DSE All-Share
4,444.48
As at DSEI · 28 Aug close · daily move
Permanent edition · Vol. I · No. 240
The Brief
Sunday, 30 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
9,924.23
As at TSI · 28 Aug close · daily move
USD / TZS
2,639.88
As at BoT mean · 30 Aug sheet
BoT rate
6.25%
As at CBR · Q3 2026
Inflation
4.2%
As at NBS · July 2026 headline
This edition in 60 seconds
- 01Comparability, liquidity breadth and Wednesday's bond auction set the next evidence tests
- 02Monday first tests whether official levels can become comparable returns again
- 03The next sessions test whether Friday's value spreads beyond two banks
The week ahead
Comparability, liquidity breadth and Wednesday's bond auction set the next evidence tests
Signal
4,444.48 and 9,924.23 enter Monday as official Friday levels, while NMB and CRDB supplied 96.5% of Friday turnover.
Why it matters
The index basis break still blocks a weekly return, so the coming week must be read through official levels, company endpoints and value distribution.
What to watch
Confirmation would be broader traded value and comparable index evidence. Weakening evidence would be continued concentration or an unresolved basis break.
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 28 Aug 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Index test
Monday first tests whether official levels can become comparable returns again
Signal
4,444.48 and 9,924.23 are official 28 August levels; returns across the 26 August scale discontinuity remain unavailable.
Why it matters
An official level can remain valid while a cross-break return is not, so direction should not be inferred from the discontinuity.
What to watch
Confirmation: an official DSE methodology notice or a clean comparable series. Weakening evidence: the basis break remains unresolved.
Liquidity test
The next sessions test whether Friday's value spreads beyond two banks
Signal
Friday equity turnover was TZS 10.200bn; NMB supplied TZS 8.543bn and CRDB supplied TZS 1.304bn.
Why it matters
Twenty counters traded, but the two banks supplied 96.5% of value, leaving headline liquidity narrow in distribution.
What to watch
Confirmation: more counters supply visible value from 31 August. Weakening evidence: NMB and CRDB continue to absorb nearly all turnover.
Company test
Comparable company dispersion needs traded support in the new week
Signal
Excluding NMB's subdivision break, 10 of 27 comparable counters rose, 11 fell and six were unchanged Friday-to-Friday.
Why it matters
Ticker endpoints preserved a usable company-level signal even though index-level weekly returns were unavailable.
What to watch
Confirmation: the leading endpoint moves retain visible trading support. Weakening evidence: large moves persist without traded value.
Source: DSE official close history · first seen 2026-08-30
Go deeper →Rates catalyst
Wednesday's 10-year bond auction is the week's dated sovereign-rate test
Signal
BoT scheduled a 10-year Treasury bond reopening for 2 September; the latest 10-year yield marker is 10.87% from 22 July.
Why it matters
The auction gives the week a primary-source checkpoint, while the prior marker is context rather than a forecast of the new result.
What to watch
Confirmation or weakening comes only from the official auction result, including yield, demand and allocation on its own publication date.
FX and gold test
The next source-dated readings test a slightly firmer shilling and higher gold
Signal
BoT USD/TZS fell 0.16% from 21 to 28 August; Mining Commission world gold rose 1.34% over the same endpoints.
Why it matters
Both moves were modest and source-dated, so each should be tested on its own official series rather than combined into one directional call.
What to watch
Confirmation: subsequent official observations extend either move. Weakening evidence: the corresponding source series reverses it.
Operating evidence
Dar port's final outturn remains the undated test behind a stronger achieved base
Signal
TPA reported 30.8mn tonnes in the first 11 months of FY2025/26, above 27.7mn tonnes in all of FY2024/25.
Why it matters
The achieved volume is measurable operating evidence, while the 33.7mn-tonne full-year figure remains a projection.
What to watch
Confirmation: a dated final TPA outturn with cargo mix, dwell time and rail share. Weakening evidence: the projection is not supported by final data.
Source: Tanzania Ports Authority · first seen 2026-08-30
Go deeper →The Ghost · edition context
The model-book allocation read
The Ghost remains a hypothetical education layer at +13.35% since inception. The week ahead tests evidence quality and participation, not a predicted market direction.
Open the current Ghost tracker →What this edition watched
DSE comparability and turnover
Test whether official levels become comparable and traded value broadens beyond two banks.
31 Aug and the next verified sessions
10-year Treasury bond auction
Read the official yield, demand and allocation without forecasting the result.
2 Sep
FX and gold markers
Test each modest move on its own authority series.
Next official dated observations
Dar port final outturn
Separate achieved full-year throughput from the current projection.
Next official TPA release
Information and education only. This Week-ahead Brief is frozen to the verified DSE close (28 Aug 2026) and frames observable tests for the week of 31 Aug to 4 Sep 2026. Cross-break index returns remain unavailable. It is not investment advice, a recommendation or a solicitation. For live market updates, see Markets.