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Launch of Zan Timiza Exchange-Traded Fund (ETF) and Timiza Plus Fund

Latest Tanzania finance news · Launch of Zan Timiza Exchange-Traded Fund (ETF) and Tim… explained · updated Aug 19, 2026 · economy news · GDP · investment

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TLDR

  • The Zan Timiza Exchange-Traded Fund (ETF) and Timiza Plus Fund were launched by Zan Securities in Dar es Salaam.
  • The capitalisation of the ETF segment of the Dar es Salaam Stock Exchange reached about 200 billion Tanzanian Shillings by mid-August 2023, up from 6.8 billion Shillings last year.
  • Zan Securities CEO Raphael Masumbuko stated that the new products aim to make capital-market investment more accessible to Tanzanians.
  • The existing Timiza Fund grew from 10.3 billion Shillings in May 2024 to over 50 billion Shillings by August 2023, marking a growth of approximately 369 percent.
  • The Timiza Fund now serves more than 13,000 investors across Mainland Tanzania and Zanzibar, with an average return of 15 percent recorded in 2025.

Latest news excerpts & sources: Launch of Zan Timiza Exchange-Traded Fund (ETF) and Tim…

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The new Zan Timiza Exchange-Traded Fund (ETF) and Timiza Plus Fund, managed by Zan Securities, come as the ETF segment of the Dar es Salaam Stock Exchange (DSE) expands rapidly, with market capitalisation reaching about 200bn/- by mid of August, up from 6.8bn/- last year.

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