DSE All-Share Index
4,564.52
-0.18% on the day
DSE · 2026-10-19The BriefKanza Capital Partners · The market and capital record
Vol. I · No. 288Past editions →
The Brief · Tuesday, 20 October 2026 · Vol. I · No. 288
Share-price measures fall as trading slows
Tanzania’s main share-price measures fell on Monday. Less money changed hands than on Friday, though two banks still dominated trading.
Covers 19 Oct 2026 verified close · Published 2026-10-20 · Read the lead · Soma kwa Kiswahili
The edition’s key figures
Tanzania Share Index
10,064.37
-0.15% on the day
DSE · 2026-10-19Equity turnover
TZS 2.84bn
-22.3% vs 2026-10-16
DSE · 2026-10-19USD/TZSProvisional
2,635.59
Provisional reference
BoT mean · 20 Oct sheet · 2026-10-20This edition in 60 seconds
- Market recordShare-price measures fall as trading slowsRead →
- Capital recordAcross Tanzania’s marketsRead →
- Where the trading wentTwo banks dominate a smaller trading dayRead →
- Dollar referenceDollar reference matches Monday’s latest readingRead →
The lead · 19 Oct 2026 verified close
Share-price measures fall as trading slows
Signal
Tanzania’s main share-price measures fell on Monday. Less money changed hands than on Friday, though two banks still dominated trading.
The evidence
DSEI, the All-Share index, closed at 4,564.52, down 0.18%. TSI, the domestic index, closed at 10,064.37, down 0.15%, on 19 October.
What to watch
Both compare with 16 October. An index combines prices with unequal weights; its fall does not mean every share fell.
Close anatomy · 2026-10-19
Was the session’s fall broadly shared?
How widely did prices move?
4 rose · 11 fell
4 rose · 11 fell · 6 unchanged
21 of 28 listed shares traded; 7 had no trades.
DSE · 2026-10-19Where did the money trade?
90.6% in three shares
NMB 44.9% · CRDB 42.6% · KCB 3.1% · Others 9.4%
Share of equity turnover: TZS 2.84bn.
DSE · 2026-10-19| DSE | +1.30% |
|---|---|
| TBL | +0.82% |
| JATU | -13.04% |
|---|---|
| TCCL | -4.75% |
| PAL | -3.33% |
USL showed -16.67% as a reference-price change with no DSE trades. It sits outside executed breadth and the faller list.
Index anatomy
Which shares explain the gap?
Period: 16 Oct 2026 to 19 Oct 2026
A verified, source-dated domestic and cross-listed company classification is unavailable for this period.
No contribution is estimated.
Capital System Pulse
Across Tanzania’s markets
Six readings, each with its own date. Price and NAV changes do not establish capital flows.
Is the shilling repricing?
2,635.59
TZS per USD. One-month move +0.21%. Provisional.
What does the government pay to borrow?
6.28%
364-day T-bill, annualised weighted average yield at auction.
Which fund led over three months?
iGrowth +12.3%
NAV change, not total return. 2026-07-15 to 2026-10-16. Inuka Dozen +8.2%; Umoja +6.4%. Mandates and distributions differ.
Which ETF grew faster?
IEACLC +9.8%
DSE closing-price change, 2026-07-20 to 2026-10-19. VIS −4.6%. Not total return.
Is gold strengthening?
US$4,204/oz
+0.0% from the prior official record.
Are essential costs easing?Monthly data
Petrol +6.9%
Dar diesel +5.4%; rice median +0.5% month on month. Separate measures.
Where the trading went
Two banks dominate a smaller trading day
Signal
Monday’s share trading value was 22.3% below Friday’s. The banks NMB and CRDB still accounted for most of it.
Evidence
The banks took 87.5% of TZS 2.84 billion traded on 19 October. Figures are rounded; block trades are included and funds excluded.
What to watch
The next verified close can show whether trading spreads. The fall versus 16 October does not establish investor motives.
Dollar reference
Dollar reference matches Monday’s latest reading
Signal
Tuesday’s dollar reference matches Monday’s latest reading. Both remain provisional, so the figures can change.
Why it matters
Bank of Tanzania records TZS 2,635.5876 per US dollar for 20 October, equal to its updated 19 October mean.
What to watch
Finalized records will test both provisional means. Customer exchange rates and fees can differ; these are not transaction quotes.
Opportunity Wire
Development funding allocated; payments still unverified
Signal
Tanzania reports money allocated for development. The Ministry of Finance statement does not show how much has reached projects.
Why it matters
Its 18 October statement reports US$2.54 billion under the World Bank’s International Development Association (IDA-21) financing cycle.
What to watch
Project agreements and payment records would show how the allocation becomes usable funding. No payment timetable is established here.
What to watch
The next tests, without prediction
Next verified DSE close
Shows whether the lower trading value persists and trading spreads beyond the two leading banks.
Next official session; publication time unconfirmed
Finalized Bank of Tanzania dollar records
Tests the provisional 19 and 20 October means; customer quotes and fees remain separate.
No confirmed publication time
Development-finance agreements and payments
Would distinguish funds allocated from amounts made available to projects.
No confirmed payment timetable
Editor’s note
I read Monday’s falling share-price measures alongside a smaller trading day. Neither reveals why investors acted. Tuesday’s dollar reference matches Monday’s updated provisional figure, not the earlier reading in yesterday’s edition. I distinguish the Ministry’s reported development allocation from payments to projects. Its separate commitment figure is not added because the relationship between the amounts is unclear.
Information and education only, not advice or a forecast. DSE close: 19 October 2026. Other observations retain their own source dates.
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