The Dar es Salaam Stock Exchange (DSE) has recorded remarkable growth in market capitalisation and trading activity in the year to February 2026, reflecting renewed investor confidence and increased participation in Tanzania’s capital markets.
Total market capitalisation rose to TZS 34.6 trillion between January and February 2026, up from TZS 19.1 trillion during the same period last year.
This represents an impressive 80.8 percent year-on-year increase, driven by strong share price gains and robust demand for listed equities.
DSE Chief Executive Officer, Peter Nalitolela, attributed the performance to continued trust among local investors and growing awareness of the benefits of stock market investment.
“This growth shows that Tanzanians remain confident in the market, and shares are being traded actively, which explains such a substantial increase,” Mr. Nalitolela said during a media briefing in Dar es Salaam.
The domestic segment, comprising 22 Tanzanian companies, also posted strong gains. Market capitalisation in this segment rose to TZS 24.4 trillion at the end of February, up from TZS 12.7 trillion a year earlier, representing an average growth of nearly 90 percent.
Despite this surge, the total number of listed companies remains at 28, including 22 domestic firms and six foreign companies.
Trading activity further highlights the market’s momentum. Turnover in February reached TZS 242.3 billion, up from TZS 34.8 billion recorded in the same month last year, marking a remarkable 596.2 percent increase.
February’s turnover alone has already surpassed one-third of the total TZS 663 billion traded in 2024, indicating stronger liquidity and heightened investor engagement.
Market indices also posted significant gains. The DSE All Share Index (DSEI) climbed to 3,986.77, up from 2,293.61 a year earlier, while the Tanzania Share Index (TSEI) rose to 8,965.96, compared to 4,815.32 during the same period last year.
These increases reflect broad-based price appreciation and improved performance across listed equities.
The investor base continues to expand, with total accounts rising to 797,566 at the end of February, up from 632,263 at the close of 2024, a 26 percent increase.
Digital trading platforms such as Hisa Kiganjani have also widened access, making it easier for retail investors to participate.
The strong growth in market capitalisation, turnover, and investor accounts signals a maturing capital market underpinned by financial literacy, digital innovation, and active local participation.
For long-term investors, the latest DSE performance points not only to a market rally but also to increasing structural confidence in Tanzania’s equity market.
