DSE All-Share
4,183.38
As at DSEI · 7 Aug close · latest verified
Permanent edition · Vol. I · No. 221
The Brief
Sunday, 9 August 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.
Tanzania Share Index
9,169.71
As at TSI · 7 Aug close · domestic board
USD / TZS
2,644.79
As at BoT mean · 7 Aug sheet
BoT rate
6.25%
As at CBR · Q3 2026
Inflation
4.0%
As at BoT MER · June 2026 headline
USD / TZS in this edition: BoT mean · 7 Aug sheet. Source: Bank of Tanzania daily rates ↗
This edition in 60 seconds
- 01A narrow equity tape meets a dated rates test while credit evidence awaits confirmation
- 02The next sessions test whether a narrow board can reconnect the two indices
- 03Two banks set the turnover baseline; distribution is the next evidence
The week ahead
A narrow equity tape meets a dated rates test while credit evidence awaits confirmation
Signal
4,183.38 enters Monday after a 0.17% weekly fall and 9,169.71 a 0.49% decline; NMB and CRDB carried 85.4% of TZS 25.77bn turnover.
Why it matters
Only six of 19 comparable counters rose, while the 91-day yield sits about 290bp below the CBR ahead of the verified 12 August bill auction.
What to watch
Whether value broadens; what the 12 August auction changes on the curve; and whether the next data sustain 28.1% credit growth.
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 7 Aug 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Breadth test
The next sessions test whether a narrow board can reconnect the two indices
Signal
4,183.38 fell 0.17% Friday-to-Friday and 9,169.71 0.49%; six of 19 comparable counters rose while Commercial Services gained 1.86%.
Why it matters
The sector gain did not turn the broader week higher. Wider participation, not one headline move, would strengthen the next index reading.
What to watch
Confirmation: more comparable counters rise and DSEI and TSI align. Weakening evidence: breadth stays thin or the indices keep diverging.
Liquidity test
Two banks set the turnover baseline; distribution is the next evidence
Signal
Five verified sessions carried TZS 25.77bn; NMB and CRDB supplied TZS 22.02bn, or 85.4%, and exceeded 73% in every session.
Why it matters
The total describes available liquidity only after its concentration is visible. Broader value would reduce dependence on two counters.
What to watch
Confirmation: turnover spreads across more names. Weakening evidence: the banks again dominate value even if the total rises.
Dated rates catalyst
The 12 August bill auction is the week's cleanest scheduled rates test
Signal
The latest 91-day yield is 3.3472%, about 290bp below the 6.25% CBR; the 182-day is 4.7799% and the 364-day 7.0258%.
Why it matters
Those points remain from 15 July. The verified 12 August auction can update the curve without treating an old result as current pricing.
What to watch
Confirmation or weakening comes from the official result: clearing tenors, weighted yields and the disclosed demand pattern.
Credit thesis
Credit acceleration needs persistence and sector detail, not extrapolation
Signal
BoT's July review put June private-credit growth at 28.1%, up from 23.2% in May; headline inflation eased to 4.0% while core rose to 3.7%.
Why it matters
Faster intermediation arrived without a headline-inflation break, but the core measure moved higher. One monthly print cannot settle durability.
What to watch
Confirmation: the next review sustains growth across sectors. Weakening evidence: a reversal or concentration in a narrow lending category.
Currency test
The next official sheets test a modest weekly shilling gain and Friday reversal
Signal
BoT's USD/TZS mean fell 0.19% from 2,649.7472 on 31 July to 2,644.7918 on 7 August; Friday alone recorded a 0.03% rise.
Why it matters
The intervals moved in opposite directions. More same-source observations are needed before either becomes a durable currency signal.
What to watch
Confirmation: subsequent official means remain below 31 July. Weakening evidence: the Friday reversal extends beyond one observation.
Dated issuer catalyst
NMB's subdivision sequence provides a mechanical liquidity test, not a value signal
Signal
The issuer notice sets 19 August as the final cum-split day, 20 to 21 August for suspension and 24 August for effectiveness and resumption.
Why it matters
A one-for-ten split changes shares outstanding and unit price, not aggregate economic value. Its evidence is order count, spread, depth and turnover.
What to watch
Confirmation: the sequence occurs as notified and participation broadens. Weakening evidence: activity stays concentrated after the reset.
Source: NMB Bank Plc · edition 2026-08-09
Go deeper →The Ghost · edition context
The model-book allocation read
The Ghost's hypothetical TZS 500m model ledger enters the week at +8.40% since inception at its 7 Aug mark. The observable tests are broader listed-market participation, the official 12 August rates print and the dated NMB mechanics; not trading signals.
Open the current Ghost tracker →What this edition watched
DSE breadth and turnover distribution
Six of 19 comparable counters rose, while NMB and CRDB supplied 85.4% of five-session turnover; the next closes test whether breadth and value spread.
week of 10 Aug 2026
Bank of Tanzania Treasury-bill auction
The verified issuance calendar provides the week's dated rates test; the official result will update tenors, weighted yields and disclosed demand.
12 Aug 2026
Next official private-credit publication
June private-credit growth accelerated to 28.1% from 23.2% in May; the next report tests persistence and sector distribution.
next BoT Monthly Economic Review · date not announced
Next official FX and reserve publications
USD/TZS ended 0.19% lower Friday-to-Friday and import cover stood at 4.4 months; each series requires its own next official observation.
next BoT publications · dates not announced
NMB share-subdivision sequence
The verified issuer milestones provide observable order-count, spread, depth and turnover evidence after the mechanical unit-price change.
19 to 24 Aug 2026
Week-ahead edition; a forward framing of Monday 10 through Friday 14 August 2026, frozen to the Friday verified close (7 Aug 2026). 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 DSE authority files; the TZS 25.77bn weekly turnover is the sum of five verified session tapes. Rates, the 12 August Treasury-bill date and FX use Bank of Tanzania records; credit, inflation, reserves and exports use the July 2026 Bank of Tanzania Monthly Economic Review published on 5 August. NMB dates use the reviewed issuer notice. The current Wire hand-off was read first: its one primary-grade administrative candidate was deliberately omitted because it did not change the selected verified market, macro or dated-catalyst evidence. A verified foreign-flow split and a same-source weekly gold return were unavailable and are not inferred. Undated checkpoints remain explicitly undated. For live levels, see Markets.