Inflation and market breadth
Inflation rose to 4.2%; transport remained the pressure point
SignalJuly headline inflation reached 4.2% and transport 13.8%; 4,184.91 and 9,207.32 both advanced at the verified close.
Why it mattersFood inflation held at 4.1%, while CRDB and NMB supplied 93.7% of TZS 9.747bn equity turnover.
What to watchThe 12 August bill auction, the next DSE close and the 8 September inflation release test rates, breadth and persistence.
Source: National Bureau of Statistics, DSE and Bank of Tanzania · Edition 11 Aug 2026
Go deeper →Inflation composition
Transport stood above the regional and domestic inflation readings
SignalJuly inflation was 4.2% in Tanzania, 6.5% in Kenya and 4.0% in Uganda; Tanzania transport reached 13.8%.
Why it mattersRegional headlines add context, while Tanzania’s transport, food and core readings show the local composition; baskets remain distinct.
What to watchThe 8 September Tanzania release tests whether transport pressure broadens into core services or eases.
Source: National Bureau of Statistics · Edition 11 Aug 2026 · Data verified · interpretation: Medium confidence
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Index direction
Both headline indices advanced, led by the domestic-only gauge
Signal4,184.91 rose 0.04% and 9,207.32 0.41%; 11 counters advanced, six declined and eight did not trade.
Why it mattersPositive breadth was directionally constructive, but it did not show where the session’s money was concentrated.
What to watchThe next verified close tests whether both indices keep the same direction and whether inactive counters return.
Source: DSE · Edition 11 Aug 2026 · Data verified · interpretation: Medium confidence
Go deeper →Money traded
CRDB and NMB carried 93.7% of the equity tape
SignalCRDB supplied TZS 7.454bn and NMB TZS 1.682bn, or 93.7% combined, of TZS 9.747bn equity turnover.
Why it mattersTwenty counters traded, but the distribution of value remained far narrower than the participation count.
What to watchThe next verified session tests whether the two-bank share falls while traded-counter breadth holds.
Source: DSE · Edition 11 Aug 2026 · Data verified · interpretation: Medium confidence
Go deeper →Short-end conditions
The interbank rate sat two basis points above the policy anchor
SignalThe seven-day interbank rate was 6.27% on 10 August, two basis points above the 6.25% CBR.
Why it mattersThe overnight funding gauge sat close to the policy anchor; one observation does not establish a new rates regime.
What to watchThe 12 August bill auction is the next dated short-end test; auction yields remain separate from the fitted curve.
Source: Bank of Tanzania · Edition 11 Aug 2026 · Data verified · interpretation: Medium confidence
Go deeper →The Ghost
The model book
The Ghost’s hypothetical TZS 500m model ledger is +8.82% since inception at its 10 Aug mark. Inflation composition, positive breadth and concentrated turnover update the observable terrain; 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 →