Disclaimer

Please read this notice carefully. It governs your use of this website and everything KANZA CAPITAL PARTNERS (“KCP”, “we”) publishes — the website, newsletters, data, charts, and reports (together, the “Content”).

Information and education only

The Content is provided for information and educational purposes only. Nothing on this platform is, or should be relied upon as, investment, legal, accounting, or tax advice.

Not a recommendation or offer

Nothing in the Content is a recommendation, solicitation, or offer to buy, sell, or hold any security, fund, bond, or other financial instrument on the Dar es Salaam Stock Exchange or any other market, nor an inducement to enter into any transaction.

General information — not personalised

The Content is general in nature. It does not take account of your objectives, financial situation, knowledge, experience, or needs. It is not tailored to you, and you should not treat it as if it were. Before acting, consider whether the information is appropriate to your circumstances and seek advice from a professional licensed to provide it.

No advisory or client relationship

Using this website, subscribing to a free or paid product, or corresponding with us does not create any fiduciary, advisory, or client relationship between you and KCP, and does not make you an advisory client. We do not assess the suitability of any investment for you.

Not a licensed intermediary

KCP is a financial-information and research publisher. We are not a licensed investment adviser, dealer, broker, or fund manager, and we do not manage money, hold client assets, execute or arrange trades, or provide personalised recommendations. We are not authorised by, and nothing here is endorsed by, the Capital Markets and Securities Authority (CMSA) or the Dar es Salaam Stock Exchange.

Market data & accuracy

Market data is sourced from the Dar es Salaam Stock Exchange, the Bank of Tanzania, and companies’ own disclosures, is manually captured and point-in-time, and is not live, not streamed, not a market-data feed. While we take reasonable care, we do not warrant that any figure is accurate, complete, current, or error-free, and you should verify against the official source before relying on it. See our Methodology.

The Ghost is hypothetical

“The Ghost” is a hypothetical, educational model portfolio. It holds no real money, places no real trades, and is not a recommendation to buy, sell, or hold anything, nor a model for you to copy. Its position labels are illustrative and carry no view on your personal suitability.

No reliance; do your own diligence

You should not use the Content as the sole basis for any investment decision. Any decision you make is yours alone, and you are responsible for your own due diligence and for verifying figures against official sources.

Past performance

Past performance — of any security, index, fund, or of The Ghost — is not a reliable indicator of future results. Figures may be illustrative and require refresh against live data.

No liability

To the fullest extent permitted by law, KCP accepts no liability for any loss or damage arising from use of, or reliance on, the Content.

Governing law

This notice is governed by the laws of the United Republic of Tanzania.

KANZA CAPITAL PARTNERS provides information and education only — not investment, legal, or tax advice. © 2026 KANZA CAPITAL PARTNERS.