DAR ES SALAAM STOCK EXCHANGE
Market Report
Tuesday, 25
th
March 2025
DSE recorded a total turnover of TZS 822.56 mln from 760,140 shares traded in 1,027 deals; and TZS 12.48 Billion from bond
traded in 26 deals.
On the Block Trade Pre-arranged Market board, TBL counter traded a block of 42,258 shares.
On the Normal Board, AFRIPRISE counter had 14,952 shares traded at a weighted average price of TZS 230 per share in 49
deal(s). CRDB counter had 658,878 shares traded at a weighted average price of TZS 780 per share in 761 deal(s). DCB counter
had 28,355 shares traded at a weighted average price of TZS 125 per share in 45 deal(s). DSE counter had 29 shares traded at a
weighted average price of TZS 2,440 per share in 3 deal(s). MBP counter had 30 shares traded at a weighted average price of
TZS 370 per share in 1 deal(s). MCB counter had 240 shares traded at a weighted average price of TZS 300 per share in 6
deal(s). MKCB counter had 1,177 shares traded at a weighted average price of TZS 580 per share in 12 deal(s). NICO counter had
6,750 shares traded at a weighted average price of TZS 740 per share in 62 deal(s). NMB counter had 4,540 shares traded at a
weighted average price of TZS 6,000 per share in 27 deal(s). PAL counter had 230 shares traded at a weighted average price of
TZS 360 per share in 4 deal(s). SWIS counter had 18 shares traded at a weighted average price of TZS 1,300 per share in 1
deal(s). TBL counter had 70 shares traded at a weighted average price of TZS 10,400 per share in 15 deal(s). TCC counter had
451 shares traded at a weighted average price of TZS 16,200 per share in 3 deal(s). TCCL counter had 729 shares traded at a
weighted average price of TZS 1,820 per share in 10 deal(s). TPCC counter had 1,213 shares traded at a weighted average price
of TZS 4,030 per share in 23 deal(s). VODA counter had 220 shares traded at a weighted average price of TZS 740 per share in 5
deal(s).
On the Government Bonds Board, a 15-year bond with a coupon rate of 14.50% and a face value of TZS 0.002 bln was traded at a
price of 100.0001% in 1 deal(s), a 20-year bond with a coupon rate of 15.25% and a face value of TZS 0.21 bln was traded at a
price of 100.0000% in 1 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of TZS 2.75 bln was traded at
prices of 100.0000%, 102.9587%, 103.2646%, 103.5000%, 104.0000%, 104.1014%, 107.0572%, 107.4921%,107.8747% and
111.3405% in 14 deal(s), while a 25-year bond with a coupon rate of 12.56% and a face value of TZS 0.16 bln was traded at prices
of 88.0000% and 100.0000% in 2 deal(s). Also, a 25-year bond with a coupon rate of 15.75% and a face value of TZS 0.56 bln was
traded at a price of 108.4116% in 1 deal(s), a 25-year bond with a coupon rate of 15.95% and a face value of TZS 8.22 bln was
traded at prices of 100.0000%, 105.0000%, 105.0001%, 107.0001%, 110.1936% and 113.1732% in 7 deal(s).
On the Corporate Bonds Board, a 3-year bond with a coupon rate of 12.50% and a face value of TZS 1500.00 bln was traded at a
price of 91.9998% in 1 deal(s), while a 5-year bond with a coupon rate of 10.21% and a face value of TZS 530.00 mln was traded
at a price of 90.5000% in 1 deal(s).
Equities Market Turnover (in million TZS)
25 Mar 25
Jan -Mar 25
Oct -Dec 24
Jan -Mar 24
Total Turnover
822.56
104,179.21
101,122.13
57,584.83
Turnover from Shares Bought by
0.11
10,223.06
4,031.66
4,382.94
Foreign Investors:
%Buying Local Investors
99.99
90.19
96.01
92.39
%Buying Foreign Investors
0.01
9.81
3.99
7.61
Turnover from Shares Sold by
461.56
56,274.93
31,158.83
26,195.64
Foreign Investors:
%Selling Local Investors
43.89
45.98
69.19
54.51
%Selling Foreign Investors
56.11
54.02
30.81
45.49
Value of Government Bonds Traded (in billions TZS)
25 Mar 25
Oct - Dec 24
Jan - Mar 24
Face Value
Transaction Value
11.91
12.48
946.48
994.64
949.23
970.12
Value of Corporate Bonds Traded (in Million TZS)
25 Mar 25
Oct - Dec 24
Jan - Mar 24
Face Value
Transaction Value
2,030.00
1,859.65
1,129.26
999.78
2,878.20
2,755.70
Key Market Indicators:
25 Mar 25
28 Feb 25
28 Mar 24
Total Market Capitalisation (TZS bln)
19,048.08
19,154.38
16,334.09
Domestic Market Capitalisation (TZS bln)
12,865.44
12,765.48
11,804.65
Outstanding Government Bonds (TZS bln)
26,631.68
25,398.37
20,672.89
Outstanding Corporate Bonds (TZS bln)
122.36
122.36
68.25
Outstanding Sustainable Bonds (TZS bln)
459.04
459.04
459.04
Outstanding Sustainable Bonds (USD mln)
73.00
73.00
73.00
Outstanding Sub-national Bonds (TZS bln)
53.12
53.12
0
Outstanding Sukuk Bonds (TZS bln)
11.04
11.04
11.04
Outstanding Infrastructure Bonds (TZS bln)
323.09
0
0
All Share Index (DSEI)
2,280.88
2,293.61
1,957.02
Tanzania Share Index (TSI)
4,853.04
4,815.32
4,456.62
Industrial & Allied (IA)
5,108.12
5,115.96
5,171.89
Banks, Finance & Investment (BI)
6,464.58
6,333.13
5,065.85
Commercial Services (CS)
2,142.69
2,138.48
2,138.48
Exchange Rate:
25 Mar 25
28 Feb 25
28 Mar 24
TZS/USD (BOT Mean Rate)
2,631.91
2,581.29
2,556.94
TZS/KE (BOT Mean Rate)
20.35
19.97
19.37
TZS/GBP (BOT Mean Rate)
3,405.82
3,263.78
3,226.09
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: 25-March-2025
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
AFRIPRISE
225
230
230
225
3,438,060
49
14,952
33.59
26,322
26,996
CRDB
780
780
790
770
514,434,560
761
658,878
2,037.23
247,328
406,223
DCB
125
125
130
120
3,558,475
45
28,355
20.37
25,414
26,800
DSE
2,340
2,340
2,500
2,340
70,900
3
29
55.75
2,174
34
EABL
3,760
3,610
0
0
0
0
0
2,854.70
0
0
JATU
265
265
0
0
0
0
0
5.28
0
4,210
JHL
4,070
4,070
0
0
0
0
0
294.96
0
0
KA**
80
80
0
0
0
0
0
454.51
0
0
KCB
850
850
0
0
0
0
0
2,524.79
0
0
MBP
340
340
370
370
11,100
1
30
10.20
3,055
0
MCB
310
310
300
300
72,000
6
240
19.17
0
6,900
MKCB
600
580
600
580
688,240
12
1,177
13.66
0
9,912
MUCOBA
400
400
0
0
0
0
0
13.07
10
3,766
NICO
740
740
740
720
4,981,440
62
6,750
45.62
8,470
28,652
**Suspended
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
5,850
5,850
6,000
6,000
27,240,000
27
4,540
2,925.00
7,400
0
NMG
275
275
0
0
0
0
0
51.85
0
0
PAL
400
400
360
360
82,800
4
230
64.19
0
13,036
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
1,200
1,200
1,300
1,300
23,400
1
18
43.20
9,680
0
TBL
10,900
10,900
10,400
10,400
254,276,000
15
42,328
3,216.11
0
74,124
TCC
17,000
17,000
16,200
16,200
7,306,200
3
451
1,700.00
0
106,486
TCCL
1,800
1,800
1,820
1,820
1,326,780
10
729
114.61
296
1,481
TOL
670
670
0
0
0
0
0
38.53
1,755
0
TPCC
4,000
4,000
4,100
4,000
4,889,320
23
1,213
719.69
15,472
1,050
TTP
120
120
0
0
0
0
0
11.41
2,265
0
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
770
770
740
740
162,800
5
220
1,724.80
0
391,864
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
822,562,075
1,027
760,140
19,048.08
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
666 25 15.75 08/01/2025 09/01/2050 125/03/2025
0.56070
108.4116 14.9521
AZA 3 12.50 17/01/2025 16/12/2028 125/03/2025
1.50000
91.9998 14.7603
561 25 15.95 22/04/2021 22/04/2046 125/03/2025
0.04750
113.1732 14.8057
561 25 15.95 22/04/2021 22/04/2046 125/03/2025
0.05000
110.1936 15.2608
561 25 15.95 22/04/2021 22/04/2046 125/03/2025
0.01000
107.0001 15.7755
561 25 15.95 22/04/2021 22/04/2046 125/03/2025
0.00500
100.0000 17.0156
561 25 15.95 22/04/2021 22/04/2046 125/03/2025
0.10000
100.0000 17.0156
CRD 5 10.21 23/10/2023 23/10/2028 125/03/2025
0.53000
90.5000 15.3437
556 20 15.49 10/02/2021 11/02/2041 125/03/2025
0.05000
104.0000 15.1193
544 20 15.49 17/09/2020 24/09/2040 125/03/2025
1.00000
103.2646 14.9884
544 20 15.49 17/09/2020 24/09/2040 125/03/2025
0.70000
102.9587 15.0387
568 25 15.95 05/08/2021 05/08/2046 125/03/2025
0.01200
105.0001 15.4754
568 25 15.95 05/08/2021 05/08/2046 125/03/2025
8.00000
105.0000 15.4754
523 20 15.49 19/12/2019 19/12/2039 125/03/2025
0.18690
100.0000 16.2114
504 20 15.49 22/05/2019 22/05/2039 125/03/2025
0.01000
107.8747 15.0292
504 20 15.49 22/05/2019 22/05/2039 125/03/2025
0.05000
100.0000 16.4473
504 20 15.49 22/05/2019 22/05/2039 125/03/2025
0.05000
107.8747 15.0292
643 25 12.56 16/08/2023 17/08/2048 125/03/2025
0.11300
88.0000 14.5642
566 20 15.49 08/07/2021 08/07/2041 125/03/2025
0.31540
107.4921 12.9192
653 25 12.56 28/12/2023 28/12/2048 125/03/2025
0.05000
100.0000 12.9600
669 20 15.25 13/02/2025 08/02/2045 125/03/2025
0.21000
100.0000 15.5199
563 20 15.49 19/05/2021 20/05/2041 125/03/2025
0.02500
107.0572 15.1969
563 20 15.49 19/05/2021 20/05/2041 125/03/2025
0.05000
103.5000 15.8026
535 20 15.49 21/05/2020 21/05/2040 125/03/2025
0.10000
111.3405 13.9776
670 15 14.50 27/02/2025 24/02/2040 125/03/2025
0.00200
100.0001 14.6726
498 20 15.49 21/02/2019 21/02/2039 125/03/2025
0.16290
104.0000 15.0267
498 20 15.49 21/02/2019 21/02/2039 125/03/2025
0.01120
104.1014 15.0095
498 20 15.49 21/02/2019 21/02/2039 125/03/2025
0.04000
104.1014 15.0095
Bond No.
Term
(Years)
Coupon
(%)
Issue Date Maturity Date DealsTrade Date
Amount
(Bln TZS)
Price
(%)
Yield
13.94160 28
Total
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
YIELD CURVE REPORT
Benchmark
Maturity Buy Rate Sell Rate Benchmark Rate Trade Date
2 Year
GOVB 2 Year 12.60 12.20 12.20 2025-03-25 2:36:03PM
GOVB 2 Year 12.20 12.00 12.20 2025-03-25 2:52:41PM
5 Year
GOVB 5 Year 13.40 13.00 12.95 2025-03-25 2:36:13PM
GOVB 5 Year 12.90 12.70 12.95 2025-03-25 2:53:09PM
7 Year
GOVB 7 Year 13.20 13.00 13.10 2025-03-25 2:39:01PM
GOVB 7 Year 13.20 13.00 13.10 2025-03-25 2:53:39PM
10 Year
GOVB 10 Year 14.50 13.50 14.00 2025-03-25 2:37:13PM
GOVB 10 Year 14.10 13.90 14.00 2025-03-25 2:54:14PM
15 Year
GOVB 15 Year 15.00 14.50 14.55 2025-03-25 2:37:26PM
GOVB 15 Year 14.60 14.40 14.55 2025-03-25 2:54:44PM
20 Year
GOVB 20 Year 15.30 14.90 15.30 2025-03-25 2:37:37PM
GOVB 20 Year 15.50 15.30 15.30 2025-03-25 2:55:40PM
25 Year
GOVB 25 Year 15.80 15.60 15.65 2025-03-25 2:37:48PM
GOVB 25 Year 15.70 15.50 15.65 2025-03-25 2:56:05PM
0
2
4
6
8
10
12
14
16
2 Year 5 Year 7 Year 10 Year 15 Year 20 Year 25 Year
12.20
12.95
13.10
14.00
14.55
15.30
15.65
Time to Maturity
Yield to Maturity
Government Bond Benchmark