The Brief

1,379.16 and 2,320.19 rose on 26 August as equity turnover reached TZS 12.860bn and BoT bill yields fell across all four tenors.

NBC’s mobile trading route removes an access barrier, but value remained concentrated and disclosed usage evidence is still unavailable.

Funded accounts, completed orders and repeat use are the tests of whether easier access becomes broader participation.

Twenty-one counters traded as equity turnover reached TZS 12.860bn on 26 August.

CRDB supplied 32.7% of value, TBL 30.9% and NMB 30.2%, while 11 counters advanced and 8 declined.

The next verified close tests whether activity spreads beyond the three leading counters.

Auction 1205 yields fell by 3.56 to 12.57 basis points across the 35-day, 91-day, 182-day and 364-day tenors.

The 364-day yield closed at 6.6492%, 39.9 basis points above the 6.25% CBR. One auction does not establish a lasting easing cycle.

The next dated BoT bill auction tests whether the all-tenor decline persists.

TPA reported 30.8mn tonnes handled in the first 11 months of FY2025/26, above 27.7mn tonnes in all of FY2024/25.

The 33.7mn tonne headline is TPA’s full-year projection, not achieved throughput. Cargo mix, dwell time and rail share remain undisclosed.

The final full-year outturn tests the projection and whether higher volume came with lower operating friction.