TOL Gases - Dar Es Salaam, Tanzania

TOL Gases Limited formerly known as Tanzania Oxygen Limited is a public company with shares listed in the Dar es Salaam Stock Exchange and has been a pioneer in the gas industry in Tanzania for several decades. It is the leading manufacturer and distributor of industrial and medical gases in Tanzania.
TOL Gases Limited was established in 1950 as a branch of the African Oxygen and Acetylene Company (AFROX) of South Africa. In 1965 the Company became the branch of East Africa Oxygen Limited of Kenya which was a part of BOC gases Group. In 1986 BOC divested from Tanzania as part of its re – organisation and offered its stake to the Government and therefore the Company was fully owned and Managed by the Government.
In 1998 the Government of Tanzania sold majority of its shares through Dar  

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Es Salaam stock exchange as part of its policy to disengage from running the economy. Tanzania Oxygen then became a private listed company with Government of Tanzania still holding minority shares. The name then changed to TOL Limited and finally TOL Gases Limited. Headquartered in Dar es Salaam, the Company operates two branches in Mwanza and Tukuyu plus a distribution network in all regions in Tanzania.