KCP. USD/TZS 2,645
Tanzania Share Index 9,173.10 ▼ 0.07%USD / TZS 2,643.57 ▼ 0.1%BoT rate 6.25%Inflation 4.0% 5 Aug 2026 verified close
Tanzania Intelligence

The Brief

Vol. I · No. 218
Thursday, 6 August 2026
Verified closeDSE · BoT · frozen to the covered session5 Aug 2026 verified close

A daily reading of Tanzania’s markets, capital and policy, with regional and global forces when they materially change the read. Information and education, never advice.

The Brief is written the morning after the market closes. This edition analyses Wednesday, 5 August 2026; the most recent verified session. Its figures are frozen to that close; for today’s live moves see Markets.


DSE All-Share
4,188.97▲ 0.15%
DSEI · 5 Aug close · latest verified
Tanzania Share Index
9,173.10
TSI · 5 Aug · domestic
USD / TZS
2,643.57▼ 0.1%
BoT mean · 5 Aug sheet
BoT rate
6.25%
CBR · Q3 2026
91-day T-bill
3.44%
BoT WAR · latest auction
364-day T-bill
6.74%
BoT WAR · latest auction
Inflation
4.0%
NBS · June 2026 headline
Today in 60 seconds
  1. DSEI rose, TSI fell as NMB carried 67.2% of turnover
  2. NMB and CRDB supplied 88.1% of the session’s turnover
  3. DSEI rose 0.15% while TSI slipped 0.07%
WatchDSE index direction and turnover distributionafter the 6 Aug session
Read the full Brief ↓

Did the domestic-only and all-share indices tell the same story over the covered quarter?

The domestic market against the headline index

2026-05-05 = 100 · frozen at the 2026-08-05 covered session

+8.6%TSI · quarter+9.2%DSEI · quarter
Coverage 2026-05-05 → 2026-08-05 Vintage 2026-08-05 · final Revision current · v0
The domestic market against the headline index. Exact values underlying the chart.
DateIndexRebasedRaw level
2026-05-05Tanzania Share Index1008,450.36
2026-05-06Tanzania Share Index98.86478,354.42
2026-05-07Tanzania Share Index98.00128,281.45
2026-05-08Tanzania Share Index99.0838,372.87
2026-05-11Tanzania Share Index100.64738,505.06
2026-05-12Tanzania Share Index100.63678,504.16
2026-05-13Tanzania Share Index100.20518,467.69
2026-05-14Tanzania Share Index99.60988,417.39
2026-05-15Tanzania Share Index99.51068,409
2026-05-18Tanzania Share Index99.9718,447.91
2026-05-19Tanzania Share Index100.11758,460.29
2026-05-20Tanzania Share Index99.83938,436.78
2026-05-21Tanzania Share Index100.88958,525.53
2026-05-22Tanzania Share Index101.32368,562.21
2026-05-25Tanzania Share Index103.08268,710.85
2026-05-26Tanzania Share Index103.72738,765.33
2026-05-28Tanzania Share Index103.9688,785.67
2026-05-29Tanzania Share Index103.83578,774.49
2026-06-01Tanzania Share Index104.28478,812.43
2026-06-02Tanzania Share Index104.9648,869.84
2026-06-03Tanzania Share Index104.50538,831.07
2026-06-04Tanzania Share Index104.86228,861.23
2026-06-05Tanzania Share Index104.30988,814.55
2026-06-08Tanzania Share Index104.34938,817.89
2026-06-09Tanzania Share Index103.88788,778.89
2026-06-10Tanzania Share Index103.27028,726.7
2026-06-11Tanzania Share Index102.25958,641.3
2026-06-12Tanzania Share Index101.70128,594.12
2026-06-15Tanzania Share Index100.60358,501.36
2026-06-16Tanzania Share Index101.6948,593.51
2026-06-17Tanzania Share Index101.99168,618.66
2026-06-18Tanzania Share Index102.46898,658.99
2026-06-19Tanzania Share Index102.3458,648.52
2026-06-22Tanzania Share Index102.04438,623.11
2026-06-23Tanzania Share Index101.91428,612.12
2026-06-24Tanzania Share Index102.19388,635.74
2026-06-25Tanzania Share Index102.43798,656.37
2026-06-26Tanzania Share Index103.0428,707.42
2026-06-29Tanzania Share Index103.36098,734.37
2026-06-30Tanzania Share Index103.86668,777.1
2026-07-01Tanzania Share Index104.83128,858.61
2026-07-02Tanzania Share Index105.46268,911.97
2026-07-03Tanzania Share Index106.46998,997.09
2026-07-06Tanzania Share Index106.28778,981.69
2026-07-08Tanzania Share Index106.02058,959.11
2026-07-09Tanzania Share Index105.70638,932.56
2026-07-10Tanzania Share Index105.53728,918.27
2026-07-13Tanzania Share Index105.46998,912.59
2026-07-14Tanzania Share Index105.24498,893.57
2026-07-15Tanzania Share Index105.71158,933
2026-07-16Tanzania Share Index105.79778,940.29
2026-07-17Tanzania Share Index106.14138,969.32
2026-07-20Tanzania Share Index105.94028,952.33
2026-07-21Tanzania Share Index105.8358,943.44
2026-07-22Tanzania Share Index106.17958,972.55
2026-07-23Tanzania Share Index106.56759,005.34
2026-07-24Tanzania Share Index106.36258,988.01
2026-07-27Tanzania Share Index107.2089,059.46
2026-07-28Tanzania Share Index108.19539,142.89
2026-07-29Tanzania Share Index108.54659,172.57
2026-07-30Tanzania Share Index109.09059,218.54
2026-07-31Tanzania Share Index109.05079,215.18
2026-08-03Tanzania Share Index108.87319,200.17
2026-08-04Tanzania Share Index108.62429,179.14
2026-08-05Tanzania Share Index108.55289,173.1
2026-05-05DSE All Share1003,836.74
2026-05-06DSE All Share99.14753,804.03
2026-05-07DSE All Share98.54123,780.77
2026-05-08DSE All Share99.41153,814.16
2026-05-11DSE All Share100.50513,856.12
2026-05-12DSE All Share100.76993,866.28
2026-05-13DSE All Share100.16843,843.2
2026-05-14DSE All Share99.85513,831.18
2026-05-15DSE All Share99.78993,828.68
2026-05-18DSE All Share100.12953,841.71
2026-05-19DSE All Share100.23013,845.57
2026-05-20DSE All Share99.82983,830.21
2026-05-21DSE All Share100.60313,859.88
2026-05-22DSE All Share100.99853,875.05
2026-05-25DSE All Share102.20793,921.45
2026-05-26DSE All Share102.67363,939.32
2026-05-28DSE All Share102.613,936.88
2026-05-29DSE All Share102.57353,935.48
2026-06-01DSE All Share102.90513,948.2
2026-06-02DSE All Share103.22593,960.51
2026-06-03DSE All Share103.02993,952.99
2026-06-04DSE All Share103.27473,962.38
2026-06-05DSE All Share102.5373,934.08
2026-06-08DSE All Share102.73883,941.82
2026-06-09DSE All Share102.57883,935.68
2026-06-10DSE All Share102.36293,927.4
2026-06-11DSE All Share101.56253,896.69
2026-06-12DSE All Share101.33713,888.04
2026-06-15DSE All Share100.64433,861.46
2026-06-16DSE All Share101.58213,897.44
2026-06-17DSE All Share101.97023,912.33
2026-06-18DSE All Share102.95513,950.12
2026-06-19DSE All Share102.70413,940.49
2026-06-22DSE All Share102.00933,913.83
2026-06-23DSE All Share102.08883,916.88
2026-06-24DSE All Share102.47223,931.59
2026-06-25DSE All Share103.71413,979.24
2026-06-26DSE All Share104.90964,025.11
2026-06-29DSE All Share105.29884,040.04
2026-06-30DSE All Share105.52714,048.8
2026-07-01DSE All Share105.74654,057.22
2026-07-02DSE All Share106.60384,090.11
2026-07-03DSE All Share107.29764,116.73
2026-07-06DSE All Share106.93824,102.94
2026-07-08DSE All Share106.91524,102.06
2026-07-09DSE All Share106.58114,089.24
2026-07-10DSE All Share106.40364,082.43
2026-07-13DSE All Share106.35754,080.66
2026-07-14DSE All Share106.33984,079.98
2026-07-15DSE All Share106.63614,091.35
2026-07-16DSE All Share106.93824,102.94
2026-07-17DSE All Share107.17384,111.98
2026-07-20DSE All Share106.93534,102.83
2026-07-21DSE All Share106.65754,092.17
2026-07-22DSE All Share106.91034,101.87
2026-07-23DSE All Share107.1914,112.64
2026-07-24DSE All Share108.16844,150.14
2026-07-27DSE All Share107.94924,141.73
2026-07-28DSE All Share108.5154,163.44
2026-07-29DSE All Share108.76764,173.13
2026-07-30DSE All Share109.33424,194.87
2026-07-31DSE All Share109.2184,190.41
2026-08-03DSE All Share109.13484,187.22
2026-08-04DSE All Share109.01684,182.69
2026-08-05DSE All Share109.18054,188.97

Read: The rebased paths show the part of the domestic move that the broader headline index does; and does not; capture.

Index scope differs. Neither line is the return of every constituent or of a reader’s portfolio.

DSE Tape Check

Market breadth
Broad advance
9 rose, 6 fell
Advancers against decliners on the verified DSE close.
Turnover concentration
Block-driven
One name carried the tape
NMB Bank was 67% of turnover; index moves overstate how broad the day really was.

Descriptive flags from the verified DSE close; not signals, predictions, or advice. The official close, fully broken down; After the Bell →

Verified close

DSEI rose, TSI fell as NMB carried 67.2% of turnover

Signal

4,188.97 rose 0.15% while 9,173.10 fell 0.07%; TZS 4.528bn traded and NMB supplied 67.2%.

Why it matters

Nine names advanced and six declined, yet NMB and CRDB supplied 88.1% of turnover. Directional breadth and money distribution sent different signals.

What to watch

Whether the 6 August verified close brings DSEI and TSI back into the same direction while turnover broadens beyond NMB.

Source: DSE · Observed 5 Aug 2026
Go deeper →
Money traded

NMB and CRDB supplied 88.1% of the session’s turnover

Signal

NMB supplied 67.2% and CRDB 20.9% of TZS 4.528bn in verified equity turnover.

Why it matters

Twenty-one counters traded and advancers led decliners nine to six, but the top two banks absorbed most of the session’s money.

What to watch

Whether the 6 August close lowers the top-two share while traded-counter participation remains at or above 21.

Source: DSE · Edition 6 Aug 2026 · Data verified · interpretation: Medium confidence
Go deeper →
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Index split

DSEI rose 0.15% while TSI slipped 0.07%

Signal

4,188.97 gained 0.15% while 9,173.10 fell 0.07%; the all-share and domestic-only indices moved in opposite directions.

Why it matters

Cross-listed and domestic components did not send one market-wide direction, so the all-share headline did not describe the local board alone.

What to watch

The 6 August close tests whether the two indices reconverge or extend the split.

Source: DSE · Edition 6 Aug 2026 · Data verified · interpretation: Medium confidence
Go deeper →
Policy transmission

The seven-day interbank rate fell back below the CBR

Signal

BoT’s seven-day IBCM rate fell 23bp to 6.21% on 5 August, four basis points below the 6.25% CBR.

Why it matters

Near-term interbank pricing converged on the policy anchor, while the latest 91-day bill remained about 290bp below it on a different date.

What to watch

The next verified IBCM observation and Treasury-bill result test whether the gap narrows or persists.

Source: Bank of Tanzania · Edition 6 Aug 2026 · Data verified · interpretation: Medium confidence
Go deeper →
External buffer

Import cover cleared Tanzania’s floor but not the EAC benchmark

Signal

BoT placed official reserves around US$6bn and import cover at 4.3 months in the quarter to June.

Why it matters

Coverage exceeded Tanzania’s four-month statutory floor but remained below the EAC’s 4.5-month and SADC’s six-month benchmarks.

What to watch

The next official reserve print tests whether import cover clears the 4.5-month EAC benchmark.

Source: Bank of Tanzania · Edition 6 Aug 2026 · Data verified · interpretation: Medium confidence
Go deeper →
The Ghost

The model book

The Ghost’s hypothetical TZS 500m model book is +8.07% since inception at its 5 Aug mark. Split indices, concentrated turnover, near-anchor interbank pricing and reserve adequacy update the risk map; not trades.

Ghost relevance: how today’s rates, FX, gold and inflation read against a hypothetical model-book; educational, not advice.

Open the Ghost tracker → The terrain it reads →
Week ahead; what to watch
WhenEventWhy it matters
after the 6 Aug sessionDSE index direction and turnover distributionThe 5 August close split DSEI and TSI while NMB and CRDB supplied 88.1% of equity turnover.
next BoT dashboard observationNext verified seven-day IBCM observationThe 5 August rate fell 23bp to 6.21%, four basis points below the 6.25% CBR.
date not announcedNext verified BoT Treasury-bill resultAuction No. 1203 remains latest, with the 91-day weighted-average yield about 290bp below the CBR.
date not announcedNext official reserve and import-cover publicationThe latest 4.3-month cover exceeded Tanzania’s floor but remained below the EAC and SADC benchmarks.
next accessible issuer or DSE copyReadable AFRIPRISE Q2 primary filingThe Wire surfaced a corporate PDF, but no Q2 figure is promoted until the filing can be opened and checked directly.
Get the Daily Brief before the market opens.

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Compiled from public sources for information and education only; not investment advice, a forecast or a recommendation. Equity, index, breadth and turnover figures reconcile to the DSE verified close (5 Aug 2026); rates, reserves and FX use Bank of Tanzania publications, and inflation uses NBS. The current Wire hand-off was read first and contained two primary-grade cards. The CMSA annual-report card was omitted because the feed exposed no substantive figures, findings or rule changes. The AFRIPRISE Q2 card was omitted because the corporate PDF could not be opened in either governed research path; no candidate-card figure is promoted. The DSEI and TSI split is preserved rather than compressed into one market direction. The dated interbank and Treasury-bill observations are not presented as a same-day curve. The reserve visual expresses each disclosed month threshold as a share of the six-month SADC benchmark; it does not change the underlying 4.0, 4.3, 4.5 or 6.0-month observations. No foreign-flow split is inferred from the official DSE snapshot. Undated checkpoints remain explicitly undated. For live levels see Markets.

Archive; past editions56
Friday's wider advance still depended on three counters for 84.7% of turnoverMonday, 17 August 2026NMB mechanics and a long-bond auction turn last week's gains into tests of market depthSunday, 16 August 2026Both indices rose, but five-session turnover still depended on a few namesSaturday, 15 August 2026Both headline indices accelerated; NMB still carried 66.1% of turnoverFriday, 14 August 2026Both headline indices advanced; NMB still carried 72.5% of turnoverThursday, 13 August 2026Both headline indices fell; two banks still carried 87.6% of turnoverWednesday, 12 August 2026Inflation rose to 4.2%; transport remained the pressure pointTuesday, 11 August 2026An official curve arrives; market depth is the testMonday, 10 August 2026A narrow equity tape meets a dated rates test while credit evidence awaits confirmationSunday, 9 August 2026The indices eased, two banks carried the money, and private credit acceleratedSaturday, 8 August 2026Private credit accelerated to 28.1% as the equity tape split againFriday, 7 August 2026Breadth balanced, but CRDB and NMB still carried 73.0% of turnoverWednesday, 5 August 2026The indices barely moved; CRDB and NMB supplied 94.3% of turnoverTuesday, 4 August 2026TZS 30.46bn traded, but TBL carried nearly four shillings in fiveMonday, 3 August 2026Domestic strength enters a breadth test while the next policy and issuer evidence waits on the calendarSunday, 2 August 2026Domestic shares outran the headline index; but two concentrated sessions supplied most of the moneySaturday, 1 August 2026Indices rose, but two banks carried 84.1% of turnoverFriday, 31 July 2026Indices rose, but two banks carried 92.6% of turnoverThursday, 30 July 2026Every domestic index rose, but two banks carried almost nine shillings in tenWednesday, 29 July 2026Money returned, but four counters carried almost eighty-five per cent of the sessionTuesday, 28 July 2026The test week opens: a credit tailwind lands on the banks that sat still through the recordMonday, 27 July 2026A record made on three prints meets its first dated tests; the month-end auction and an FOMC weekSunday, 26 July 2026A record with an asterisk; the All-Share closes at an all-time high in a week more names fell than roseSaturday, 25 July 2026The rise broadens into industrials and services; but CRDB carries more than half the moneyFriday, 24 July 2026The give-back reverses on the heaviest tape in weeks; but three-quarters of it is one Breweries blockThursday, 23 July 2026A second thin give-back leaves the tape 25 points off the high; while the exchange's half-year numbers tell the opposite storyWednesday, 22 July 2026A thin Monday pause nine points under the record, as the rail story hardens from headlines into contractsTuesday, 21 July 2026Monday reopens off Friday's record-adjacent close, into a week with nothing dated on the calendarMonday, 20 July 2026A week with nothing dated on the market calendar; so the question turns to breadth, not dataSunday, 19 July 2026The DSE claws back its early-July dip; up 0.72% on three straight gains, back within a whisker of its recordSaturday, 18 July 2026CRDB supplies 93% of a TZS 55.20bn board while breadth turns negativeFriday, 17 July 2026The crossing did not repeat; turnover falls 28x to TZS 2.71bn and the All-Share gains for the first time in seven sessionsThursday, 16 July 2026CRDB alone was 97% of Tuesday's board; TZS 73.4bn on 27.2m shares as the All-Share eased a sixth sessionWednesday, 15 July 2026Inflation eases to 4.0% in June; the first read after the fuel-subsidy exit and the 50bp hike passes the band testTuesday, 14 July 2026The DSE reopens at 4,082.43 with four declines behind it and the week's two dated events aheadMonday, 13 July 2026Two dated events, one question: what the hurdle rate is, and who pays for the ambitionSunday, 12 July 2026Four sessions, four declines: the DSE gives back a little of its record, and one CRDB crossing carries the tapeSaturday, 11 July 2026The DSE eases in its first full session back as a mild foreign net-selling tilt meets thin breadthFriday, 10 July 2026Saba Saba reframed as a managed trade showcase as the runway to the 17 July Vision 2050 launch clearsThursday, 9 July 2026Saba Saba passes as a shutdown, not a clash: Kariakoo deserted under heavy security as the market reopensWednesday, 8 July 2026Saba Saba day: DSE closed and security deployed across Dar, with a quiet commemoration the base caseTuesday, 7 July 2026Saba Saba eve: rally ban enforced with deployments across Dar as the TPDF warns off protest callsMonday, 6 July 2026Bank of Tanzania lifts the policy rate to 6.25%, the first tightening of the cycleSunday, 5 July 2026DSE All-Share caps a record week at 4,116.73 with a third straight all-time highSaturday, 4 July 2026DSE All-Share extends the record run to 4,090.11 as banks carry the fiscal-year openFriday, 3 July 2026DSE All-Share opens the fiscal year at a record 4,057.22 as domestic counters leadThursday, 2 July 2026Tanzania's record budget and Vision 2050 take legal effect as the execution clock startsWednesday, 1 July 2026Tanzania's record budget and DIRA 2050 take legal effect tomorrow as the fiscal year turnsTuesday, 30 June 2026DIRA 2050's implementation instruments launch today as Tanzania's new fiscal year opensMonday, 29 June 2026Tanzania opens its new fiscal year: DIRA 2050 instruments launch Monday, DSE reopens above 4,000Sunday, 28 June 2026DSE All-Share jumps 2.38% to 4,025 as cross-listed banks outpace the domestic tapeFriday, 26 June 2026Tanzania enters 2026/27 with a record budget and a 25-year horizonThursday, 25 June 2026Vision 2050 launch nears as DIRA planning instruments reach parliamentWednesday, 24 June 2026DIRA 2050 launches 1 July with a $47bn strategic-project spineTuesday, 23 June 2026TZS 62.33tn FY2026/27 budget takes effect 1 JulyMonday, 22 June 2026Samia to launch Vision (Dira) 2050 instruments on 29 JuneSunday, 21 June 2026