PRIMARY MINISTER Kassim Majaliwa has commended the Dar es Salaam Stock Exchange (DSE) for increasing the market value to 21.0 trillion shillings by July 2025.
He also said that the market has increased share sales growth by more than 246 percent along with an increase in the number of investors to more than 683,000 accounts, a sign of the strong growth of the capital sector in the country.
He said this on 26, 2025 when he visited the market’s offices located in Morocco, in Dar es Salaam.
Mr. Majaliwa said that during that period, bond sales reached more than 3 trillion shillings and bonds with environmental and social content.
“This is an example of DSE’s creativity and contribution in developing an inclusive and sustainable economy for our Nation, we cannot let this pass, we must congratulate them”, said Majaliwa.
Speaking at the meeting, Mr. Majaliwa announced the purchase of shares worth 100 million shillings in the Dar es Salaam Stock Exchange.
“Tanzanians should prioritize investing through the Dar es Salaam Stock Exchange digitally to gain the opportunity to be part of owning companies and earning money through the profits generated by the company and stimulating the economic growth of our Nation.
“The Prime Minister has instructed the Ministry of Finance to continue collaborating with DSE in providing financial education to all citizens to ensure that the opportunities provided by the market benefit more Tanzanians.
Deputy Permanent Secretary, Ministry of Finance, Mr. Elijah Mwandumbya said that in order to achieve the goals of the National Development Vision 2050, the Government has set a plan to develop new financial products such as bonds, strengthen digital systems in the DSE market to reach more Tanzanians including the Diaspora.
He said another area is to develop collaboration with the private sector and regional stakeholders, increase the participation of local and foreign investors to increase the growth of the DSE market.
The Acting Chief Executive Officer of the Capital Markets and Securities Authority (CMSA), Mr. Charles Shirima said that in order to facilitate the participation of more citizens in urban and rural areas in capital market investment, the authority has encouraged the use of innovative systems in the sale and purchase of capital market securities using Information and Communication Technology including mobile phones and the internet.
He said these efforts have enabled the establishment of several systems including Sim Invest, Hisa Kiganjani, WekezaWHI and M-Wekeza which are used to facilitate access to capital market services for more citizens in urban and rural areas.
“For example, 24.33% of share sales in 2024, went through the information technology system, increasing from 4.84% in 2023.”
Earlier, the Chief Executive Officer of the Dar es Salaam Stock Exchange (DSE), Peter Situmbeko said that since its inception, the market has continued to increase the value of share sales as well as the enthusiasm of investors.
He said the value of share sales reached 369.4 billion shillings, an increase of 246 percent compared to the same period last year.
“The amount of shares sold reached 272 million, an increase of 108 percent compared to the same period last year, government bonds and private companies reached a total sales of more than 3 trillion shillings in the same period last year, these sales reached 1.9 trillion shillings”, he said
