DSE All-Share
4,631.77
As at DSEI · 2 Oct close
Weekly visual edition · Vol. I · No. 274
The Weekly Brief
Saturday, 3 October 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
10,255.60
As at TSI · 2 Oct close
USD / TZS
2,639.25
As at BoT mean · 3 Oct sheet
BoT rate
6.25%
As at Central Bank Rate · Q3 2026
USD / TZS in this edition: BoT mean · 3 Oct sheet. Source: Bank of Tanzania daily rates ↗
This edition in 90 seconds
- 01Domestic shares fell faster than the wider market
- 02Banks fell while industrial share prices rose
- 03The 364-day Treasury bill yield fell at the latest auction
The week in review
Domestic shares fell faster than the wider market
Signal
Tanzania’s main share-price measures fell this week. Domestic-company prices fell more than the wider market.
Why it matters
From 25 September to 2 October, domestic shares fell 1.57% and all shares 1.08%. Friday: DSEI 4,631.77, TSI 10,255.60.
What to watch
Industrial shares rose. The main indexes do not describe every company or establish why investors traded.
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 2 Oct 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 2026-10-02
Source: Dar es Salaam Stock Exchange ↗
TZS 4.63bn
MonCRDB · 55.2%TZS 6.01bn
TueCRDB · 46.6%TZS 9.66bn
WedCRDB · 62.5%TZS 3.30bn
ThuCRDB · 48.9%TZS 4.27bn
FriCRDB · 65.4% 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
27.87bn 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?
9 advanced. 11 declined. The index hid the split.
As at 2026-10-02
Source: DSE verified close history ↗
▲ 9 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= 8 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%
2026-10-0291D3.39%
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 2026-10-02
Source: DSE and Bank of Tanzania
DSEI
Local-currency index change−1.08%
Mechanical USD translation−0.90%
TSI
Local-currency index change−1.57%
Mechanical USD translation−1.39%
USD/TZS weakened -0.18% 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
Banks fell while industrial share prices rose
Signal
The main share-price measures fell, but industrial shares rose. The week did not move in one direction.
Why it matters
Domestic prices fell 1.57%; all shares fell 1.08%. Banks fell 2.22%, while industrials rose 0.43%. These are price measures, not investor counts.
What to watch
The next verified close tests whether the difference continues. Sector composition can explain different moves without a common market cause.
Source: DSE verified index endpoints, 25 September and 2 October; change = last divided by first minus one. · published 2026-10-02
Go deeper →Government borrowing
The 364-day Treasury bill yield fell at the latest auction
Signal
The latest verified bill auction remains 23 September. It is an earlier borrowing observation, not a new result this week.
Why it matters
Its 364-day yield was 6.29%, versus 6.47% on 9 September. Yield is the annual rate implied by the price, before saver fees or tax.
What to watch
A later official auction result is needed to describe a new change. The current record does not establish one.
Currency context
The official dollar mean fell slightly in shilling terms
Signal
One United States dollar required slightly fewer shillings on Friday’s official sheet than a week earlier.
Why it matters
The official mean was TZS 2,641.42 on 2 October, against TZS 2,645.45 on 25 September. Customer conversion rates and fees differ.
What to watch
The next dated sheet tests whether the change persists. Currency and share-price moves alone do not establish a shared cause.
Opportunity Wire
Existing cement production and investment discussions are different evidence
Signal
A regional report describes Dangote’s established cement operation in Tanzania alongside investment discussions.
Why it matters
Existing production and proposed projects are different stages. The visible lead does not verify a new Tanzanian funding commitment.
What to watch
A named financing or construction disclosure would clarify a new commitment. Only the article’s visible lead was verified.
Source: theeastafrican.co.ke · published 2026-10-03
Go deeper →The Ghost · edition context
The model-book allocation read
The hypothetical Ghost model book stood at +17.89% since inception on 2 October 2026. This Modified Dietz result is separate from the share-index moves.
Open the current Ghost tracker →What this edition watched
Next verified DSE close
Tests whether domestic and all-share prices continue to differ. It cannot identify investor motives.
Next official session; date not yet published
Next Treasury bill result
Allows a like-for-like comparison with the 23 September auction.
No date stated in the current auction record
Named Tanzanian industrial commitment
A signed financing or construction disclosure would distinguish discussions from committed capital.
No date verified
Information and education, not advice or a solicitation. DSE close: 2 October 2026. Weekly index endpoints: 25 September and 2 October. BoT bill auction: 23 September. Weekly currency comparison: 25 September and 2 October; strip: provisional 3 October sheet. Press report: 3 October; only its visible lead was verified. Full-week equity turnover is not established here. Index changes do not establish investor motives. Live updates: Markets.