DAR ES SALAAM STOCK EXCHANGE
Market Report
Thursday, 22
nd
January 2026
DSE recorded a total turnover of TZS 5,749.10 million from 3,448,197 shares traded in 5,413 deals, TZS 104.04 million from 261,463
ETF shares traded in 701 deals; and TZS 4.79 billion from bonds traded in 41 deals.
On the Block Trade Pre-arranged Market board, CRDB counter traded a block of 200,000 shares.
On the Normal Board, AFRIPRISE counter had 517,680 shares traded at a weighted average price of TZS 715 per share in 492 deal(s).
CRDB counter had 1,689,581 shares traded at a weighted average price of TZS 2,060 per share in 2479 deal(s). DCB counter had
615,996 shares traded at a weighted average price of TZS 470 per share in 607 deal(s). DSE counter had 83,208 shares traded at a
weighted average price of TZS 7,200 per share in 69 deal(s). MBP counter had 21,541 shares traded at a weighted average price of
TZS 2,800 per share in 168 deal(s). MCB counter had 1,257 shares traded at a weighted average price of TZS 605 per share in 22
deal(s). MKCB counter had 4,376 shares traded at a weighted average price of TZS 5,010 per share in 95 deal(s). MUCOBA counter
had 443 shares traded at a weighted average price of TZS 500 per share in 9 deal(s). NICO counter had 46,634 shares traded at a
weighted average price of TZS 3,640 per share in 266 deal(s). NMB counter had 4,991 shares traded at a weighted average price of
TZS 9,520 per share in 41 deal(s). PAL counter had 9,976 shares traded at a weighted average price of TZS 300 per share in 103
deal(s). SWIS counter had 5,460 shares traded at a weighted average price of TZS 3,310 per share in 37 deal(s). TBL counter had
2,433 shares traded at a weighted average price of TZS 9,600 per share in 53 deal(s). TCC counter had 1,121 shares traded at a
weighted average price of TZS 11,410 per share in 9 deal(s). TCCL counter had 5,181 shares traded at a weighted average price of TZS
3,430 per share in 36 deal(s). TOL counter had 130 shares traded at a weighted average price of TZS 1,110 per share in 7 deal(s).
TPCC counter had 4,112 shares traded at a weighted average price of TZS 6,120 per share in 33 deal(s). TTP counter had 11,614
shares traded at a weighted average price of TZS 500 per share in 50 deal(s). VODA counter had 222,463 shares traded at a weighted
average price of TZS 975 per share in 836 deal(s).
On the ETF Board, VERTEX-ETF counter had 261,463 shares traded at a weighted average price of TZS 400 per share in 701 deal(s).
On the Government Bonds Board, a 15-year bond with a coupon rate of 13.50% and a face value of TZS 0.25 bln was traded at prices of
100.0001% and 103.0000% in 2 deal(s), a 15-year bond with a coupon rate of 14.50% and a face value of TZS 1.00 bln was traded at
a price of 124.1489% in 1 deal(s), a 20-year bond with a coupon rate of 12.10% and a face value of TZS 0.03 bln was traded at a price
of 102.6337% in 1 deal(s), a 20-year bond with a coupon rate of 14.00% and a face value of TZS 0.13 bln was traded at prices of
100.0000% and 112.0000% in 2 deal(s), a 20-year bond with a coupon rate of 15.25% and a face value of TZS 0.01 bln was traded at
a price of 110.0000% in 1 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of TZS 2.80 bln was traded at prices
of 100.0000%, 102.7543%, 105.0000%, 110.0000%,121.4433%, 123.5570%, 125.1525% and 130.0000% in 25 deal(s), a 25-year
bond with a coupon rate of 12.56% and a face value of TZS 0.35 bln was traded at prices of 105.0000%, 105.1831% and 106.0000% in
3 deal(s), a 25-year bond with a coupon rate of 15.00% and a face value of TZS 0.07 bln was traded at a price of 130.4556% in 1
deal(s), while a 25-year bond with a coupon rate of 15.95% and a face value of TZS 0.14 bln was traded at prices of 108.0000%,
122.0001%, 126.5000% and 127.0000% in 4 deal(s).
On the Corporate Bonds Board, a 5-year bond with a coupon rate of 12.00% and a face value of TZS 16.00 mln was traded at a price of
94.0000% in 1 deal(s).
Equities Market Turnover (in million TZS)
22 Jan 26
Jan -Mar 26
Oct -Dec 25
Jan -Mar 25
Total Turnover
5,749.10
124,090.27
135,686.13
123,495.19
Turnover from Shares Bought by
0.00
2,003.93
19,128.77
10,226.89
Foreign Investors:
%Buying Local Investors
100.00
98.39
85.90
91.72
%Buying Foreign Investors
0.00
1.61
14.10
8.28
Turnover from Shares Sold by
1,886.40
38,753.92
45,142.40
57,154.74
Foreign Investors:
%Selling Local Investors
67.19
68.77
66.73
53.72
%Selling Foreign Investors
32.81
31.23
33.27
46.28
ETF Market Turnover (in million TZS)
22 Jan 26
Jan -Mar 26
Oct -Dec 25
Jan -Mar 25
Total Turnover
104.04
1,603.38
4,119.94
Turnover from Shares Bought by
0.00
0.00
3.91
Foreign Investors:
%Buying Local Investors
100.00
100.00
99.91
%Buying Foreign Investors
0.00
0.00
0.09
Turnover from Shares Sold by
0.00
0.00
0.00
Foreign Investors:
%Selling Local Investors
100.00
100.00
100.00
%Selling Foreign Investors
0.00
0.00
0.00
Value of Government Bonds Traded (in billions TZS)
22 Jan 26
Oct - Dec 25
Jan - Mar 25
Face Value
Transaction Value
4.78
5.26
1,724.72
1,891.11
962.88
983.41
Value of Corporate Bonds Traded (in Million TZS)
22 Jan 26
Oct - Dec 25
Jan - Mar 25
Face Value
Transaction Value
16.00
15.04
3,089.71
2,907.62
3,730.10
3,346.47
Key Market Indicators:
22 Jan 26
31 Dec 25
31 Jan 25
Total Market Capitalisation (TZS bln)
28,060.70
23,995.34
18,529.71
Domestic Market Capitalisation (TZS bln)
19,238.24
15,580.77
12,573.57
ETF Market Capitalisation (TZS bln)
21.60
21.87
0
Outstanding Government Bonds (TZS bln)
30,216.65
32,724.79
25,215.23
Outstanding Corporate Bonds (TZS bln)
316.48
176.24
59.07
Outstanding Sustainable Bonds (TZS bln)
531.39
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)
290.5
175.64
11.04
Outstanding Infrastructure Bonds (TZS bln)
323.09
323.09
0
All Share Index (DSEI)
3,229.86
2,761.93
2,218.96
Tanzania Share Index (TSI)
7,111.41
5,759.41
4,743.38
Industrial & Allied (IA)
4,831.87
4,298.45
5,070.13
Banks, Finance & Investment (BI)
13,709.44
10,900.19
6,164.62
Commercial Services (CS)
2,785.06
1,885.46
2,134.27
Exchange Rate:
22 Jan 26
31 Dec 25
31 Jan 25
TZS/USD (BOT Mean Rate)
2,477.17
2,447.46
2,486.64
TZS/KE (BOT Mean Rate)
19.19
18.97
19.24
TZS/GBP (BOT Mean Rate)
3,331.29
3,303.59
3,090.90
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: 22-January-2026
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
AFRIPRISE
635
715
730
660
371,161,080
492
517,680
104.41
635,885
0
CRDB
1,990
2,060
2,080
1,980
3,866,525,690
2,480
1,889,581
5,380.39
592,688
0
DCB
410
470
470
410
288,907,510
607
615,996
90.04
31,404
29,067
DSE
7,320
7,200
7,350
7,000
599,209,350
69
83,208
171.53
15,323
7,725
EABL
4,160
4,160
0
0
0
0
0
3,289.62
0
0
JATU
265
265
0
0
0
0
0
5.28
0
0
JHL
6,700
6,700
0
0
0
0
0
485.57
0
0
KA
105
105
0
0
0
0
0
596.55
0
0
KCB
1,480
1,480
0
0
0
0
0
4,396.10
1,462
0
MBP
2,580
2,800
2,960
2,540
60,217,800
168
21,541
83.97
9,797
581
MCB
595
605
630
600
765,310
22
1,257
37.40
11,633
0
MKCB
5,000
5,010
5,300
4,300
21,618,050
95
4,376
118.01
100
22,007
MUCOBA
435
500
500
500
221,500
9
443
16.33
995
0
NICO
3,630
3,640
3,660
3,500
169,539,670
266
46,634
224.39
12,698
21,368
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
9,410
9,520
9,590
9,470
47,486,320
41
4,991
4,760.00
35,362
0
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
300
300
325
280
3,019,565
103
9,976
48.14
2,716
0
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
3,310
3,310
3,400
3,270
18,070,700
37
5,460
119.16
972
3,379
TBL
9,540
9,600
9,620
9,540
23,363,540
53
2,433
2,832.54
101
5,133
TCC
11,390
11,410
11,410
11,400
12,790,460
9
1,121
1,141.00
9,218
0
TCCL
3,410
3,430
3,450
3,400
17,767,340
36
5,181
655.18
138
30,702
TOL
1,110
1,110
1,260
1,200
160,250
7
130
63.83
7,370
0
TPCC
6,140
6,120
6,130
6,050
25,137,570
33
4,112
1,101.13
919
27,241
TTP
500
500
500
495
5,785,850
50
11,614
47.53
1,736
9,538
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
980
975
980
950
217,353,315
836
222,463
2,184.00
22,991
54,650
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
5,749,100,870
5,413
3,448,197
28,060.70
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: 22-January-2026
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
VERTEX-ETF
400
400
410
380
104,035,300
701
261,463
21.60
38,519
93,429
Total
104,035,300
701
261,463
21.60
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
Deals
Trade Date
Amount
(Bln TZS)
Price
(%)
Yield
SAMIA
5
12.00
10/02/2025
10/02/2030
1
22/01/2026
0.01600
94.0000
14.7892
643
25
12.56
16/08/2023
17/08/2048
1
22/01/2026
0.10000
106.0000
12.4793
533
20
15.49
23/04/2020
23/04/2040
1
22/01/2026
0.01300
123.5570
12.5249
533
20
15.49
23/04/2020
23/04/2040
1
22/01/2026
0.03700
123.5570
12.5249
552
20
15.49
16/12/2020
18/12/2040
1
22/01/2026
0.07000
121.4433
12.4977
498
20
15.49
21/02/2019
21/02/2039
1
22/01/2026
0.03500
125.1525
12.5428
678
20
14.00
04/09/2025
04/09/2045
1
22/01/2026
0.02550
100.0000
14.8416
552
20
15.49
16/12/2020
18/12/2040
1
22/01/2026
0.00150
105.0000
14.8878
669
20
15.25
13/02/2025
08/02/2045
1
22/01/2026
0.01000
110.0000
14.7289
563
20
15.49
19/05/2021
20/05/2041
1
22/01/2026
0.01000
100.0000
15.9600
564
15
13.50
02/06/2021
03/06/2036
1
22/01/2026
0.10000
100.0001
13.8386
504
20
15.49
22/05/2019
22/05/2039
1
22/01/2026
0.00500
100.0000
15.9591
552
20
15.49
16/12/2020
18/12/2040
1
22/01/2026
0.10000
130.0000
11.4504
561
25
15.95
22/04/2021
22/04/2046
1
22/01/2026
0.00970
122.0001
13.1993
670
15
14.50
27/02/2025
24/02/2040
1
22/01/2026
1.00000
124.1489
11.8000
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
601
25
12.56
08/07/2022
08/07/2047
1
22/01/2026
0.20000
105.0000
11.9686
481
15
13.50
19/07/2018
19/07/2033
1
22/01/2026
0.15000
103.0000
12.8622
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
Bond No.
Term
(Years)
Coupon
(%)
Issue Date
Maturity Date
Deals
Trade Date
Amount
(Bln TZS)
Price
(%)
Yield
535
20
15.49
21/05/2020
21/05/2040
1
22/01/2026
0.15000
102.7543
14.8729
544
20
15.49
17/09/2020
24/09/2040
1
22/01/2026
0.13000
110.0000
14.7063
678
20
14.00
04/09/2025
04/09/2045
1
22/01/2026
0.10720
112.0000
13.0497
561
25
15.95
22/04/2021
22/04/2046
1
22/01/2026
0.01000
108.0000
15.1524
653
25
12.56
28/12/2023
28/12/2048
1
22/01/2026
0.04650
105.1831
11.9969
620
20
12.10
24/11/2022
24/11/2042
1
22/01/2026
0.03000
102.6337
11.9994
675
25
15.00
07/08/2025
07/08/2050
1
22/01/2026
0.06570
130.4556
11.9931
561
25
15.95
22/04/2021
22/04/2046
1
22/01/2026
0.03000
127.0000
12.5966
561
25
15.95
22/04/2021
22/04/2046
1
22/01/2026
0.09500
126.5000
12.6549
4.79710
41
Total