Prime Minister Kassim Majaliwa has praised the Dar es Salaam Stock Exchange (DSE) for its strong performance, with market value hitting TZS 21 trillion by July 2025.
The Prime Minister noted that share trading surged by over 246 percent, while investor accounts rose to more than 683,000, signaling robust growth in Tanzania’s capital markets.
Majaliwa made the remarks on Tuesday, August 26, during a visit to the DSE offices in the Morocco area of Dar es Salaam.
He highlighted that over-the-counter trades exceeded TZS 3 trillion, including bonds supporting social and environmental projects.
“This reflects the DSE’s innovation and contribution to inclusive and sustainable economic growth. Such achievements deserve recognition,” he said.
During the visit, Majaliwa announced his plan to invest TZS 100 million in DSE-listed shares and urged Tanzanians to prioritise digital investment to gain ownership in companies, benefit from corporate profits, and drive economic growth.
He also directed the Ministry of Finance to continue collaborating with DSE on financial literacy programs to ensure more Tanzanians benefit from stock market opportunities.
Deputy Secretary-General of the Ministry of Finance, Elijah Mwandumbya, said the government is promoting new financial products and strengthening digital platforms to reach more investors, including Tanzanians in the diaspora.
He added that expanding public-private partnerships and regional engagement is key to increasing investor participation.
Acting CMSA CEO Charles Shirima noted that innovative digital platforms like Sim Invest, Hisa Kiganjani, WekezaWHI, and M-Wekeza are helping urban and rural investors access the market.
In 2024, 24.33 percent of share trading was conducted digitally, up from 4.84 percent in 2023.
DSE CEO Peter Situmbeko said trading value reached TZS 369.4 billion, a 246 percent increase from the same period last year.
Total over-the-counter and company bond trades exceeded TZS 3 trillion, up from TZS 1.9 trillion, reflecting growing investor confidence and market dynamism.