Weak governance, not minerals, hinders Africa's economic growth
The Dar es Salaam Stock Exchange (DSE) recorded a significant rise in equity turnover during Week 29 of 2026, with transactions totaling TZS 177.04 billion, a +10.75% increase compared to the previous week.TCCL emerged as the top-performing stock, surging 7.21%, followed by MKCB (+5.29%) and TBL (+2.82%).The total market capitalization stood at TZS 35,724.27 billion, with the DSEI (Dar es Salaam Stock Exchange Index) advancing 0.72% and the Industrial & Allied index rising 1.86%.The bond market also saw a surge in turnover, reaching TZS 174.83 billion, a +88.80% week-on-week increase.The growth in equity turnover was attributed to heightened transaction activity, particularly in June 2026, when transaction values spiked by 198.04% compared to May 2026.This surge contributed to higher transaction fees and securities transfer fees, boosting revenue and profits for the exchange.
The report highlights the dynamic nature of Tanzania's capital markets, reflecting investor confidence and market resilience despite global economic uncertainties.
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