DSE All-Share
4,102.94
As at DSEI · 6 Jul close (−0.33% vs 3 Jul) · DSE reopens 8 Jul
Permanent edition · Vol. I · No. 189
The Brief
Wednesday, 8 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
2,632
As at BoT mean · 7 Jul · −6.1% YTD
Gold · $/oz
$4,168
As at BoT ref · 5 Jul sheet, latest on 8 Jul read
BoT rate
6.25%
As at CBR · Q3 2026
Inflation
4.2%
As at May · range top
This edition in 60 seconds
- 01Saba Saba passes as a shutdown, not a clash: Kariakoo deserted under heavy security as the market reopens
- 02The DSE reopens after the holiday with Monday's soft index print still to reconcile against bank strength
- 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 passes as a shutdown, not a clash: Kariakoo deserted under heavy security as the market reopens
Signal
Saba Saba passed as a shutdown, not a clash; Kariakoo deserted, businesses shut and transport grounded under heavy security.
Why it matters
Deterrence held at a visible one-day economic cost; quiet-by-lockdown is not quiet-by-consent, but the runway to the 17 Jul Vision 2050 launch is clear.
What to watch
The reopening DSE tape, and whether the grievance channel resurfaces before the 17 Jul Dodoma launch.
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
The DSE reopens after the holiday with Monday's soft index print still to reconcile against bank strength
Signal
The DSE reopens 8 Jul; the verified 6 Jul close has the All-Share at 4,102.94 (−0.33%) even as banks led ≈TZS 14.4bn of turnover.
Why it matters
The Week 27 report is the arbiter of the session-labelling gap; a soft index against visible CRDB and NMB strength on the board.
What to watch
Wednesday's tape and the Week 27 report; whether bank momentum survived the Saba Saba 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; re-verified 8 Jul from bot.go.tz.
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
Vision 2050 rollout builds to the 17 Jul Dodoma launch as institutions align policies to the new plan
Signal
With Saba Saba passed, the Vision 2050 rollout builds to its 17 Jul Dodoma launch; institutions are aligning policies this month.
Why it matters
Which of the ≈TZS 120tn anchor projects; LNG foremost, Liganga-Mchuchuma, Kabanga, Engaruka; get financing vehicles matters most.
What to watch
Whether financing vehicles for the anchor projects are named from the podium on 17 Jul.
Source: Open-source reporting · first seen 2026-07-07
Go deeper →Macro
IMF WEO update due 8 July is the fresh external benchmark against the government's 6.3% growth target
Signal
The IMF's WEO update, due 8 Jul, is the fresh external read on Tanzania against the gov't/BoT 6.3% target and AfDB's 5.4% forecast.
Why it matters
Q4 2025 actual growth was 5.7% and 2025 full-year 6.0%; an external mark shows how much of the 2026 target is stretch.
What to watch
The WEO Tanzania print, then the June CPI band test due mid-July.
Source: Open-source reporting · first seen 2026-07-08
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
Post-holiday DSE tape & Week 27 report
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.