Highlights:
Date » Friday 15th  December, 2017  Prices (TZS... ACA » 5,210 CRDB » 160 DCB » 380 DSE » 1,140 EABL » 5,140 JHL » 10,230 KA » 120 KCB » 940 MBP » 600 MCB » 500 MKCB » 890 MUCOBA » 400 NMB » 2,750 NMG » 2,590 PAL » 470 SWALA » 500 SWISSPORT » 3,500 TBL » 13,500 TCC » 16,800 TCCL » 1,200 TOL » 780 TPCC » 1,520 TTP » 600 USL » 80 VODA » 850 YETU » 600
Introduction

Preamble

The TSL Group’s story began in 1994 with the incorporation of Tanzania Securities Limited (TSL) as a securities brokerage and investment advisory company. Since then TSL has grown into a group of specialized financial services companies, becoming one of the leading players in the money and capital markets in Tanzania.

TSL Group is broken down into three entities, namely: Tanzania Securities Limited (TSL); TSL Investments Management Limited (TIM) and TSL Capital Limited.

Tanzania Securities Limited

TSL was incorporated in 1994 under the Companies Ordinance (Cap 212) with Certificate of Incorporation No. 25380 as a securities broker and investment advisory company. TSL is licensed by the Capital Markets and Securities Authority of Tanzania (CMSA) as a broker-dealer and investment adviser. TSL is also a Licensed Dealing Member (LDM) of the Dar es Salaam Stock Exchange (DSE) and is an approved primary and secondary dealer of Government Securities which include Treasury Bills and Treasury Bonds. TSL is a registered Central Depository Participant (CDP) of the Bank of Tanzania.

TSL’s principal business activities include provision of broker/dealer services in respect of shares/stocks and Government Securities, as well as investment advisory services. TSL’s investment advisory clients have included: pension funds, insurance companies, micro finance institutions (MFIs), SACCOs, Corporations, and individuals.

Through its subsidiary TIM, TSL is also licensed by the CMSA as a Nominated Advisor (NOMAD) giving it mandate to advise and assist Start-up companies, Small and Medium Enterprises (SMEs) and other companies to raise capital from the public through initial public offers (IPOs) and subsequently list their shares on the Dar es Salaam Stock Exchange (DSE) under the Enterprise Growth Market (EGM) window.

TSL Investments Management Limited

TIM’s services were initially lunched in January of 2011 as a service line within TSL; envisioned as a provider of personal assets management largely targeting medium and high net worth investors. However, due to its excellent performance, just nine months later, TSL decided to spin off TIM’s offerings into a separate entity and as a result TIM was born. Currently TIM manages Discretionary/ Separately Managed Accounts (SMA) for both retail and institutional investors, and is in the process to register two funds – TIM Stable Income Fund and TIM Balanced Growth Fund, that will cater for retail income and investment growth needs.

Being part of the TSL, a company of over 20 years’ experience in financial markets and investment advisory in Tanzania, TIM benefits from the group’s centralized functions, risk management and other services, as well as access to TSL’s experience and distribution network in the local market derived from 23 years of successfully meeting clients’ financial needs.

TSL Capital Limited

A member of the TSL Group, TSL Capital Limited is a boutique financial advisory services firm providing a broad range of investment banking services such as:

  • structured finance (including project finance) solutions;
  • taking projects to bankability;
  • capital raising – from both debt and equity; and
  • acting as arranger for accessing capital markets for both bond and equity issuances.

TSL Group’s (the “Group”) has over 20 years’ experience and has grown into one of the leading players in the money and capital markets in Tanzania.  The Group’s services offerings comprise securities brokerage, investment management as well as financial advisory and agency services.  Other entities within the group are TSL and TSL Investment Management (TIM).

As a boutique firm, TSL Capital comprises a team of [3] core individuals with a broad range of expertise from project management; financial structuring; financial due diligence; economic and financial analysis; project finance; loan syndication; financial product development and application; government relations; and public-private partnerships. The team has experience in several sectors including financial markets; telecommunications; infrastructure (energy); and manufacturing. The team as a whole has YY years of work experience in both the public sector, private sector and multinational and multilateral organizations.  However, the firm is able to tap into a broad network of partners to build a team that best meets the needs of our clients.

As a subsidiary of TSL, a company of over 20 years of experience in financial markets and investment advisory in Tanzania, TSL Capital benefits from the group’s centralized functions, risk management and other services. It also leverages TSL’s experience and professional network in the local market derived from 23 years of successfully meeting clients’ financial needs. TSL’s investment advisory clients have included: pension funds, insurance companies, micro finance institutions (MFIs), SACCOs, Corporations, and individuals.

Why the TSL Group

The TSL Group has successfully provided corporate advisory and brokerage services in Tanzania for over 20 years. We have in-depth understanding of the Tanzania financial markets and the regulations governing the financial markets industry. Our institutional clientele portfolio includes all major securities listed on the Dar es Salaam Stock Exchange, pension funds, insurance companies, private companies as well as wealthy individuals. We have been engaged in several corporate finance advisory services, capital raising and investment advisory transactions that have established our business as a leading player in the industry.

TSL Investments Management Ltd (TIM) has a well-established reputation and credibility in the fund management market in Tanzania. Research and knowledge-based decision-making and investment processes underpin the service offering. Our strong investment portfolio performance is a reflection of the capability of our investment team, which combines international technical expertise and experience with local market knowledge.

 

Our vision and mission

The Company’s vision is “to become the firm of choice in provision for securities brokerage and investment advisory services in Tanzania”.

In realizing the above vision, we are being guided by the following mission: “provision of high-quality and timely professional services in the capital market that cater for investment operations”.