Strategy
Vision 2050 launch nears as DIRA planning instruments reach parliament
Signal: DIRA 2050 planning instruments (LTPP, FYDP IV, the 2026/27 plan) are before parliament ahead of a formal launch.
Why it matters: The package gives Vision 2050 an implementation spine just as FY2026/27 begins, shaping the medium-term policy and financing backdrop.
What to watch: President Samia's launch event in Dar es Salaam, expected in the coming days, and the first strategic-project funding commitments.
Source: Open-source reporting · as at 24 Jun 2026
Markets
DSE All-Share firms 0.38% to 3,931.59, up 67.6% on the year
Signal: The All-Share rose 0.38% to 3,931.59 at the 24 June DSE official close, +67.6% y/y.
Why it matters: Continued firmness after a strong Week 25 (+1.35% w/w, turnover +81%) points to durable participation.
What to watch: Whether turnover and breadth carry into Week 26 or fade back to typical thin volumes.
Source: Dar es Salaam Stock Exchange · as at 24 Jun 2026
Rates
364-day T-bill yield at 6.92% as the long end steepens
Signal: The 364-day weighted yield settled ~54bp higher at 6.92% at auction 1201; the 91-day eased to 3.56%.
Why it matters: A steepening curve with the Central Bank Rate held at 5.75% reflects term-premium repricing at the long end ahead of FY2026/27 borrowing.
What to watch: BoT auction No. 1202 in early July for whether the long-end climb continues.
Source: Bank of Tanzania · as at 24 Jun 2026
Go deeper →Gold
Gold eases to ~$4,079/oz on hawkish-Fed repricing
Signal: Spot gold near USD 4,079/oz, down from ~$4,129 a day earlier on hawkish-Fed repricing.
Why it matters: Gold is a major export earner; the BoT's purchase programme holds ~27.5 tonnes (~TZS 10tn) and exports are +38.5% y/y.
What to watch: Whether external repricing feeds through to domestic purchase pricing and reserve accumulation.
Source: Bank of Tanzania · as at 24 Jun 2026
Go deeper →Currency
Shilling broadly stable near 2,632 per dollar
Signal: BoT official mean 2,631.58/USD, broadly stable day-on-day despite a firmer dollar.
Why it matters: The shilling is down ~6.1% YTD; relative stability eases imported-inflation pressure into the new fiscal year.
What to watch: Whether the managed float holds near 2,630 as FY2026/27 begins.
Source: Bank of Tanzania · as at 24 Jun 2026
Go deeper →The Ghost
The model book
The Ghost's hypothetical TZS 500m book is +1.84% since inception, with NMB Bank its largest equity position.
Open the Ghost tracker →