DSE All-Share
4,116.73
As at DSEI · 3 Jul close · record · Mon session underway
Permanent edition · Vol. I · No. 187
The Brief
Monday, 6 July 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
2,630
As at BoT mean · 5 Jul · −6.1% YTD
Gold · $/oz
$4,168
As at 5 Jul BoT ref · up from $4,054
BoT rate
6.25%
As at CBR · Q3 2026
Inflation
4.2%
As at May · range top
This edition in 60 seconds
- 01Saba Saba eve: rally ban enforced with deployments across Dar as the TPDF warns off protest calls
- 02Record tape meets the new rate: DSE reopens from 4,116.73 for its first session under the 6.25% CBR
- 03BoT's 5 July sheet: the shilling drifts to 2,630 as the official gold reference jumps to about $4,168
Politics
Saba Saba eve: rally ban enforced with deployments across Dar as the TPDF warns off protest calls
Signal
On Saba Saba eve, the TPDF warned against social-media protest calls and the rally ban is being enforced with deployments across Dar.
Why it matters
It is the sharpest domestic political test since the election; a quiet 7 Jul clears the runway to the 17 Jul Vision 2050 launch in Dodoma.
What to watch
The security posture and official tone through 7 July, and whether the DSE's record tape trades through the date undisturbed.
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 3 Jul 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Markets
Record tape meets the new rate: DSE reopens from 4,116.73 for its first session under the 6.25% CBR
Signal
The board reopened Monday from Friday's third straight record close (DSEI 4,116.73), the first session priced under the 6.25% CBR.
Why it matters
A 50bp hike shifts the discount math under a market at all-time highs; how the banks trade in the new corridor is the immediate read.
What to watch
Monday's close and banking-name breadth; CRDB and NMB; once the DSE publishes the session.
FX & Gold
BoT's 5 July sheet: the shilling drifts to 2,630 as the official gold reference jumps to about $4,168
Signal
BoT's 5 Jul indicative sheet put USD/TZS at a 2,630.04 mean, from 2,625.66 on 2 Jul, with the gold reference up at ≈$4,168/oz.
Why it matters
Record bullion underwrites reserves (≈$6bn, 4.3 months of imports) and export earnings while the shilling stays −6.1% YTD firm.
What to watch
Whether the gold reference holds above $4,100 and the shilling's drift stays inside its 30-day band.
Fiscal
TRA books TZS 30.18tn for July to March, 5.9% above estimate, as enforcement lifts income tax
Signal
TRA collected TZS 30,182.8bn over Jul 2025 to Mar 2026 against a TZS 28,499.5bn estimate (+5.9%); March income tax beat target by 17.2%.
Why it matters
Revenue outperformance is the credibility base under the TZS 62.33tn FY2026/27 budget, now in its first full week of legal execution.
What to watch
Q4 collections and whether the ≈TZS 100bn/month arrears earmark is honoured from July.
Source: Open-source reporting · first seen 2026-07-06
Go deeper →Trade
DITF runs with 23-plus countries as Vision 2050's commercial week opens ahead of the Dodoma launch
Signal
The Sabasaba trade fair is running with 23+ countries exhibiting, with Vision 2050 in legal effect ahead of its 17 Jul formal launch.
Why it matters
The fair is the commercial face of the week; which of ≈TZS 120tn anchor projects get financing vehicles named on 17 Jul is the market question.
What to watch
Podium specifics on 17 Jul; financing vehicles for LNG, Liganga-Mchuchuma, Kabanga and Engaruka.
Source: Open-source reporting · first seen 2026-07-06
Go deeper →The Ghost · edition context
The model-book allocation read
The Ghost's hypothetical TZS 500m book is +4.26% since inception, with NMB Bank its largest equity position.
Open the current Ghost tracker →What this edition watched
Saba Saba commemoration
7 Jul 2026
BoT T-bill auction No. 1203
~mid-Jul 2026
June CPI print
~mid-Jul 2026
Vision 2050 formal launch, Dodoma
17 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 (3 Jul 2026); rates, FX and gold to the Bank of Tanzania. Figures are as reported and require refresh against official data.