DSE All-Share
4,102.94
As at DSEI · 6 Jul close · record · DSE closed 7 Jul (Saba Saba)
Permanent edition · Vol. I · No. 188
The Brief
Tuesday, 7 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 · no holiday sheet
BoT rate
6.25%
As at CBR · Q3 2026
Inflation
4.2%
As at May · range top
This edition in 60 seconds
- 01Saba Saba day: DSE closed and security deployed across Dar, with a quiet commemoration the base case
- 02Monday's pre-holiday tape: about TZS 14.4bn traded as CRDB leads the banks into the Saba Saba pause
- 03The front end waits on auction No. 1203: 91-day bills at 3.45% sit about 280bp below the new 6.25% CBR
Politics
Saba Saba day: DSE closed and security deployed across Dar, with a quiet commemoration the base case
Signal
Markets are closed for Saba Saba and security is deployed across Dar; a quiet commemoration is the base case after the rally ban.
Why it matters
It is the sharpest domestic test since the election; with deterrence this visible, any actual unrest would carry a far higher signal.
What to watch
Whether 7 July passes quietly, and the tone into the 17 Jul Vision 2050 launch in Dodoma.
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 6 Jul 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Markets
Monday's pre-holiday tape: about TZS 14.4bn traded as CRDB leads the banks into the Saba Saba pause
Signal
Monday's session put ≈TZS 14.4bn through the board, led by CRDB and NMB, with CRDB up 3.97% on the live board; index close unpublished.
Why it matters
Bank momentum carried the record tape into the holiday; the pending 6 Jul index print shows whether the 6.25% CBR repriced it.
What to watch
The 6 Jul index prints and Wednesday's reopen; whether CRDB and NMB breadth survives the pause.
Rates
The front end waits on auction No. 1203: 91-day bills at 3.45% sit about 280bp below the new 6.25% CBR
Signal
Auction No. 1202 (2 Jul) cleared the 91-day at 3.4549% and the 364-day at 7.1175% on 3.6x demand; none held since the +50bp move.
Why it matters
Mid-July's No. 1203 is the first test of policy pass-through; whether bill yields follow the CBR higher or demand keeps them pinned.
What to watch
The 91-day WAR at No. 1203 and whether the 364-day holds above 7%.
Policy
Samia swears in senior officials for the new five-year plan and sets a 60% medicines self-sufficiency target
Signal
The President swore in senior officials to open FYDP-era delivery and set a 60% medicines self-sufficiency target for 2030.
Why it matters
Personnel placement plus a health-industrial target adds a manufacturing dimension to Vision 2050 ahead of its 17 Jul formal launch.
What to watch
Whether the 17 Jul Dodoma launch names financing vehicles for the ≈TZS 120tn anchor projects.
Source: Open-source reporting · first seen 2026-07-07
Go deeper →Macro
June CPI, due mid-July, is the first band test after the fuel subsidy and the 50bp hike
Signal
May headline inflation ran 4.2% (Apr 4.0%) with transport 11.9% y/y on fuel pass-through; the June print lands mid-July.
Why it matters
It is the first read on whether the fuel subsidy and the +50bp CBR keep Mainland inflation inside the 3-5% target band.
What to watch
The transport component and whether headline holds under the 5% band top.
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
Post-holiday DSE tape & 6 Jul index prints
8-10 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 (6 Jul 2026); rates, FX and gold to the Bank of Tanzania. Figures are as reported and require refresh against official data.