Tanzania's Equities Market Surges
The Dar es Salaam Stock Exchange recorded a capital gain of 3.7 trillion Tanzanian shillings (about $1.4 billion) over 12 months, reflecting an 18.9% increase in market value.
This growth positions the equity segment as one of Tanzania's most profitable investment avenues, with total market capitalisation climbing to 21.34 trillion Tanzanian shillings by September.
- Market value increased by 18.9% over 12 months.
- Total market capitalisation reached 21.34 trillion Tanzanian shillings.
- Equity market returns are significantly higher than fixed-income securities.
The equity segment is one of Tanzania's most profitable investment avenues.
Author's summary: Tanzania's equities market grows by $1.4bn.