00 30,273.00 6%
22 Kahama Oil Mill 16,236,038.00 30,067.00 6%
13 Fresho Investment Co. 13,285,970.00 24,604.00 5%
26 NGS Investment Co Ltd 10,952,720.00 20,283.00 4%
8 Birchand Oil Mill Ltd. 10,551,640.00 19,540.00 4%
20 KCCL-Bukoli 9,826,240.00 18,197.00 4%
21 KCCC-Kahama 9,679,500.00 17,925.00 4%
4 Afrisian – Sangu 8,392,815.00 15,542.00 3%
27 NIDA Textile Mills 8,214,168.00 15,211.00 3%
35 Vearrian (T) Ltd - Igunga 7,265,942.00 13,455.00 3%
2 Aham Investment 6,901,348.00 12,780.00 3%
6 Badugu Ginning Co. 6,014,777.00 11,138.00 2%
16 ICK Cotton Oil 5,502,220.00 10,189.00 2%
24 Nyanza Cotton Oil Mill 5,316,210.00 9,845.00 2%
32 S.M. Holdings Ltd 4,683,396.00 8,673.00 2%
7 Biore (T) Ltd. 4,081,940.00 7,559.00 2%
34 Vitrecs Oil 4,023,500.00 7,451.00 2%
33 SHIRECU (1984) Ltd 3,995,342.00 7,398.00 1%
25 NCU (1984) Ltd 3,708,998.00 6,868.00 1%
23 MSK Solutions 3,397,399.00 6,291.00 1%
30 Roko Investment 3,061,179.00 5,669.00 1%
28 Nsagali Co Ltd 3,057,380.00 5,662.00 1%
12 Chesano 2,815,001.00 5,213.00 1%
19 KBL Enterprises Ltd 2,168,590.00 4,016.00 1%
15 Hassanal Walji 2,034,687.00 3,768.00 1%
11 Copcot Cotton Trading 1,793,670.00 3,322.00 1%
17 Intergrated Cotton Field 1,605,892.00 2,974.00 1%
5 Al Adawi – Lalago 681,980.00 1,263.00 0%
10 Biosustain 601,837.00 1,115.00 0%
9 BOFA 88,760.00 164.00 0%
266,764,775.00 494,008.00 100%
The company similarly take an approximate 5% of the market share in selling rice
production nation wide.
7. Years Since operations established
Nyanza Cotton Oil Company has been operational since 2015, when the company was bought
from its original. The company deals with two distinct lines of business which are:
1. Procurement of cotton directly from co-operatives/farmers and ginning to produce cotton
lint for export markets of China and Korea. While, cotton seeds are sold to manufacturers
locally.
2. Extraction and processing of paddy (rice milling) to obtain rice to sell to the local market