The Latest

Dar es Salaam Stock Exchange IPO Oversubscribed

June 18, 2016
1 minute read
dse dar es salaam stock exchange ipo

Official results from the Dar es Salaam Stock Exchange (DSE) IPO show that the bourse has raised TZS35.8b from more than 3,000 investors.

This is equivalent to 377% in excess of the targeted capital or almost 5 times the anticipated amount.

The excess funds raised beyond the request for green shoe option will be refunded to investors.

Tanzania Investment Guide 2026 Free Edition

The green shoe option allows underwriters to sell investors more shares than initially planned by the issuer to meet higher demand for the security.

Following the completion of the refund process the DSE intends to self-list its shares on the secondary market in the Main Investment Market Segment (MIMS) on 12th July 2016.

Moremi Marwa, CEO of DSE, said that 70% of investors in DSE IPO were foreign but he noted that even if the shares were sold to local investors only, the IPO would still be oversubscribed by TZS2.2b.

DSE IPO was conducted from 16th May 2016 to 3rd June 2016 and aimed to raise TZS7.5b from the offer of 15m shares at a price of TZS500 each.

The DSE was a non-profit making body until it was demutualized in June 2015. The bourse aims at maximizing the value of investment through the process of demutualization.

Tanzania Investment Guide 2026 Full Edition

Want to know more about the Capital Markets in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the Capital Markets, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources.

Download Free OverviewGet the Full Guide
Tweet
Share
Share
Share
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 30 of 2026: Equity Turnover Plunges -85.73%, KA (+56.52%) and USL (+20.00%) Lead as Best Stock Performers

Dar es Salaam Stock Exchange equity turnover plunged -85.73% week-on-week to TZS 25.25 billion across 7,226,602 shares and 13,398 deals during the five trading sessions spanning July 20th to July 24th. KA (+56.52%), USL (+20.00%), and TTP (+5.62%) ranked as the week's top gainers, while MCB (-20.48%), PAL (-7.69%), and MUCOBA (-5.10%) led declines. Total market capitalisation closed Friday at TZS 36,177.68 billion, with the DSEI advancing +0.93% and the Commercial Services index rising +2.45%. Bond market turnover reached TZS 105.41 billion, falling -39.71% week-on-week.
Tanzania DSE Dar es Salaam Stock Exchange Q2 2026 performance
Read More

Dar es Salaam Stock Exchange Q2 2026 Performance: Market Capitalization Up 79.11% to TZS 35.175 Trillion, Equity Turnover Jumps 227.24%, Profits Increase 64.58%

The Dar es Salaam Stock Exchange (DSE) recorded strong performance in the second quarter of 2026, with market capitalization rising 79.11% to TZS 35.175 trillion and equity turnover increasing 227.24% to TZS 496.795 billion. Five new deb securities were listed on the DSE during the quarter. DSE plc profit before tax increased by 74.28% to TZS 2.64 billion from TZS 1.52 billion, while profit after tax rose by 64.58% to TZS 2.38 billion from TZS 1.44 billion.
Tanzania TIB Rasilimali Orbit Securities Memorandum of Understanding MOU
Read More

Development Bank and Private Broker Partner to Expand Capital Raising in Tanzania

TIB Rasilimali, the capital markets subsidiary of state-owned TIB Development Bank, and brokerage Orbit Securities signed a Memorandum of Understanding covering capital raising, regulatory and corporate finance advisory, financial structuring, book building, market research and investor roadshows. They target long-term financing for government institutions, state-owned enterprises and private companies raising funds through the Dar es Salaam Stock Exchange.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 29 of 2026: Equity Turnover Grows +10.75% to TZS 177.04 Billion as TCCL (+7.21%) Leads as Best Stock Performer

The Dar es Salaam Stock Exchange recorded equity turnover of TZS 177.04 billion during the week of July 13th to July 17th, a week-on-week increase of +10.75%, with 63,874,739 shares changing hands across 14,339 deals. TCCL (+7.21%), MKCB (+5.29%), and TBL (+2.82%) led the gainers, while SWIS (-9.89%), DCB (-9.09%), and MUCOBA (-4.85%) topped the losers. Total market capitalisation stood at TZS 35,724.27 billion at the close of the week, with the DSEI advancing +0.72% and the Industrial & Allied index rising +1.86%. The bond market posted turnover of TZS 174.83 billion, surging +88.80% week-on-week.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources.

Download Free Overview Get the Full Guide