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 Thursday, 20 August 2026; the most recent verified session. Its figures are frozen to that close; for today’s live moves see Markets.
Did the domestic market and the headline index move together or apart over the covered quarter?
Cumulative TSI return minus cumulative DSEI return · frozen at the 2026-08-20 covered session
Only declared transformations and compatible comparisons are enabled. The exact state is retained in the URL.
Reuse package · edition 2026-08-20-a8c90b2d2272
| Date | Relationship | Cumulative gap (pp) |
|---|---|---|
| 2026-05-25 | Cumulative TSI minus DSEI | 0 |
| 2026-05-26 | Cumulative TSI minus DSEI | 0.17 |
| 2026-05-28 | Cumulative TSI minus DSEI | 0.46 |
| 2026-05-29 | Cumulative TSI minus DSEI | 0.37 |
| 2026-06-01 | Cumulative TSI minus DSEI | 0.48 |
| 2026-06-02 | Cumulative TSI minus DSEI | 0.82 |
| 2026-06-03 | Cumulative TSI minus DSEI | 0.57 |
| 2026-06-04 | Cumulative TSI minus DSEI | 0.68 |
| 2026-06-05 | Cumulative TSI minus DSEI | 0.87 |
| 2026-06-08 | Cumulative TSI minus DSEI | 0.71 |
| 2026-06-09 | Cumulative TSI minus DSEI | 0.42 |
| 2026-06-10 | Cumulative TSI minus DSEI | 0.04 |
| 2026-06-11 | Cumulative TSI minus DSEI | -0.16 |
| 2026-06-12 | Cumulative TSI minus DSEI | -0.49 |
| 2026-06-15 | Cumulative TSI minus DSEI | -0.88 |
| 2026-06-16 | Cumulative TSI minus DSEI | -0.73 |
| 2026-06-17 | Cumulative TSI minus DSEI | -0.82 |
| 2026-06-18 | Cumulative TSI minus DSEI | -1.32 |
| 2026-06-19 | Cumulative TSI minus DSEI | -1.19 |
| 2026-06-22 | Cumulative TSI minus DSEI | -0.81 |
| 2026-06-23 | Cumulative TSI minus DSEI | -1.02 |
| 2026-06-24 | Cumulative TSI minus DSEI | -1.12 |
| 2026-06-25 | Cumulative TSI minus DSEI | -2.09 |
| 2026-06-26 | Cumulative TSI minus DSEI | -2.65 |
| 2026-06-29 | Cumulative TSI minus DSEI | -2.71 |
| 2026-06-30 | Cumulative TSI minus DSEI | -2.44 |
| 2026-07-01 | Cumulative TSI minus DSEI | -1.72 |
| 2026-07-02 | Cumulative TSI minus DSEI | -1.93 |
| 2026-07-03 | Cumulative TSI minus DSEI | -1.63 |
| 2026-07-06 | Cumulative TSI minus DSEI | -1.46 |
| 2026-07-08 | Cumulative TSI minus DSEI | -1.69 |
| 2026-07-09 | Cumulative TSI minus DSEI | -1.68 |
| 2026-07-10 | Cumulative TSI minus DSEI | -1.67 |
| 2026-07-13 | Cumulative TSI minus DSEI | -1.69 |
| 2026-07-14 | Cumulative TSI minus DSEI | -1.89 |
| 2026-07-15 | Cumulative TSI minus DSEI | -1.72 |
| 2026-07-16 | Cumulative TSI minus DSEI | -1.92 |
| 2026-07-17 | Cumulative TSI minus DSEI | -1.82 |
| 2026-07-20 | Cumulative TSI minus DSEI | -1.79 |
| 2026-07-21 | Cumulative TSI minus DSEI | -1.62 |
| 2026-07-22 | Cumulative TSI minus DSEI | -1.54 |
| 2026-07-23 | Cumulative TSI minus DSEI | -1.43 |
| 2026-07-24 | Cumulative TSI minus DSEI | -2.54 |
| 2026-07-27 | Cumulative TSI minus DSEI | -1.54 |
| 2026-07-28 | Cumulative TSI minus DSEI | -1.14 |
| 2026-07-29 | Cumulative TSI minus DSEI | -1.05 |
| 2026-07-30 | Cumulative TSI minus DSEI | -1.07 |
| 2026-07-31 | Cumulative TSI minus DSEI | -1 |
| 2026-08-03 | Cumulative TSI minus DSEI | -1.09 |
| 2026-08-04 | Cumulative TSI minus DSEI | -1.21 |
| 2026-08-05 | Cumulative TSI minus DSEI | -1.42 |
| 2026-08-06 | Cumulative TSI minus DSEI | N/A |
| 2026-08-07 | Cumulative TSI minus DSEI | -1.76 |
| 2026-08-10 | Cumulative TSI minus DSEI | -1.39 |
| 2026-08-11 | Cumulative TSI minus DSEI | -1.15 |
| 2026-08-12 | Cumulative TSI minus DSEI | -1.36 |
| 2026-08-13 | Cumulative TSI minus DSEI | -1.44 |
| 2026-08-14 | Cumulative TSI minus DSEI | -1.18 |
| 2026-08-17 | Cumulative TSI minus DSEI | -1.38 |
| 2026-08-18 | Cumulative TSI minus DSEI | -1.49 |
| 2026-08-19 | Cumulative TSI minus DSEI | -1.76 |
| 2026-08-20 | Cumulative TSI minus DSEI | -1.63 |
2026-08-20-a8c90b2d2272 · revision log →dse-daily-market-indicescumulative-excess-return; cumulative sum(TSI session return minus DSEI session return)Read: Above zero means the domestic index led. Below zero means the all-share led. A flat line near zero means their paths were similar.
Index scope differs. The measure adds only sessions with comparable published returns and is not a portfolio return. The excluded session remains disclosed in the values table.
Descriptive flags from the verified DSE close; not signals, predictions, or advice. The official close, fully broken down; After the Bell →
4,256.95 rose 0.03% and 9,343.34 0.17%; 5 counters advanced against 7 decliners.
CRDB, NICO, KCB supplied 88.4% of TZS 3.163bn verified equity turnover.
The next DSE close tests whether value spreads beyond banks and NICO.
4,256.95 rose 0.03% while 19 counters traded in the verified close.
The leading three names supplied 88.4% of TZS 3.163bn equity turnover.
The next close tests whether turnover broadens beyond the leading three names.
A free daily Tanzania market-intelligence note covering DSE moves, rates, FX, policy, macro signals and what to watch next.
Vodacom reported 27.7m customers, 76.3% 4G coverage and 14.1m financial-inclusion customers in its FY2026 ESG snapshot.
The corporate source adds network, payments and inclusion evidence outside the daily exchange tape.
Issuer follow-through and future filings test whether the disclosed metrics translate into dated operating records.
The BoT ledger records USD/TZS at 2,644.21 on the 2026-08-21 sheet.
The same ledger shows a -0.28% one-month shilling move and keeps its clock separate from the DSE close.
Use the next BoT sheet, not an editorial lookup, to update the FX marker.
The Ghost's hypothetical model ledger is +9.38% since inception at its 2026-08-20 mark. Turnover concentration, Vodacom disclosure and the FX sheet 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 →| When | Event | Why it matters |
|---|---|---|
| After official DSE publication | 21 Aug DSE close | Confirms whether the 20 Aug turnover pool broadens beyond CRDB, NICO and KCB. |
| After issuer and source follow-through | Vodacom FY2026 ESG source record | Separates disclosed network and financial-inclusion metrics from later commercial or capex execution. |
| Next official daily sheet | BoT FX sheet | Updates USD/TZS from the governed ledger without hand-stamping a newer publication clock. |
A free daily Tanzania market-intelligence note covering DSE moves, rates, FX, policy, macro signals and what to watch next.
Information and education only, not advice or a forecast. Market figures cover the DSE verified close of 20 Aug 2026. Other observations retain their own source dates.