DSE All-Share
4,682.13
As at DSEI · 25 Sep close
Permanent edition · Vol. I · No. 268
The Brief
Sunday, 27 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 · 27 Sep sheet
BoT rate
6.25%
As at Central Bank Rate · Q3 2026
USD / TZS in this edition: BoT mean · 27 Sep sheet. Source: Bank of Tanzania daily rates ↗
This edition in 60 seconds
- 01Can the share-price rise hold across more of the market?
- 02Will the next verified close show a wider rise?
- 03What would the next bill auction establish?
The week ahead
Can the share-price rise hold across more of the market?
Signal
Tanzania’s share-price measures rose last week. The next verified closes can show whether that rise reaches more sectors.
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 during the same week. New prices and trading records can test breadth; no outcome is known.
Close anatomy
Was the market move broadly funded?
25 Sep 2026 verified close
10 of 15 moving counters advanced, while 90.2% of turnover passed through NMB, CRDB, VODA.
Market participation
10 up / 5 downAdvanced10
Declined5
Unchanged5
20 traded counters. Each lit segment is one counter; all three rails use the same scale.
Turnover concentration
90.2% top 3NMB 50.3%CRDB 33.5%VODA 6.4%Other 9.8%
Largest verified moves
Not the full board- MUCOBA+11.11%
- MBP+2.87%
- CRDB+2.44%
- DCB-4.55%
- NICO-3.48%
- NMG-3.33%
Share prices
Will the next verified close show a wider rise?
Signal
Domestic share prices rose 2.49% from 18 to 25 September. Industrial shares moved the other way.
Why it matters
The all-share index gained 1.74%. These are price measures; they do not count traders or show that every sector rose.
What to watch
The next verified close can test whether sectors move together. Trading breadth and value need separate checks.
Government borrowing
What would the next bill auction establish?
Signal
The 364-day Treasury bill yield fell at the 23 September auction. The next result has no confirmed date in this record.
Why it matters
The yield was 6.29%, against 6.47% on 9 September. Yield is the annual rate implied by the auction price, not a saver promise after costs.
What to watch
A new official result at the same maturity would show whether the fall continued. The auction calendar can change.
Currency context
What can the next official currency sheet tell us?
Signal
The official mean cost of one United States dollar was slightly higher in shillings on 25 September than a week earlier.
Why it matters
Bank of Tanzania recorded TZS 2,645.45 per dollar on 25 September, versus TZS 2,641.34 on 18 September. Customer rates and fees differ.
What to watch
A later dated sheet can test the direction. Currency movement alone cannot explain share-price changes.
Opportunity Wire
MUA Life starts operating in Tanzania; scale remains unmeasured
Signal
MUA Life Tanzania launched on 21 September, according to a report published on 26 September. The report gives no investment amount.
Why it matters
It adds a life insurer to the market. The report names no capital commitment or premium result, so its commercial scale cannot yet be measured.
What to watch
A disclosed capital amount or later premium figures would show scale. No date is announced for either.
Source: thecitizen.co.tz · 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. Later results are unavailable. Contributions are separate from performance; this is not a real portfolio.
Tape read: Five verified sessions to 25 September lifted the domestic Tanzania Share Index 2.49% and the banking index 3.44%, while equity turnover fell 48.2% to TZS 27.471bn; the board rose on roughly half the money it used the week before. Read against the model book, that arithmetic is a record and a caution in the same five days: the hypothetical NAV marked TSh 620.28m on 22 September, its highest reading, and closed the week at TSh 617.96m for a money-weighted +19.00% since inception, with contributed capital unchanged. What the tape changes is the risk map rather than the holdings: the largest model-book equity allocation is back to 19.3% of the book and the top two are 36.5%, so the single-name cap dated for 1 October reads as more relevant than it did a week ago, and the 364-day bill rung falling for a fifth consecutive auction puts a duration question alongside it. Educational only; not advice.
Open the current Ghost tracker →What this edition watched
Next verified DSE close
Tests whether the 25 September price rise broadens across sectors. It does not count investors.
Next official session; date not yet published
Next Treasury bill auction result
A same-maturity result would test the 23 September yield comparison.
Date not confirmed in this record
MUA Life capital or premium disclosure
Would clarify the scale of its Tanzanian operation. The launch report gives no amount.
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. FX strip: provisional BoT sheet dated 27 September, rounded to two decimals; customer rates differ. Insurance launch: 21 September, reported on 26 September by The Citizen. No investment amount or future auction date is disclosed. Live updates: Markets.