DAR ES SALAAM STOCK EXCHANGE
Market Report
Tuesday, 02
nd
December 2025
DSE recorded a total turnover of TZS 1,567.28 million from 803,457 shares traded in 1,249 deals, TZS 27.52 million from 90,803
ETF shares traded in 246 deals; and TZS 40.72 billion from bonds traded in 32 deals.
On the Block Trade Pr e-arranged Market board, KCB counter traded a block of 199,755 shares, while NMB counter traded a block
of 50,000 shares.
On the Normal Board, AFRIPRISE counter had 7,560 shares traded at a weighted average price of TZS 440 per share in 72
deal(s). CRDB counter had 565,078 shares traded at a weighted average price of TZS 1,150 per share in 731 deal(s). DCB
counter had 71,048 shares traded at a weighted average price of TZS 230 per share in 79 deal(s). DSE counter had 1,745 shares
traded at a weighted average price of TZS 5,830 per share in 24 deal(s). MBP counter had 3,035 shares traded at a weighted
average price of TZS 595 per share in 21 deal(s). MCB counter had 2,587 shares traded at a weighted average price of TZS 470
per share in 15 deal(s). MKCB counter had 1,475 shares traded at a weighted average price of TZS 2,300 per share in 20 deal(s).
NICO counter had 6,145 shares traded at a weighted average price of TZS 1,340 per share in 58 deal(s). NMB counter had
47,429 shares traded at a weighted average price of TZS 8,090 per share in 49 deal(s). PAL counter had 1,849 shares traded at a
weighted average price of TZS 250 per share in 34 deal(s). SWIS counter had 836 shares traded at a weighted average price of
TZS 1,600 per share in 7 deal(s). TBL counter had 1,621 shares traded at a weighted average price of TZS 8,100 per share in 19
deal(s). TCC counter had 330 shares traded at a weighted average price of TZS 9,850 per share in 2 deal(s). TCCL counter had
470 shares traded at a weighted average price of TZS 2,310 per share in 8 deal(s). TOL counter had 5,161 shares traded at a
weighted average price of TZS 900 per share in 10 deal(s). TPCC counter had 7,035 shares traded at a weighted average price of
TZS 5,940 per share in 24 deal(s). TTP counter had 110 shares traded at a weighted average price of TZS 440 per share in 3
deal(s). VODA counter had 29,943 shares traded at a weighted average price of TZS 580 per share in 72 deal(s).
On the ETF Board, VERTEX-ETF counter had 90,803 shares traded at a weighted average price of TZS 305 per share in 246
deal(s).
On the Government Bonds Board, a 5-year bond with a coupon rate of 12.75% and a face value of TZS 11.01 bln was traded at prices of
107.4234% and 117.0001% in 2 deal(s), a 15-year bond with a coupon rate of 11.15% and a face value of TZS 10.00 bln was traded at
prices of 96.1153%, 105.5810%, 105.5813%, 119.9769% and 121.6304% in 1 deal(s), a 15-year bond with a coupon rate of 14.50%
and a face value of TZS 6.54 bln was traded at prices of 96.1153%, 105.5810%, 105.5813%, 119.9769% and 121.6304% in 4 deal(s), a
20-year bond with a coupon rate of 12.10% and a face value of TZS 0.05 bln was traded at prices of 100.0000%, 105.0000%,
110.0000%, 115.0000%, 118.0605%, 118.4001%, 118.5000%, 123.0000%,123.9425%, 127.3141% and 128.1610% in 1 deal(s), a 20-
year bond with a coupon rate of 14.00% and a face value of TZS 9.50 bln was traded at prices of 100.0000%, 105.0000%, 110.0000%,
115.0000%, 118.0605%, 118.4001%, 118.5000%,123.0000%, 123.9425%, 127.3141% and 128.1610% in 3 deal(s), a 20-year bond
with a coupon rate of 15.25% and a face value of TZS 0.10 bln was traded at prices of 100.0000%, 105.0000%, 110.0000%,
115.0000%, 118.0605%, 118.4001%,118.5000%, 123.0000%, 123.9425%, 127.3141% and 128.1610% in 2 deal(s), a 20-year bond
with a coupon rate of 15.49% and a face value of TZS 2.07 bln was traded at prices of 100.0000%, 105.0000%, 110.0000%,
115.0000%, 118.0605%,118.4001%, 118.5000%, 123.0000%, 123.9425%, 127.3141% and 128.1610% in 9 deal(s), a 25-year bond
with a coupon rate of 15.00% and a face value of TZS 0.16 bln was traded at prices of 100.0000%, 102.0000%, 111.2721%,
114.8782%, 115.0000%, 123.7936%, 135.1055% and 135.6291% in 3 deal(s), a 25-year bo nd with a coupon rate of 15.75% and a face
value of TZS 0.47 bln was traded at prices of 100.0000%, 102.0000%, 111.2721%, 114.8782%,115.0000%, 123.7936%, 135.1055%
and 135.6291% in 2 deal(s), a 25-year bond with a coupon rate of 15.95% and a face value of TZS 0.83 bln was traded at prices of
100.0000%, 102.0000%, 111.2721%, 114.8782%, 115.0000%,123.7936%, 135.1055% and 135.6291% in 5 deal(s).
There was no activity in the Corporate Bonds segment.
Equities Market Turnover (in million TZS)
02 Dec 25 Oct -Dec 25 Jul -Sept 25 Oct -Dec 24
Total Turnover 1,826.96 83,118.08 248,636.47 101,122.13
Turnover from Shares Bought by 0.01 15,775.33 49,034.28 4,031.66
Foreign Investors:
%Buying Local Investors 100.00 81.02 80.28 96.01
%Buying Foreign Investors 0.00 18.98 19.72 3.99
Turnover from Shares Sold by 259.68 29,656.40 114,911.38 31,158.83
Foreign Investors:
%Selling Local Investors 85.79 64.32 53.78 69.19
%Selling Foreign Investors 14.21 35.68 46.22 30.81
ETF Market Turnover (in million TZS)
02 Dec 25 Oct -Dec 25 Jul -Sept 25 Oct -Dec 24
Total Turnover 27.52 2,898.58
Turnover from Shares Bought by 0.00 3.91
Foreign Investors:
%Buying Local Investors 100.00 99.87
%Buying Foreign Investors 0.00 0.13
Turnover from Shares Sold by 0.00 0.00
Foreign Investors:
%Selling Local Investors 100.00 100.00
%Selling Foreign Investors 0.00 0.00
Value of Government Bonds Traded (in billions TZS)
02 Dec 25 Oct - Dec 25 Jul - Sept 25 Oct - Dec 24
Face Value
Transaction Value
40.72
45.03
1,180.67
1,299.07
1,525.19
1,614.61
946.48
994.64
Value of Corporate Bonds Traded (in Million TZS)
02 Dec 25 Oct - Dec 25 Jul - Sept 25 Oct - Dec 24
Face Value
Transaction Value
0
0
1,266.30
1,200.30
2,299.10
2,193.11
1,129.26
999.78
Key Market Indicators:
02 Dec 25 28 Nov 25 31 Dec 24
Total Market Capitalisation (TZS bln) 22,341.84 22,312.50 17,868.17
Domestic Market Capitalisation (TZS bln) 13,927.26 13,897.92 12,243.37
ETF Market Capitalisation (TZS bln)
10.37 0 0
Outstanding Government Bonds (TZS bln)
29,02 5.17 29,704.84
25,215.23
Outstanding Corporate Bonds (TZS bln)
176.24 176.24 59.07
Outstanding Sustainable Bonds (TZS bln)
459.04 459.04 459.04
Outstanding Sustainable Bonds (USD mln)
186.05 153.74 73.00
Outstanding Sub-national Bonds (TZS bln)
53.12 53.12
53.12
Outstanding Sukuk Bonds (TZS bln)
301.54 175.64 11.04
Outstanding Infrastructure Bonds (TZS bln)
323.09 323.09 0
All Share Index (DSEI) 2,571.58 2,568.20 2,139.73
Tanzania Share Index (TSI) 5,148.20 5,137.35 4,618.78
Industrial & Allied (IA) 4,118.89 4,124.00 5,044.80
Banks, Finance & Investment (BI) 9,352.05 9,307.76 5,783.87
Commercial Services (CS) 1,654.63 1,654.63 2,138.48
Exchange Rate:
02 Dec 25 28 Nov 25 31 Dec 24
TZS/USD (BOT Mean Rate) 2,436.71 2,437.31 2,394.76
TZS/KE (BOT Mean Rate) 18.82 18.76 18.53
TZS/GBP (BOT Mean Rate) 3,234.73 3,226.76 3,015.60
S. MREMA
For: CHIEF EXECUTIVE OFFICER
Dar es Salaam Stock Exchange
Box 70081,
2nd Floor, Exchange Tower, NHC Morocco Square, Dar es Salaam
Division: Equity & Fixed Income Markets
Web: www.dse.co.tz
Fax: +255 22 2133849
Tel: 255 22 2123983
Email: info@dse.co.tz
EQUITY DAILY PRICES
DATE: 02-December-2025
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
AFRIPRISE
420
440
470
420
72
7,560
64.26
6,142
8,263
CRDB
1,150
1,150
1,180
1,140
731
565,078
3,003.61
350,511
441,824
DCB
255
230
250
220
79
71,048
44.06
9,382
86,758
DSE
5,780
5,830
5,850
5,770
24
1,745
138.89
993
119
EABL
4,160
4,160
0
0
0
0
3,289.62
0
0
JATU
265
265
0
0
0
0
5.28
0
0
JHL
6,400
6,400
0
0
0
0
463.83
0
0
KA
105
105
0
0
0
0
596.55
0
0
KCB
1,350
1,350
0
0
1
199,755
4,009.96
0
0
MBP
600
595
630
550
21
3,035
17.84
0
3,490
MCB
500
470
560
465
15
2,587
29.06
10,025
5,580
MKCB
2,300
2,300
2,400
2,300
20
1,475
54.18
3,333
3,717
MUCOBA
400
400
0
0
0
0
13.07
60
0
NICO
1,380
1,340
1,360
1,300
58
6,145
82.60
12,063
14,192
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
8,070
8,090
8,130
8,030
50
97,429
4,045.00
16,556
500
NMG
280
280
0
0
0
0
52.79
0
0
PAL
250
250
275
250
34
1,849
40.12
1,131
0
SWALA
450
450
0
0
0
0
47.79
0
0
SWIS
1,540
1,600
1,600
1,600
7
836
57.60
2,281
2,261
TBL
8,000
8,100
8,110
8,050
19
1,621
2,389.95
603
0
TCC
9,800
9,850
9,850
9,850
2
330
985.00
11,075
0
TCCL
2,400
2,310
2,370
2,250
8
470
441.24
1,827
18,766
TOL
875
900
1,000
875
10
5,161
51.76
705
4,904
TPCC
5,910
5,940
5,950
5,920
24
7,035
1,068.74
70
6,310
TTP
450
440
440
440
3
110
41.83
0
8,074
USL
5
5
0
0
0
0
1.82
0
0
VODA
590
580
595
575
72
29,943
1,299.20
60,377
13,881
YETU
510
510
0
0
0
0
6.18
0
0
Total
1,250
1,003,212
22,341.84
Dar es Salaam Stock Exchange
Box 70081,
2nd Floor, Exchange Tower, NHC Morocco Square, Dar es Salaam
Division: Equity & Fixed Income Markets
Web: www.dse.co.tz
Fax: +255 22 2133849
Tel: 255 22 2123983
Email: info@dse.co.tz
ETF DAILY PRICES
DATE: 02-December-2025
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
VERTEX-ETF
300
305
310
300
246
90,803
10.37
46,818
52,523
Total
246
90,803
10.37
Dar Es Salaam Stock Exchange
Box 70081,
2nd Floor, Exchange Tower, NHC Morocco Square, Dar es Salaam
Division:Equity & Fixed Income Markets
Web: www.dse.co.tz
Fax: +255 22 2133849
Tel: 255 22 2123983
Email: info@dse.co.tz
Daily Price Information
Bond No.
Term
(Years)
Coupon
(%)
Issue Date Maturity Date DealsTrade Date
Amount
(Bln TZS)
Price
(%)
Yield
670 15 14.50 27/02/2025 24/02/2040 102/12/2025
0.44000
119.9769 12.0868
670 15 14.50 27/02/2025 24/02/2040 102/12/2025
0.05000
105.5810 14.1986
670 15 14.50 27/02/2025 24/02/2040 102/12/2025
0.05000
105.5813 14.1986
670 15 14.50 27/02/2025 24/02/2040 102/12/2025
6.00000
121.6304 11.8704
669 20 15.25 13/02/2025 08/02/2045 102/12/2025
0.06640
128.1610 12.0639
669 20 15.25 13/02/2025 08/02/2045 102/12/2025
0.03360
128.1610 12.0639
504 20 15.49 22/05/2019 22/05/2039 102/12/2025
0.00500
105.0000 14.7039
504 20 15.49 22/05/2019 22/05/2039 102/12/2025
0.02230
115.0000 13.1553
556 20 15.49 10/02/2021 11/02/2041 102/12/2025
0.02000
100.0000 16.3385
673 5 12.75 16/07/2025 17/07/2030 102/12/2025
0.01000
117.0001 9.4376
673 5 12.75 16/07/2025 17/07/2030 102/12/2025
10.99500
107.4234 11.9991
675 25 15.00 07/08/2025 07/08/2050 102/12/2025
0.02000
115.0000 13.5465
675 25 15.00 07/08/2025 07/08/2050 102/12/2025
0.11800
123.7936 12.4883
675 25 15.00 07/08/2025 07/08/2050 102/12/2025
0.02500
111.2721 14.0424
603 20 12.10 27/07/2022 28/07/2042 102/12/2025
0.04800
100.0000 12.7066
544 20 15.49 17/09/2020 24/09/2040 102/12/2025
0.06000
115.0000 13.6114
540 20 15.49 23/07/2020 23/07/2040 102/12/2025
1.00000
123.9425 12.5044
520 20 15.49 07/11/2019 07/11/2039 102/12/2025
0.13000
123.0000 12.1775
520 20 15.49 07/11/2019 07/11/2039 102/12/2025
0.07000
118.5000 12.7758
520 20 15.49 07/11/2019 07/11/2039 102/12/2025
0.75000
100.0000 15.6757
561 25 15.95 22/04/2021 22/04/2046 102/12/2025
0.05000
114.8782 13.8417
561 25 15.95 22/04/2021 22/04/2046 102/12/2025
0.25000
100.0000 16.1071
561 25 15.95 22/04/2021 22/04/2046 102/12/2025
0.15000
100.0000 16.1071
566 20 15.49 08/07/2021 08/07/2041 102/12/2025
0.00800
110.0000 12.7466
568 25 15.95 05/08/2021 05/08/2046 102/12/2025
0.36600
135.1055 11.9934
568 25 15.95 05/08/2021 05/08/2046 102/12/2025
0.01000
100.0000 16.8362
666 25 15.75 08/01/2025 09/01/2050 102/12/2025
0.45600
135.6291 11.9972
666 25 15.75 08/01/2025 09/01/2050 102/12/2025
0.01200
102.0000 16.4640
646 15 11.15 21/09/2023 21/09/2038 102/12/2025
10.00000
96.1153 6.8732
678 20 14.00 04/09/2025 04/09/2045 102/12/2025
1.00000
127.3141 11.0028
678 20 14.00 04/09/2025 04/09/2045 102/12/2025
8.00000
118.4001 11.9948
678 20 14.00 04/09/2025 04/09/2045 102/12/2025
0.50000
118.0605 12.0351
Bond No.
Term
(Years)
Coupon
(%)
Issue Date Maturity Date DealsTrade Date
Amount
(Bln TZS)
Price
(%)
Yield
40.71530 32
Total