DSE All-Share
4,187.22
As at DSEI · 3 Aug close · latest verified
Permanent edition · Vol. I · No. 216
The Brief
Tuesday, 4 August 2026
A frozen reading of Tanzania's economy, markets and statecraft. Figures remain bound to their stated observations; this archive never inherits a newer market tape.
Tanzania Share Index
9,200.17
As at TSI · 3 Aug close · domestic board
USD / TZS
2,646.31
As at BoT mean · 4 Aug sheet
BoT rate
6.25%
As at CBR · Q3 2026
Inflation
4.0%
As at NBS · June 2026 headline
This edition in 60 seconds
- 01The indices barely moved; CRDB and NMB supplied 94.3% of turnover
- 02CRDB and NMB supplied TZS 6.695bn of the TZS 7.096bn session
- 03NMB's balance sheet grew roughly twice as fast as H1 profit
Verified close
The indices barely moved; CRDB and NMB supplied 94.3% of turnover
Signal
4,187.22 slipped 0.08% and 9,200.17 0.16%; TZS 7.096bn traded, with 94.3% in CRDB and NMB.
Why it matters
Twenty of 28 names traded, but decliners led advancers 11 to five. A near-flat index masked narrow liquidity and weak breadth.
What to watch
Whether the next verified close broadens both participation and turnover beyond the two leading banks.
Did the domestic market and the headline index tell the same story over the covered quarter?
The domestic market against the headline index
As at 3 Aug 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Tape
CRDB and NMB supplied TZS 6.695bn of the TZS 7.096bn session
Signal
CRDB supplied 49.6% and NMB 44.7% of verified equity turnover; all other counters supplied 5.7%.
Why it matters
Twenty names traded, yet two banks supplied 94.3% of value. Participation count and distributable liquidity were different signals.
What to watch
The 4 August close tests whether value spreads beyond CRDB and NMB while breadth improves from five advancers.
Banking
NMB's balance sheet grew roughly twice as fast as H1 profit
Signal
H1 group profit rose 13% to TZS 405.8bn; assets, deposits and loans grew 26%, 29% and 26% year on year.
Why it matters
Balance-sheet expansion outpaced profit growth, while the disclosed NPL ratio held at 2.5%.
What to watch
The next official filing tests whether loan growth, profitability and asset quality keep the same relationship.
Source: NMB Bank H1 2026 unaudited disclosure · DSE · first seen 2026-08-04
Go deeper →Earnings
Afriprise's TZS 1.808bn fair-value gain sits in OCI, outside quarterly profit
Signal
Quarterly profit was TZS 3.385bn; TZS 1.808bn of OCI lifted total comprehensive profit to TZS 5.193bn.
Why it matters
Separating profit from other comprehensive income prevents the fair-value gain from being read as operating performance.
What to watch
The next filing tests which portion of comprehensive income recurs and whether the fair-value movement reverses.
Source: Afriprise Q2 2026 unaudited disclosure · DSE · first seen 2026-08-04
Go deeper →Rates
Interbank pricing is close to the CBR; the 91-day bill remains 290bp below
Signal
BoT's 7-day interbank rate was 6.07% on 3 August versus the 6.25% CBR; the latest 91-day bill was 3.3472%.
Why it matters
The interbank gap was 18bp, while the bill gap was about 290bp, separating near-term transmission from short-bill pricing.
What to watch
The next verified bill auction remains undated; its yields test whether the gap narrows or persists.
The Ghost · edition context
The model-book allocation read
The Ghost's hypothetical TZS 500m model book is +8.06% since inception at its 3 Aug mark. Narrow bank-led turnover, issuer filings and rate gaps are terrain for studying concentration, earnings quality and funding conditions — not trades.
Open the current Ghost tracker →What this edition watched
DSE breadth and turnover distribution
The 3 August close had five advancers and 94.3% of equity turnover in CRDB and NMB; the next verified close tests whether breadth and value distribution improve.
after the 4 Aug session
Next official NMB financial filing
H1 balance-sheet growth outpaced profit growth while the disclosed NPL ratio held at 2.5%; the next filing tests the relationship.
date not announced
Next official Afriprise financial filing
Q2 profit and the fair-value gain were reported in separate income components; the next filing tests recurrence and direction.
date not announced
Next verified BoT Treasury-bill result
Auction No. 1203 remains the latest verified result, with the 91-day yield about 290bp below the 6.25% CBR.
date not announced
Edible-oil programme implementation instrument
The reported TZS 500.6bn allocation remains distinct from cash deployment until a budget vote, disbursement profile or audited execution appears.
date not announced
Compiled from public sources for information and education only — not investment advice, a forecast or a recommendation. Equity, index, breadth and turnover figures reconcile to the DSE verified close (3 Aug 2026); rates and FX use Bank of Tanzania publications, and inflation uses NBS. The current Wire hand-off was read first and contained four primary-grade cards. The NMB and Afriprise filings were retained after primary-source review. The CRDB card was omitted because its retained extraction exposed no usable financial table; the older TCCL filing was not repeated. Afriprise profit is kept separate from the TZS 1.808bn fair-value gain recorded in other comprehensive income. The reported edible-oil allocation is not treated as deployed cash. No foreign-flow split is inferred from the official session snapshot. Undated checkpoints remain explicitly undated. For live levels see Markets.