DSE

The Dar es Salaam Stock Exchange (DSE) is Tanzania’s principal securities exchange, playing a vital role in the country’s financial sector.

📜 History & Structure

• Founded: Incorporated on September 19, 1996, under the Capital Markets and Securities Act of 1994.

• Operations Commenced: April 15, 1998, with TOL Gases Limited as the first listed company.

• Demutualization: Transitioned to a public limited company on June 29, 2015, and self-listed on July 12, 2016, becoming the third African exchange to do so after Johannesburg and Nairobi.

🏢 Market Overview

• Location: 14th Floor, Golden Jubilee Towers, Ohio Street, Ilala, Dar es Salaam.

• Currency: Tanzanian Shilling (TZS).

• Trading Hours: Monday to Friday, 10:00 AM to 2:00 PM.

• Regulator: Capital Markets and Securities Authority (CMSA).

• Memberships: African Securities Exchanges Association and World Federation of Exchanges.

📈 Market Indices

• Tanzania Share Index (TSI): Tracks domestic company performance.

• DSE All Share Index (DSEI): Includes all listed companies, both domestic and cross-listed.

• Sectoral Indices: Include Industrial & Allied (IA) and Banks, Finance & Investment (BI).

📊 Listings & Instruments

• Listed Companies: As of the latest data, there are 27 listed companies on the DSE.

• Financial Instruments: Shares, corporate bonds, government bonds, and Real Estate Investment Trusts (REITs).

• Notable Listings: Tanzania Breweries Limited (TBL), CRDB Bank, NMB Bank, Vodacom Tanzania, and cross-listed entities like Kenya Airways and East African Breweries.

📱 Technological Advancements

• Mobile Trading Platform: Launched in August 2015 as “Soko la Hisa Kiganjani,” enabling investors to trade via mobile phones, enhancing accessibility for those in remote areas.

📊 Recent Performance (as of May 30, 2025)

• DSE All Share Index: 2,359.91 points.

• Tanzania Share Index: 4,996.99 points.

• Market Capitalization: Approximately TSh19.71 trillion.

• Daily Turnover: TSh581.8 million.

⚠️ Challenges & Initiatives

• Liquidity Constraints: The DSE faces challenges with low trading volumes, affecting market liquidity.

• Public Awareness: Efforts are ongoing to increase public participation and understanding of the stock market.

• Technological Infrastructure: Continuous improvements are being made to enhance trading systems and accessibility.