Proposal to Open Tanzania's Government Securities Market to Non-Resident Investors

TLDR

• Through the Foreign Exchange (Amendment) Regulations, 2026, the Bank of Tanzania has officially opened the government securities market to non-resident investors worldwide.
• The decline extends a trend that has been evident since January 2025 and points to strong investor demand for long-term government paper.
• On August 5, the Bank of Tanzania offered 289.93bn/- through the reopening of a 25-year treasury bond carrying a 13.25 per cent annual coupon.
• The Capital Markets and Securities Authority approved a 1:10 share split for NMB Bank ordinary shares on July 24, with the official announcement issued on July 27.
• NMB led the market with turnover of 11.34 bn/-, accounting for 44.01 per cent of total market activity, while CRDB followed with 10.68bn/-, representing 41.43 per cent.