Highlights:
Date » Wednesday, 14th November, 2018 Prices (TZS) ACA » 4,860 CRDB » 150 DCB » 340 DSE » 1,680 EABL » 3,740 JHL » 9,400 KA » 225 KCB » 850 MBP » 510 MCB » 500 MKCB » 800 MUCOBA » 400 NICO » 295 NMB » 2,340 NMG » 1,560 PAL » 470 SWALA » 425 SWISSPORT » 2,660 TBL » 12,900 TCC » 17,000 TICL » 450 TCCL » 700 TOL » 660 TPCC » 2,060 TTP » 120 USL » 15 VODA » 800
How to Buy Or Sell Shares/Securities

Must have a CDS Account with DSE CSD - No fee for Opening a CDS Account

 

Requirements for Opening a CDS Account For Individual Investors

    • Depository Account application form-Individual
    • Duly filled Client Information form plus a copy of ID/or Passport

For Corporate/Company

  • A copy of Certificate of Incorporation
  • Copies of Company's Directors IDs
  • A copy of MEMARTS
  • Depository Account application form-Body Corporate

 

Purchasing of Shares

For Individual Investors

  • Duly filled and signed purchase order form
  • A deposit of money with Tanzania Securities
  • Duly filled client Information form plus a copy of ID or passport

For Corporate/Company

  • A duly filled and signed purchase order form
  • A deposit of money with Tanzania Securities
  • Copy of Certificate of Incorporation/Registration

 

Selling of Shares

For Individual

  • Original Depository receipt submitted to the broker
  • Duly filled and signed sell order form-signed by the shareholder
  • Payment details

For Corporate/Company

  • Original Depository certificate submitted to the broker
  • Duly filled and signed sell order form-signed by company director(s)
  • Letter from the company authorizing the sale of shares

Note:

  • Brokerage commissions and Regulatory fees will be charged as per the CMSA's approved fee structure
  • Bank charges may apply for interbank transfers

Why Investing in Shares?

  • Possibility of getting high return in the form of dividend and capital gain
  • Shares can be mortgaged for a bank loan
  • Shares can be easily transferred to a friend or relative as a gift or inheritance
  • A chance of becoming part of company's shareholders-right to attend AGM and vote
  • Undisputed evidence of ownership-Depository receipt
  • Requires less administration costs and time to run