The Dar es Salaam Stock Exchange (DSE) investor’s paper wealth has increased by nearly 3trn/- during the last twelve months ended on March 28, 2025, after the total market size closed at 19.2trn/- from 16.3trn/- recorded on March 28, 2024.

This growth reflects improved investor confidence, corporate earnings, and the impact of strategic economic policies that have driven capital market expansion.

The increase resulted from expansion of the size of both local and cross listed companies, as the domestic market capitalization also gained to 12.9trn/- from 11.8trn/- respectively.

The figures suggest a positive trajectory for investor wealth on the DSE, reflecting increased valuations of listed companies and potentially favorable returns for investors

Meanwhile, the DSE recorded a total turnover of 123.5bn/- during the first quarter of this year, which was equivalent to more than double of the amount recorded during the first quarter of last year.

The market report shows the amount was also higher than a turnover of 101bn/- recorded during the fourth quarter of last year ended in December.

Nearly a third of the amount was recorded during the last week of March, through block trade transactions on TCC and TBL counters.

Local investors dominated the activities as they accounted for 91.72 percent of total turnover from shares bought and 53.72 percent of total value of shares sold.

On their part, foreign investors bought shares valued 10bn/- and sold shares valued 57.1bn/-, which translated into net outflows amounting to 47bn/-, which is more than twice of the outflows recorded during the first quarter of last year.

As of 2024, foreign investors accounted for approximately 40 percent of the DSE's market activity.

Projections suggest that by revising ownership caps and implementing strategic reforms, foreign investor participation could increase to 55 percent by 2030, potentially bringing an estimated $500 million in additional annual inflows.

​As of March 31, 2025, the Dar es Salaam Stock Exchange (DSE) has demonstrated notable growth in the first quarter of the year. 

The Tanzania All Share Index (DSEI) increased by 96 points, representing a 4.49 percent rise since the beginning of 2025. 

This upward trajectory reflects improved investor confidence and positive market sentiment. Historically, the DSEI reached an all-time high of 2,850.15 points in June 2015. Currently, it stands at 2,235.75 points as of January 28, 2025, according to ​Trading Economics.

In 2024, the DSE experienced significant growth, with total market capitalization increasing by 22.3 percent to 17.86trn/- by year-end, up from 14.61trn/- in 2023. The domestic market capitalization also saw a notable rise of 7.38 percent, reaching 12.24trn/- from 11.40trn/-. 

Through these trends, analysts suggest that the DSE is continuing its positive momentum into 2025, bolstered by sustained investor confidence and favorable market conditions.

​The Dar es Salaam Stock Exchange (DSE) is poised for continued growth in 2025, supported by Tanzania's robust economic fundamentals and strategic market initiatives.​

Economic Growth Projections: Tanzania's economy is anticipated to expand by approximately 6 percent in 2025, an increase from the estimated 5.4 percent growth in 2024. 

This positive trajectory is driven by key sectors such as agriculture, manufacturing, tourism, and construction, which are expected to bolster investor confidence and stimulate trading activities on the DSE.

In the first quarter of 2025, the DSE has exhibited resilience and growth. For instance, during Week 12, the exchange recorded a 38.27 percent increase in turnover, with NICO shares leading gains at 17.46 percent. Additionally, the DSE All Share Index (DSEI) rose by 0.4 percent during this period, reflecting positive market sentiment.

The adoption of the DSE's Mobile Trading Platform (MTP) has significantly enhanced market accessibility. By February 2025, the MTP's turnover reached  5.4bn/- accompanied by a notable increase in new account openings. This digital innovation is attracting a younger demographic of investors, particularly those aged 20 to 29.

The banking and financial sectors continue to be pivotal to the DSE's performance. Major banks like CRDB and NMB Bank have reported impressive profits and stock price appreciations, contributing to overall market growth.

The Tanzanian government is actively encouraging state-owned enterprises to list on the DSE to raise capital. Notably, discussions are underway to list STAMIGOLD, a state-owned gold mining enterprise, providing investors with opportunities to participate in the mining sector's growth.

The Monetary Policy Committee is expected to maintain the central bank rate at 6 percent for the first quarter of 2025, with a potential increase of 50 basis points in the second quarter. These measures aim to control inflation and support economic growth, ensuring a stable environment for market activities.