Strategy
DIRA 2050 launches 1 July with a $47bn strategic-project spine
Tanzania's long-term development blueprint, DIRA 2050, is set to launch on 1 July, anchored by a roughly USD 47bn pipeline of strategic projects. LNG, Kabanga Nickel, Engaruka soda ash and the Liganga–Mchuchuma iron-and-coal complex headline the capital programme as Vision 2025 draws to a close. The scale of the ambition — and the financing behind it — places fresh attention on domestic borrowing and the government-securities curve.
Source: Open-source reporting · as at 23 Jun 2026
Go deeper →Markets
DSE adds 1.35% in Week 25 as turnover jumps 81%
The Dar es Salaam bourse rose 1.35% week-on-week in Week 25 (15–19 June), lifting total market capitalisation to about TZS 34,234.55bn. Equity turnover surged 81.28% w/w to TZS 48.99bn on 9.27m shares across 24,326 deals, while secondary bond turnover rebounded 242.08% to TZS 173.64bn. AFRIPRISE (+11.57%), EABL (+9.90%) and NMB (+7.03%) led the gainers; TOL (−12.41%) led the fallers.
Source: Dar es Salaam Stock Exchange · as at 23 Jun 2026
Rates
364-day T-bill yield at 6.92% as the long end steepens
At Bank of Tanzania auction No. 1201 on 17 June, the 364-day weighted-average yield was 6.92%, up about 54bp from 6.38% at the 3 June auction — a clear long-end steepening. The 91-day eased to 3.56% and all tenors were oversubscribed. The Central Bank Rate stays at 5.75%, a third straight hold.
Source: Bank of Tanzania · as at 23 Jun 2026
Go deeper →Gold
Gold near $4,129/oz, off ~1.5% on Fed repricing
Global spot gold traded near USD 4,129/oz on 23 June, off about 1.5% as markets repriced for a possible Fed hike. Domestically, the Bank of Tanzania's Domestic Gold Purchase Programme has accumulated about 27.5 tonnes — roughly TZS 10tn — with gold making up about a third of exports and shipments up 38.5% y/y to around USD 5.2bn in the year to March.
Source: Bank of Tanzania · as at 23 Jun 2026
Go deeper →Currency
Shilling broadly stable near 2,632 per dollar
The Bank of Tanzania official mean stood at 2,632.48/USD on 23 June (buy 2,619.39 / sell 2,645.58), little changed from about 2,630 a day earlier. The shilling remains down roughly 6.1% year-to-date.
Source: Bank of Tanzania · as at 23 Jun 2026
Go deeper →The Ghost
The model book
The Ghost's hypothetical TZS 500m book is +1.81% since inception, with NMB Bank its largest equity position.
Open the Ghost tracker →