DSE All-Share
3,931.59
As at DSEI · vs 22 Jun
Permanent edition · Vol. I · No. 176
The Brief
Thursday, 25 June 2026
A frozen reading of Tanzania's markets, capital and policy. Figures remain bound to their stated observations; this archive never inherits a newer market tape.
USD / TZS
2,632
As at −6.1% YTD
Gold · $/oz
$3,988
As at as at 25 Jun
BoT rate
5.75%
As at 3rd hold
Inflation
4.0%
As at Apr
This edition in 60 seconds
- 01Tanzania enters 2026/27 with a record budget and a 25-year horizon
- 02DSE adds 1.35% in Week 25 as turnover jumps 81%
- 03BoT holds at 5.75% for a third quarter; 364-day T-bill at 6.92%
Fiscal Year Turns
Tanzania enters 2026/27 with a record budget and a 25-year horizon
Parliament approved the TZS 62.33tn (about USD 24bn) 2026/27 budget by 385 of 393 votes on 23 June, effective 1 July, committing TZS 1.2tn to clearing arrears and pledging tighter expenditure controls while targeting 6.3% GDP growth. As Vision 2025 reaches its statutory close, the government pivots to DIRA 2050; a USD 1 trillion ambition launching 1 July, anchored by LNG, Kabanga Nickel, the Liganga to Mchuchuma complex and Engaruka soda ash, with private capital cast as the principal driver.
Source: Open-source reporting · observed 2026-06-24
Go deeper →Archive format · published before the three-part editorial schema
Did the domestic market and the headline index move together or apart over the covered quarter?
The domestic market against the headline index
As at 24 Jun 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
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 to 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, and the Commercial Services index slipped 1.85%.
Source: Dar es Salaam Stock Exchange · first seen 2026-06-23
Go deeper →Archive format · published before the three-part editorial schema
Rates
BoT holds at 5.75% for a third quarter; 364-day T-bill at 6.92%
The Bank of Tanzania kept the Central Bank Rate at 5.75% for Q2 2026; a third straight hold; with the 7-day interbank band at 4.25 to 7.25% and inflation judged contained within the 3 to 5% objective as Q1 2026 GDP growth reached 6.2%. At auction No. 1201 on 17 June the 364-day weighted-average yield was 6.92%, up about 54bp from 6.38% on 3 June, while the 91-day eased to 3.56% and all tenors were oversubscribed.
Source: Bank of Tanzania · first seen 2026-06-25
Go deeper →Archive format · published before the three-part editorial schema
Fiscal
TRA collects TZS 28tn in nine months, beating target
The Tanzania Revenue Authority collected TZS 9.31tn in the January to March quarter, up 23.6% year-on-year and above the TZS 8.75tn target, bringing July 2025 to March 2026 collections to TZS 28.0tn against a TZS 26.8tn goal. Officials credit voluntary compliance and electronic fiscal systems. The overshoot gives Treasury room to fund the TZS 1.2tn arrears clearance without leaning harder on borrowing as the new fiscal year and DIRA 2050 spending begin together.
Source: Open-source reporting · first seen 2026-06-25
Go deeper →Archive format · published before the three-part editorial schema
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, with gross official reserves around USD 6.08bn as at March.
Source: Bank of Tanzania · first seen 2026-06-23
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
FY2026/27 budget & DIRA 2050 take legal effect
1 Jul 2026
DSE Week 26 to 27 reports test the +81% turnover spike
Early Jul 2026
Next Bank of Tanzania MPC decision (4th straight hold?)
Q3 2026
Strait of Hormuz shipping & US to Iran peace talks
Ongoing
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.