How Kanza is built

Kanza Capital Partners is an information, data, and education layer for Tanzanian markets — the Dar es Salaam Stock Exchange and the wider economy. This page sets out, plainly, where our figures come from, how we frame analysis, and the rules behind The Ghost. The aim is a market made legible, so people can decide for themselves. Nothing here is investment, legal, or tax advice, a recommendation, or an offer to buy or sell any security.

We publish market data, company explainers, macro context, and a transparent hypothetical model portfolio (The Ghost). We do not provide personal recommendations, assess anyone's suitability, manage money, execute trades, or give price targets on the public site. We are not a licensed investment adviser or dealer. Where a number could move a decision, our job is to show it clearly and cite it — the decision, and the responsibility for verifying it against official sources, remain yours. Our posture is CMSA- and PDPA-aware: educational framing, sourced figures, and privacy by default.

Primary sources are the Bank of Tanzania (rates, T-bill/bond auctions, reserves, FX, inflation), the Dar es Salaam Stock Exchange (prices, turnover, indices, daily reports), and companies' own audited reports and disclosures. Fund figures come from the managers' published NAVs and annual reports. Our discipline is simple:

• Null over fabricated. If a figure isn't confirmed in our sources, we don't invent one — we say it's pending, or we omit it.
• Date everything. Market figures carry an "as at" date; data builds a series over time rather than implying a precision we don't have.
• Label the unconfirmed. A figure still awaiting official confirmation (e.g. a same-week auction result) is marked as reported/pending, not stated as settled fact — and the Brief and The Ghost are held to the same figure.
• Refresh against the official record. Where we summarise, the official BoT/DSE/company release is the source of truth; our summary is a convenience, not a substitute.

Company pages explain the business, the reported financials, and an illustrative valuation exercise — for example a trailing P/E against the current market price, or a peer-multiple range shown only to frame context. These are teaching devices, not price targets and not recommendations. Assumptions (multiples, WACC, terminal growth) are stated on the page so you can disagree with them. Public company pages never carry a buy/sell verdict.

The Ghost is a hypothetical model portfolio, marked to the market in the open every week, built to show the working of disciplined investing in a frontier market — not to be copied. It holds no real money and places no real trades. Its position labels are deliberately illustrative:

• High tilt / Neutral / Low tilt describe the model's relative emphasis under a transparent, rules-based framework — cheap quality anchored by sovereign yield. They are not "overweight/underweight" calls on your portfolio and carry no view on your personal suitability.
• Weights are illustrative and explained, so the reasoning is auditable. They are a worked example, not guidance to allocate the same way.
• What the model avoids is reasoned in public too — again as education, not as a warning to act.

The point isn't the score; it's making the method visible so readers can build their own judgement. See The Ghost →

The interface is bilingual — English and Kiswahili — starting with the homepage and rolling out across the site. Use the EN · SW toggle in the top bar to switch. Coverage expands page by page; until a page is translated it reads in English.

We'd rather be corrected than confidently wrong. If a figure looks off, email [email protected] with the page and the source — we'll check it against the official record and fix it.