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3,940.49
As at Week 24
Permanent edition · Vol. I · No. 173
The Brief
Monday, 22 June 2026
A frozen reading of Tanzania's economy, markets and statecraft. Figures remain bound to their stated observations; this archive never inherits a newer market tape.
USD / TZS
2,630
As at −6.1% YTD
Gold · $/oz
$4,186
As at
BoT rate
5.75%
As at 3rd hold
Inflation
4.0%
As at Apr
This edition in 60 seconds
- 01TZS 62.33tn FY2026/27 budget takes effect 1 July
- 02Turnover jumps 30% as TOL leads, but breadth stays thin
- 03364-day T-bill yield jumps to 6.92% at auction 1201
Budget
TZS 62.33tn FY2026/27 budget takes effect 1 July
Tanzania's FY2026/27 national budget of TZS 62.33tn — up 10.3% year-on-year — comes into force on 1 July, with new tax measures arriving alongside it. Domestic revenue is targeted to rise to 17.1% of GDP from 16.5%, and tax revenue to 13.7% from 13.2%. The heavier spending and revenue ambition raise the prospect of more domestic borrowing, a factor worth watching on the government-securities curve.
Source: Ministry of Finance · observed 2026-06-19
Go deeper →Archive format · published before the three-part editorial schema
Did the domestic market and the headline index tell the same story over the covered quarter?
The domestic market against the headline index
As at 19 Jun 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Markets
Turnover jumps 30% as TOL leads, but breadth stays thin
Week-24 equity turnover reached TZS 27.03bn, up 30.51% w/w on roughly 6.96m shares across 21,844 deals. TOL led the board with a 30.63% surge, even as overall market breadth stayed thin.
Source: Dar es Salaam Stock Exchange · first seen 2026-06-21
Go deeper →Archive format · published before the three-part editorial schema
Rates
364-day T-bill yield jumps to 6.92% at auction 1201
At Bank of Tanzania auction No. 1201 on 17 June, the 364-day weighted-average yield rose to 6.92% while the 91-day eased to 3.56%. All tenors were oversubscribed, and the Central Bank Rate stays at 5.75% — a third straight hold.
Source: Bank of Tanzania · first seen 2026-06-22
Go deeper →Archive format · published before the three-part editorial schema
Gold
BoT gold holdings reach 27.5 tonnes under purchase programme
The Bank of Tanzania said its Domestic Gold Purchase Programme has accumulated about 27.5 tonnes — worth roughly TZS 10tn, or near 36% of total foreign assets. Gold makes up about a third of exports, with shipments up 38.5% y/y to about USD 5.2bn in the year to March.
Source: Bank of Tanzania · first seen 2026-06-22
Go deeper →Archive format · published before the three-part editorial schema
Currency
Shilling holds steady near 2,630 per dollar
The Bank of Tanzania official mean stood at 2,630.24/USD on 22 June (buy 2,617.16 / sell 2,643.33), little changed from about 2,628 a week earlier. The shilling remains down roughly 6.1% year-to-date.
Source: Bank of Tanzania · first seen 2026-06-22
Go deeper →Archive format · published before the three-part editorial schema
The Ghost · edition context
The model-book allocation read
The Ghost's hypothetical TZS 500m book is +1.81% since inception, with NMB Bank its largest equity position.
Open the current Ghost tracker →What this edition watched
BoT Q3 2026 CBR decision & T-bill auction No. 1202
Early Jul 2026
FY2026/27 begins — TZS 62.33tn budget & new taxes take effect
1 Jul 2026
Vision/DIRA 2050 instruments & flagship-project rollout
Late Jun–Jul 2026
DSE Week 25/26 reports
Late Jun 2026
Compiled from open-source reporting for information and education only — not investment advice. Sources: Bank of Tanzania, Dar es Salaam Stock Exchange, and named press. Figures are as reported and require refresh against official data.