NMB Bank Plc has launched a new mobile stock trading platform in partnership with the Dar es Salaam Stock Exchange (DSE), aimed at enhancing investment participation and simplifying access to capital markets.

The new feature, known as Hisa Kiganjani, is integrated into the NMB Mkononi App, allowing users to buy and sell shares in real time with just a few taps on their smartphones.

The platform is designed to eliminate barriers faced by both experienced and new investors, offering real-time access to trading information for all DSE-listed companies. 

By simplifying transactions and reducing reliance on traditional brokerage services, the initiative is expected to boost trading activity and liquidity at the bourse.

Speaking at the launch event in Dar es Salaam, NMB Bank CEO Ruth Zaipuna described the platform as a milestone in the bank’s digital transformation strategy. She noted that it aligns with

NMB’s broader financial inclusion goals and will contribute to increasing stock market participation by making trading more efficient, secure, and user-friendly.

Zaipuna praised the collaboration between NMB and DSE ICT teams that made the platform possible and reaffirmed the bank’s commitment to promoting financial and stock market literacy

among Tanzanians. She emphasized the bank’s continued investment in technology to enhance customer experience and empower investors.

DSE CEO Peter Nalitolela echoed these sentiments, highlighting how the mobile platform will personalize the trading experience and allow millions of Tanzanians to access the stock market from their phones, eliminating the need to visit stockbrokers physically. 

He encouraged youth and first-time investors to take advantage of the opportunity, noting that substantial capital is not necessary to begin investing in stocks.

Guest of honor, Minister for Planning and Investment Prof. Kitila Mkumbo, commended the initiative, calling it a catalyst for increased trading activity and efficiency at the DSE. 

However, he stressed the importance of changing public perceptions and increasing awareness about thebenefits of stock trading. He also revealed that plans are underway for more government institutions to list on the stock exchange starting next year, a move intended to enhance transparency and accountability.

The NMB–DSE collaboration marks a significant step forward in democratizing financial markets in Tanzania and is expected to drive broader participation and confidence in the capital markets.

Minister of State in the President’s Office (Planning and Investment) Prof Kitila Mkumbo (R), inaugurates the special partnership between NMB Bank and the Dar es Salaam Stock Exchange (DSE) for digital stock trading.