60.07% Decline in Tanzania's Equity Market Turnover

TLDR

• The decline extends a trend that has been evident since January 2025 and points to strong investor demand for long-term government paper.
• 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.
• Through the Foreign Exchange (Amendment) Regulations, 2026, the Bank of Tanzania has officially opened the government securities market to non-resident investors worldwide.
• On the equity side, total market turnover declined by 60.07 per cent week-on-week to 25.77bn/-, from 64.53bn/- recorded in the previous week.
• The decline was accompanied by a 47.95 per cent fall in the volume of shares traded, from 15.88 million shares to 8.27 million shares.