Dar es Salaam Stock Exchange

Dar es Salaam Stock Exchange
Stock Exchange
Industry Finance
Founded June 1996
Headquarters Golden Jubilee Tower,14th Floor, Ohio Street
Dar es Salaam, Tanzania
Products Stock trading services
Website Homepage

The Dar es Salaam Stock Exchange (DSE) is a stock exchange located in Dar es Salaam, the commercial capital and largest city in Tanzania. It was incorporated in September 1996 and trading started in April 1998. It is a member of the African Stock Exchanges Association. The exchange is open five days a week, from Monday through Friday. The trading days are weekly from Monday to Friday, starting from 10.00 am to 14.00 pm.

The activities of the exchange are monitored and supervised by the Capital Markets and Securities Authority (CMSA).[1] The DSE operates in close association with the Nairobi Securities Exchange in Kenya and the Uganda Securities Exchange in Uganda. Plans are underway to integrate the three to form a single East African bourse.

Market listing

As of November 2014 there are twenty-two listed companies, five corporate bonds and eight government bonds. The table below summarises the current market listings:[2]

Main Exchange
Symbol Company Notes
1.TOL Tol Gases Limited Production of Oxygen, Industrial Gases, Welding Equipment
2.TBL Tanzania Breweries Limited Beer Brewing, Beer Marketing Beer Distribution
3.TATEPA Tanzania Tea Packers Limited Tea Packaging & Distribution, Coffee Packaging & Distribution
4.TCC Tanzania Cigarette Company Limited Cigarettes, Tobacco Products
5.SIMBA Tanga Cement Company Limited Cement
6.SWISSPORT Swissport Tanzania Limited Aviation, Ground Handling, Cargo Handling
7.TWIGA Tanzania Portland Cement Company Limited Cement
8.DCB Dar es Salaam Community Bank Banking, Finance
9.NMB National Microfinance Bank Banking, Finance
10.KA Kenya Airways Aviation
11.EABL East African Breweries Limited Beer, Gin, Spirits
12.JHL Jubilee Holdings Limited Insurance
13. KCB KCB Group Banking, Finance
14.CRDB CRDB Bank Banking, Finance
15.NMG Nation Media Group Publishing, Printing, Television, Broadcasting[3]
16.ABG African Barrick Gold Mining
17.PAL Precision Air Services Limited Aviation Services
18.SWALA Swala Gas and Oil Oil & Gas
19.USL Uchumi Supermarkets Supermarkets
Enterprise Growth Market (EGM)
Symbol Company Notes
1.MCB Mwanza Community Bank[5] Banking, Finance
2.MB Maendeleo Bank[6] Banking, Finance
3.MKCB Mkombozi Commercial Bank[7] Banking

See also

References

  1. ↑ TNA, . (12 June 2000). "Tanzania: Stock Trading Publicity Kicks-Off". TOMRIC News Agency (Dar es Salaam) (TNA) via AllAfrica.com. Retrieved 15 November 2014.
  2. ↑ FGS, . "Companies Listed On the Dar es Salaam Stock Exchange". First Global Select (FGS). Retrieved 15 November 2014.
  3. ↑ Kamndaya, Samuel (17 December 2010). "Tanzania Approves Nation Media Group Cross-Listing". Daily Monitor (Kampala). Retrieved 15 November 2014.
  4. ↑ Mugabe, David (18 June 2009). "KCB Offers 2 Billion Shares To Rwandans". New Vision (Kampala). Retrieved 15 November 2014.
  5. ↑ Githaiga, Hellen (12 October 2013). "Mwanza Bank Becomes DSE EGM's Second Listing". The EastAfrican (Nairobi). Retrieved 15 November 2014.
  6. ↑ Mugwe, David (28 September 2013). "Maendeleo Shares To Trade On Dar es Salaam Bourse". The EastAfrican (Nairobi). Retrieved 15 November 2014.
  7. ↑ Daily News Reporter, . (3 November 2014). "Mkombozi Bank Formally Goes Public, Offers 5 Million Shares". Tanzania Daily News (Dar es Salaam). Retrieved 14 November 2014.

External links