DSE All-Share
3,979.24
As at DSEI · vs 25 Jun
Permanent edition · Vol. I · No. 177
The Brief
Friday, 26 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
$4,010
As at as at 26 Jun
BoT rate
5.75%
As at 3rd hold
Inflation
4.0%
As at Apr
This edition in 60 seconds
- 01DSE All-Share jumps 2.38% to 4,025 as cross-listed banks outpace the domestic tape
- 02DIRA 2050 implementation instruments launch 29 June
- 03BoT holds at 5.75%; 364-day T-bill jumps to 6.92%
Markets
DSE All-Share jumps 2.38% to 4,025 as cross-listed banks outpace the domestic tape
Signal
The DSE All-Share rose 2.38% to 4,025.11 on 26 June, far outpacing the domestic indices as cross-listed KCB (+4.86%) led the board.
Why it matters
The Tanzania Share Index rose only 0.83% and Banks 0.76%, so cross-listed weight drove the headline; NMB held flat while CRDB added 1.57% on heavy volume.
What to watch
Whether cross-listed strength holds into the 1 July fiscal-year turn; the DSE's verified Week 26 index prints in early July.
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 25 Jun 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Strategy
DIRA 2050 implementation instruments launch 29 June
Signal
President Samia presides over the 29 June launch of DIRA 2050's implementation instruments in Dar es Salaam, with operational start set for 1 July.
Why it matters
The long-term plan (2026/27 to 2050/51), FYDP IV and the 2026/27 budget now move together, giving the USD 1tn-by-2050 ambition an execution spine.
What to watch
First strategic-project funding commitments and PPP frameworks signalled at the ceremony.
Source: Open-source reporting · first seen 2026-06-26
Go deeper →Rates
BoT holds at 5.75%; 364-day T-bill jumps to 6.92%
Signal
The Central Bank Rate stayed at 5.75% for a third straight quarter; at auction No. 1201 on 17 June the 364-day weighted-average yield cleared 6.92%, up ~54bp.
Why it matters
A steeper front end even as policy holds; the long bill richening points to expected fiscal supply ahead of the new year's borrowing programme.
What to watch
Auction No. 1202 in early July confirms whether the 364-day steepening persists.
Currency
Shilling steady near 2,632/USD; gold firm at ~$4,010
Signal
The Bank of Tanzania official mean held near 2,632/USD into the fiscal-year turn, down roughly 6.1% YTD, while global gold traded firm around $4,010/oz.
Why it matters
A stable shilling and elevated gold; exports up 38.5% y/y; underpin official reserves of about USD 6.08bn as DIRA 2050 spending begins.
What to watch
Whether FX stability holds once 1 July budget measures and arrears clearance begin.
Fiscal
TRA beats target with TZS 28tn collected in nine months
Signal
TRA collected TZS 28.0tn from July 2025 to March 2026 against a TZS 26.8tn target; the Jan to Mar quarter alone was TZS 9.31tn, up 23.6% year-on-year.
Why it matters
The overshoot helps fund the TZS 1.2tn arrears clearance without leaning harder on borrowing as the record FY2026/27 budget takes effect.
What to watch
TZS 1.2tn arrears disbursement and any domestic-borrowing pressure on yields after 1 July.
Source: Open-source reporting · first seen 2026-06-25
Go deeper →The Ghost · edition context
The model-book allocation read
The Ghost's hypothetical TZS 500m book is +1.94% since inception, with NMB Bank its largest equity position.
Open the current Ghost tracker →What this edition watched
DIRA 2050 implementation instruments launch ceremony
29 Jun 2026
FY2026/27 budget & DIRA 2050 take legal effect
1 Jul 2026
Next BoT T-bill auction No. 1202
Early Jul 2026
DSE verified index for 26 Jun + Week 26 reports
Early Jul 2026
Compiled from open-source reporting for information and education only; not investment advice. Equity and index figures reconcile to the Dar es Salaam Stock Exchange verified close; rates, FX and gold to the Bank of Tanzania. Figures are as reported and require refresh against official data.