DAR ES SALAAM STOCK EXCHANGE
Market Report
Friday, 12
th
December 2025
DSE recorded a total turnover of TZS 824.59 million from 621,990 shares traded in 1,448 deals, TZS 86.68 million from 258,240
ETF shares traded in 263 deals; and TZS 25.80 billion from bonds traded in 10 deals.
On the Normal Board, AFRIPRISE counter had 9,078 shares traded at a weighted average price of TZS 480 per share in 100
deal(s). CRDB counter had 484,185 shares traded at a weighted average price of TZS 1,320 per share in 708 deal(s). DCB
counter had 40,914 shares traded at a weighted average price of TZS 235 per share in 99 deal(s). DSE counter had 4,102 shares
traded at a weighted average price of TZS 6,990 per share in 41 deal(s). MBP counter had 1,402 shares traded at a weighted
average price of TZS 625 per share in 10 deal(s). MCB counter had 385 shares traded at a weighted average price of TZS 455
per share in 10 deal(s). MKCB counter had 1,430 shares traded at a weighted average price of TZS 2,190 per share in 20 deal(s).
MUCOBA counter had 11,605 shares traded at a weighted average price of TZS 410 per share in 5 deal(s). NICO counter had
15,029 shares traded at a weighted average price of TZS 1,520 per share in 97 deal(s). NMB counter had 2,285 shares traded at
a weighted average price of TZS 8,080 per share in 51 deal(s). PAL counter had 2,301 shares traded at a weighted average price
of TZS 220 per share in 26 deal(s). SWIS counter had 1,419 shares traded at a weighted average price of TZS 1,840 per share in
16 deal(s). TBL counter had 1,692 shares traded at a weighted average price of TZS 8,260 per share in 36 deal(s). TCC counter
had 2,387 shares traded at a weighted average price of TZS 9,950 per share in 22 deal(s). TCCL counter had 11,772 shares
traded at a weighted average price of TZS 2,120 per share in 34 deal(s). TOL counter had 17,226 shares traded at a weighted
average price of TZS 800 per share in 22 deal(s). TPCC counter had 1,213 shares traded at a weighted average price of TZS
6,050 per share in 22 deal(s). TTP counter had 197 shares traded at a weighted average price of TZS 380 per share in 12 deal(s).
VODA counter had 13,368 shares traded at a weighted average price of TZS 595 per share in 117 deal(s).
On the ETF Board, VERTEX-ETF counter had 258,240 shares traded at a weighted average price of TZS 335 per share in 263
deal(s).
On the Government Bonds Board, a 2-year bond with a coupon rate of 10.00% and a face value of TZS 0.01 bln was traded at a
price of 85.0000% in 1 deal(s), a 7-year bond with a coupon rate of 10.08% and a face value of TZS 10.00 bln was traded at a
price of 101.0699% in 1 deal(s), a 10-year bond with a coupon rate of 11.44% and a face value of TZS 1.39 bln was traded at
prices of 103.5444%, 105.4871% and 126.5457% in 3 deal(s), a 10-year bond with a coupon rate of 14.00% and a face value of
TZS 3.94 bln was traded at prices of 103.5444%, 105.4871% and 126.5457% in 3 deal(s), a 15-year bond with a coupon rate of
13.50% and a face value of TZS 4.25 bln was traded at a price of 109.5277% in 1 deal(s), a 20-year bond with a coupon rate of
15.49% and a face value of TZS 6.00 bln was traded at a price of 118.2101% in 1 deal(s), a 25-year bond with a coupon rate of
15.00% and a face value of TZS 0.01 bln was traded at prices of 120.0001%, 123.0000% and 125.0000% in 1 deal(s), a 25-year
bond with a coupon rate of 15.75% and a face value of TZS 0.20 bln was traded at prices of 120.0001%, 123.0000% and
125.0000% in 1 deal(s), while a 25-year bond with a coupon rate of 15.95% and a face value of TZS 0.02 bln was traded at
prices of 120.0001%, 123.0000% and 125.0000% in 1 deal(s).
There was no activity in the Corporate Bonds segment.
Equities Market Turnover (in million TZS)
12 Dec 25
Oct -Dec 25
Jul -Sept 25
Oct -Dec 24
Total Turnover
824.59
89,519.24
248,636.49
101,122.13
Turnover from Shares Bought by
0.30
16,053.10
49,034.28
4,031.66
Foreign Investors:
%Buying Local Investors
99.96
82.07
80.28
96.01
%Buying Foreign Investors
0.04
17.93
19.72
3.99
Turnover from Shares Sold by
82.03
30,353.34
114,911.38
31,158.83
Foreign Investors:
%Selling Local Investors
90.05
66.09
53.78
69.19
%Selling Foreign Investors
9.95
33.91
46.22
30.81
ETF Market Turnover (in million TZS)
12 Dec 25
Oct -Dec 25
Oct -Dec 24
Total Turnover
86.68
3,116.68
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)
12 Dec 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
25.80
28.56
1,387.03
1,526.89
1,525.24
1,614.67
946.48
994.64
Value of Corporate Bonds Traded (in Million TZS)
12 Dec 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
0
0
1,729.30
1,650.16
2,299.10
2,193.11
1,129.26
999.78
Key Market Indicators:
12 Dec 25
28 Nov 25
31 Dec 24
Total Market Capitalisation (TZS bln)
22,802.38
22,312.50
17,868.17
Domestic Market Capitalisation (TZS bln)
14,476.92
13,897.92
12,243.37
ETF Market Capitalisation (TZS bln)
11.39
0
0
Outstanding Government Bonds (TZS bln)
31,061.78
29,704.84
25,215.23
Outstanding Corporate Bonds (TZS bln)
316.48
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)
2,624.61
2,568.20
2,139.73
Tanzania Share Index (TSI)
5,351.37
5,137.35
4,618.78
Industrial & Allied (IA)
4,143.14
4,124.00
5,044.80
Banks, Finance & Investment (BI)
9,954.27
9,307.76
5,783.87
Commercial Services (CS)
1,698.96
1,654.63
2,138.48
Exchange Rate:
12 Dec 25
28 Nov 25
31 Dec 24
TZS/USD (BOT Mean Rate)
2,440.53
2,437.31
2,394.76
TZS/KE (BOT Mean Rate)
18.90
18.76
18.53
TZS/GBP (BOT Mean Rate)
3,268.84
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: 12-December-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
455
480
490
460
4,370,885
100
9,078
70.10
16,320
45,395
CRDB
1,260
1,320
1,320
1,270
636,831,070
708
484,185
3,447.63
218,526
0
DCB
235
235
235
220
9,545,110
99
40,914
45.02
13,671
160,463
DSE
6,410
7,010
7,300
6,600
28,680,780
41
4,102
167.01
3,646
3,372
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
6,400
6,400
0
0
0
0
0
463.83
0
0
KA
105
105
0
0
0
0
0
596.55
0
0
KCB
1,320
1,320
0
0
0
0
0
3,920.85
0
5,986
MBP
600
630
630
610
879,140
10
1,402
18.89
1,082
0
MCB
460
455
480
450
176,130
10
385
28.13
0
60,979
MKCB
2,090
2,190
2,300
2,100
3,165,800
20
1,430
51.59
742
3,434
MUCOBA
400
410
435
410
4,758,650
5
11,605
13.39
11,719
0
NICO
1,460
1,520
1,550
1,470
22,770,690
97
15,029
93.70
32,860
11,975
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
8,080
8,080
8,200
8,000
18,432,500
51
2,285
4,040.00
17,926
5,232
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
220
220
230
190
504,880
26
2,301
35.30
0
5,827
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
1,600
1,840
1,840
1,800
2,608,000
16
1,419
66.24
4,452
3,320
TBL
8,280
8,270
8,280
8,170
13,979,480
36
1,692
2,440.11
76
7,047
TCC
9,920
9,950
10,000
9,920
23,752,340
22
2,387
995.00
113
4,638
TCCL
2,100
2,120
2,310
2,020
25,026,150
34
11,772
404.95
7,570
0
TOL
800
800
800
780
13,764,940
22
17,226
46.00
6,903
529
TPCC
6,030
6,050
6,050
6,040
7,338,350
22
1,213
1,088.53
1,506
10,479
TTP
350
350
390
330
74,980
12
197
33.27
810
18
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
580
595
605
580
7,931,800
117
13,368
1,332.80
56,411
82,486
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
824,591,675
1,448
621,990
22,802.38
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: 12-December-2025
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
330
335
340
330
86,680,380
263
258,240
11.39
32,189
109,738
Total
86,680,380
263
258,240
11.39
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
477 10 11.44 24/05/2018 24/05/2028 112/12/2025
0.47290
103.5444 9.7673
666 25 15.75 08/01/2025 09/01/2050 112/12/2025
0.19700
120.0001 13.8422
675 25 15.00 07/08/2025 07/08/2050 112/12/2025
0.01000
125.0000 12.4087
568 25 15.95 05/08/2021 05/08/2046 112/12/2025
0.01600
123.0000 13.4418
562 7 10.08 05/05/2021 06/05/2028 112/12/2025
10.00000
101.0699 10.0938
533 20 15.49 23/04/2020 23/04/2040 112/12/2025
6.00000
118.2101 13.0322
667 10 14.00 22/01/2025 23/01/2035 112/12/2025
3.93500
126.5457 10.3704
687 2 10.00 16/10/2025 16/10/2027 112/12/2025
0.00500
85.0000 21.3986
353 15 13.50 14/11/2013 14/11/2028 112/12/2025
4.25370
109.5277 10.1194
472 10 11.44 14/03/2018 15/03/2028 112/12/2025
0.91360
105.4871 9.7648
25.80320 10
Total