DSE All-Share
4,682.13
As at DSEI · 25 Sep close
Weekly visual edition · Vol. I · No. 267
The Weekly Brief
Saturday, 26 September 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
10,419.49
As at TSI · 25 Sep close
USD / TZS
2,646.23
As at BoT mean · 26 Sep sheet
BoT rate
6.25%
As at Central Bank Rate · Q3 2026
USD / TZS in this edition: BoT mean · 26 Sep sheet. Source: Bank of Tanzania daily rates ↗
This edition in 90 seconds
- 01Domestic shares rose faster than the wider market
- 02Domestic share prices rose faster than the all-share index
- 03The 364-day Treasury bill yield fell at the latest auction
The week in review
Domestic shares rose faster than the wider market
Signal
Tanzania’s share-price measures rose this week. Domestic companies gained more than the wider market.
Why it matters
From 18 to 25 September, the domestic index gained 2.49% and the all-share index gained 1.74%. Friday close: DSEI 4,682.13, TSI 10,419.49.
What to watch
Industrial shares fell, so the rise was uneven. Trading participation needs a separate measure.
The visual flagship · seven linked lenses
One week. One market story. Seven ways to test it.
Start with DSEI versus TSI, then test the money, breadth, rates, currency, hypothetical model-book terrain and household transmission chain. Every lens stays frozen to this edition's stated observations.
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 25 Sep 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
02 · Turnover concentration
How much traded, and how much did one counter carry?
The week’s money had 5 very different shapes.
As at 2026-09-25
Source: Dar es Salaam Stock Exchange ↗
TZS 11.76bn
MonKCB · 32.7%TZS 5.07bn
TueCRDB · 70.6%TZS 4.13bn
WedNMB · 59.8%TZS 2.73bn
ThuCRDB · 47.3%TZS 3.78bn
FriNMB · 50.3% Session turnover Leading counter shareExplainTurnover concentrationShare of turnover in the leading counterTurnover concentration is the share of total traded value accounted for by one counter or a stated group of counters.How it is calculatedSelected counter turnover ÷ total session turnover × 100.What it does not meanA high share does not establish unusual demand, fair value or repeatable liquidity.Source or method: KCP calculation from DSE traded valueSee it in context →Open the full glossary →Definition only · information and education, not advice
27.47bn shillings traded across 5 sessions, but the darker segment shows why activity and breadth are different questions.
03 · Breadth map
Did the board move with the headline?
12 advanced. 11 declined. The index hid the split.
As at 2026-09-25
Source: DSE verified close history ↗
▲ 12 upExplainDirectional breadthShare of moving counters that advancedDirectional breadth is the share of counters with a price move that advanced rather than declined.How it is calculatedAdvancers ÷ (advancers + decliners). Unchanged and non-trading counters are excluded.What it does not meanIt is not the share of all listed counters, and it says nothing about how much money traded in each name.Source or method: KCP calculation from DSE close countsSee it in context →Open the full glossary →Definition only · information and education, not advice▼ 11 down= 5 unchanged
Only counters with a close inside the weekly window and a prior comparable close enter this map. Names without an in-window print are excluded, not labelled unchanged.
04 · Rates hurdle
What did safe local-currency paper yield?
The short end sat below policy; the 364-day point cleared it.
As at 2026-09-23
Source: Bank of Tanzania ↗
Central Bank Rate6.25%
2026-09-2591D3.39%
2026-09-23182D5.29%
2026-09-23364D6.29%
2026-09-23The comparison is a hurdle-rate lens, not a ranking or recommendation. Tenor, duration, liquidity and reinvestment remain different across the instruments shown.
05 · Local vs hard currency
What remained after translating the week through USD/TZS?
A softer shilling reduced, but did not erase; the index gains.
As at 2026-09-25
Source: DSE and Bank of Tanzania
DSEI
Local-currency index change+1.74%
Mechanical USD translation+1.57%
TSI
Local-currency index change+2.49%
Mechanical USD translation+2.33%
USD/TZS weakened 0.16% over the matched weekly window. The hard-currency line is (1 + local index change) ÷ (1 + FX change) − 1; it is an index translation, not an investable portfolio return, and excludes dividends, costs and tax.
Share prices
Domestic share prices rose faster than the all-share index
Signal
Tanzania’s two main share-price measures rose this week. Domestic-company prices rose faster.
Why it matters
From 18 to 25 September, the domestic index gained 2.49% and the all-share index gained 1.74%. Banks and services also rose; industrial shares fell.
What to watch
The next verified close can test whether the difference persists. Index gains do not show how many people traded.
Government borrowing
The 364-day Treasury bill yield fell at the latest auction
Signal
The government borrowed for 364 days at a lower implied annual rate in the latest auction.
Why it matters
The 23 September auction yielded 6.29%, against 6.47% on 9 September. A bill yield describes the auction price, not a guaranteed saver result after costs.
What to watch
The next published auction can show whether the same maturity changes again. No result is assumed.
Currency context
The official dollar mean moved slightly in shilling terms
Signal
One US dollar cost slightly more shillings in the official Friday currency sheet than a week earlier.
Why it matters
The Bank of Tanzania mean was TZS 2,645.45 on 25 September, versus TZS 2,641.34 on 18 September. Customer rates and fees differ.
What to watch
The next dated official sheet can show whether that small move persists. It cannot explain a share-price move by itself.
Opportunity Wire
Kenya guarantee offers a regional cold-storage example
Signal
A report describes a loan guarantee for solar cold storage in Kenya. It does not provide funding for Tanzania.
Why it matters
Absa Bank Kenya, UNCDF and UNDP are named. A guarantee shares lending risk, but the report gives no Tanzanian facility or local borrower.
What to watch
A named Tanzanian agreement would establish a direct local link. None is announced in this report.
Source: foodbusinessmea.com · published 2026-09-26
Go deeper →The Ghost · edition context
The model-book allocation read
The Ghost hypothetical model book was +19.00% since inception at its 25 September mark. Contributions are separate from performance; this is not a real portfolio.
Open the current Ghost tracker →What this edition watched
Next verified share close
Tests whether the domestic and all-share index gap persists. It does not count investors.
Next official DSE session; date not yet published
Next Treasury bill result
Compares the 364-day yield with the 23 September result at the same maturity.
Date not stated in the current record
Tanzanian cold-storage financing evidence
A named local agreement would turn a Kenyan comparison into a direct Tanzanian development.
No date announced
Information and education, not advice or a solicitation. DSE close: 25 September 2026. Weekly index endpoints: 18 and 25 September. BoT bill auction: 23 September. Official currency sheet: 25 September. Regional press article: 25 September, included in Opportunity Wire on 26 September. Full-week equity turnover is unavailable from the current verified daily report set. Live updates: Markets.