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 Friday, 21 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 2026-08-21 covered session
Only declared transformations and compatible comparisons are enabled. The exact state is retained in the URL.
Reuse package · edition 2026-08-21-1d2314b51222
| 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 |
| 2026-08-21 | Cumulative TSI minus DSEI | -1.71 |
2026-08-21-1d2314b51222 · 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 →
4,250.04 fell 0.16% and 9,321.17 0.24%; 7 counters advanced and 7 declined.
CRDB supplied 58.6% of TZS 1.385bn turnover, while activity was 0.21 times the held-session median.
The 24 August close tests whether participation broadens beyond the leading counter.
4,250.04 fell 0.16% while 21 counters traded and market breadth finished balanced.
CRDB supplied 58.6% of TZS 1.385bn turnover; VODA and TCC added 19.8% together.
The next verified close tests whether turnover distributes more widely across traded counters.
A free daily Tanzania market-intelligence note covering DSE moves, rates, FX, policy, macro signals and what to watch next.
PPRA reports 27,946 registered special groups, over TZS 56bn in contracts and 79% compliance in 2025/26.
The figures make participation measurable, but the 2050 jobs ambition remains a long-horizon delivery claim.
Annual group activity, awards, completion and employment records are the next tests of execution.
The BoT ledger records USD/TZS at 2,643.52 on its 24 August dated observation.
The mean sits 37.5% through the 30-observation range and the one-month shilling move is -0.14%.
Only the next dated BoT observation can advance the Brief’s FX publication clock.
The Ghost’s hypothetical model ledger is +9.04% since inception at its 2026-08-21 mark. Turnover concentration, procurement execution and the BoT FX clock change 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 | 24 Aug DSE close | Tests whether Friday’s low-participation turnover concentration persists. |
| At the next dated official update | PPRA participation record | Separates measured procurement awards and delivery from the long-horizon employment ambition. |
| Next official dated observation | BoT FX observation | Advances USD/TZS only through the governed publication clock. |
| When dated dispatch, tariff or network data is published | JNHPP operating evidence | Tests whether verified generation capacity is translating into reliable productive use. |
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 21 Aug 2026. Other observations retain their own source dates.