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.
Weekly overview; the week in review, frozen at Saturday’s publication and covering the 18 Sep 2026 verified close (the week’s last verified session). Its figures are frozen to that close; for today’s live moves see Markets.
The read: the Friday close, with the move across the whole week beside it; not the one-session change the daily Brief shows. The implication: the index level alone never says whether the week was broad or carried by a couple of names; breadth and turnover do.
What the index hid: highly concentrated; the single heaviest name took 91% of one session’s turnover. A week can look active and still be carried by one counter. Each close, fully broken down; After the Bell →
How to read this: short government paper is the opportunity cost of taking equity risk. Why it matters: the higher the front end sits, the more dividends, earnings growth and liquidity equities must deliver to clear it. Educational; not advice.
How to read this: each link carries its own authority and its own lag; FX moves daily, fuel caps monthly, food weekly, CPI monthly. Why it matters: this is the chain that turns a currency move into a cost-of-living move. Descriptive, not predictive; the links are shown, not forecast.
The week card; built to be screenshotted and shared. Every figure is computed from the verified record.
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 2026-09-18 covered session
Only declared transformations and compatible comparisons are enabled. The exact state is retained in the URL.
Reuse package · edition 2026-09-18-a312f97e2c6a
| Date | Relationship | Cumulative gap (pp) |
|---|---|---|
| 2026-06-22 | Cumulative TSI minus DSEI | 0 |
| 2026-06-23 | Cumulative TSI minus DSEI | -0.21 |
| 2026-06-24 | Cumulative TSI minus DSEI | -0.31 |
| 2026-06-25 | Cumulative TSI minus DSEI | -1.28 |
| 2026-06-26 | Cumulative TSI minus DSEI | -1.84 |
| 2026-06-29 | Cumulative TSI minus DSEI | -1.9 |
| 2026-06-30 | Cumulative TSI minus DSEI | -1.63 |
| 2026-07-01 | Cumulative TSI minus DSEI | -0.91 |
| 2026-07-02 | Cumulative TSI minus DSEI | -1.12 |
| 2026-07-03 | Cumulative TSI minus DSEI | -0.82 |
| 2026-07-06 | Cumulative TSI minus DSEI | -0.65 |
| 2026-07-08 | Cumulative TSI minus DSEI | -0.88 |
| 2026-07-09 | Cumulative TSI minus DSEI | -0.87 |
| 2026-07-10 | Cumulative TSI minus DSEI | -0.86 |
| 2026-07-13 | Cumulative TSI minus DSEI | -0.88 |
| 2026-07-14 | Cumulative TSI minus DSEI | -1.08 |
| 2026-07-15 | Cumulative TSI minus DSEI | -0.91 |
| 2026-07-16 | Cumulative TSI minus DSEI | -1.11 |
| 2026-07-17 | Cumulative TSI minus DSEI | -1.01 |
| 2026-07-20 | Cumulative TSI minus DSEI | -0.98 |
| 2026-07-21 | Cumulative TSI minus DSEI | -0.81 |
| 2026-07-22 | Cumulative TSI minus DSEI | -0.73 |
| 2026-07-23 | Cumulative TSI minus DSEI | -0.62 |
| 2026-07-24 | Cumulative TSI minus DSEI | -1.73 |
| 2026-07-27 | Cumulative TSI minus DSEI | -0.73 |
| 2026-07-28 | Cumulative TSI minus DSEI | -0.33 |
| 2026-07-29 | Cumulative TSI minus DSEI | -0.24 |
| 2026-07-30 | Cumulative TSI minus DSEI | -0.26 |
| 2026-07-31 | Cumulative TSI minus DSEI | -0.19 |
| 2026-08-03 | Cumulative TSI minus DSEI | -0.28 |
| 2026-08-04 | Cumulative TSI minus DSEI | -0.4 |
| 2026-08-05 | Cumulative TSI minus DSEI | -0.61 |
| 2026-08-06 | Cumulative TSI minus DSEI | N/A |
| 2026-08-07 | Cumulative TSI minus DSEI | -0.95 |
| 2026-08-10 | Cumulative TSI minus DSEI | -0.58 |
| 2026-08-11 | Cumulative TSI minus DSEI | -0.34 |
| 2026-08-12 | Cumulative TSI minus DSEI | -0.55 |
| 2026-08-13 | Cumulative TSI minus DSEI | -0.62 |
| 2026-08-14 | Cumulative TSI minus DSEI | -0.37 |
| 2026-08-17 | Cumulative TSI minus DSEI | -0.57 |
| 2026-08-18 | Cumulative TSI minus DSEI | -0.68 |
| 2026-08-19 | Cumulative TSI minus DSEI | -0.95 |
| 2026-08-20 | Cumulative TSI minus DSEI | -0.82 |
| 2026-08-21 | Cumulative TSI minus DSEI | -0.89 |
| 2026-08-24 | Cumulative TSI minus DSEI | -0.51 |
| 2026-08-26 | Cumulative TSI minus DSEI | 0 |
| 2026-08-27 | Cumulative TSI minus DSEI | N/A |
| 2026-08-28 | Cumulative TSI minus DSEI | 0.65 |
| 2026-08-31 | Cumulative TSI minus DSEI | N/A |
| 2026-09-01 | Cumulative TSI minus DSEI | 0.25 |
| 2026-09-02 | Cumulative TSI minus DSEI | -0.79 |
| 2026-09-03 | Cumulative TSI minus DSEI | -1.88 |
| 2026-09-04 | Cumulative TSI minus DSEI | -1.91 |
| 2026-09-07 | Cumulative TSI minus DSEI | -0.49 |
| 2026-09-08 | Cumulative TSI minus DSEI | 0.07 |
| 2026-09-09 | Cumulative TSI minus DSEI | 0.12 |
| 2026-09-10 | Cumulative TSI minus DSEI | 1 |
| 2026-09-11 | Cumulative TSI minus DSEI | 0.87 |
| 2026-09-14 | Cumulative TSI minus DSEI | 0.63 |
| 2026-09-15 | Cumulative TSI minus DSEI | 0.42 |
| 2026-09-16 | Cumulative TSI minus DSEI | 0.57 |
| 2026-09-17 | Cumulative TSI minus DSEI | -0.3 |
| 2026-09-18 | Cumulative TSI minus DSEI | -0.19 |
2026-09-18-a312f97e2c6a · 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.
Tanzania’s main share-price measures fell this week. Less money changed hands in share trading.
Domestic shares fell more than the broader market. Friday close: DSEI 4,602.26, TSI 10,166.24.
Next week tests whether trading broadens as prices change.
The all-share index fell 1.20%; the domestic index fell 2.25% between 11 and 18 September.
Banks and finance fell 4.32%, while services rose 9.22%. The broad decline did not describe every sector.
Next week: price direction alongside the number of shares that trade.
A sourced review of the full Tanzania market week: the DSE tape and who actually carried it, rates, FX, policy, macro, companies; and what to watch next. Prefer the weekend digest to a daily note? Choose weekly only.
Equity trading totalled TZS 53.054 billion across five sessions, 13.12% below the prior week.
Trading value measures completed exchanges, not new capital raised. Friday’s TZS 4.301 billion is one session, not the week.
Next week: total trading and how widely it spreads across companies.
The latest bill auction remains 9 September: annual yields were 2.29%, 3.42%, 4.92% and 6.47%.
Yield is annual return implied by price. The 6.25% policy rate serves a different purpose; neither is a customer’s assured net return.
Next official bill result, compared at the same maturity.
The official mean rose 0.13% from TZS 2,637.9658 to 2,641.3390 per United States dollar between the two Fridays.
A higher quote means more shillings per dollar. Customer rates and charges differ; the chart omits the provisional 14 September reading.
Next dated sheet; the strip separately shows the provisional 19 September mean.
August’s annual inflation was 4.3%, up from July’s 4.2%. Food inflation slowed from 4.1% to 3.7%.
These are monthly readings released on 8 September, not weekly price changes. A slower increase does not mean a cheaper food basket.
Next National Bureau of Statistics consumer-price release.
A 19 September state-media report says Tanzania spent less on petroleum imports. It provides no value, comparison period or price-volume split.
A smaller import bill could reduce demand for foreign currency. Without the official value and period, the size and cause of the change remain unavailable.
The next Bank of Tanzania monthly economic review for the import value, comparison period and price-volume split.
Hypothetical Ghost: +17.06% since inception, marked 18 September. Contributions are separate from performance; not a real portfolio.
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 →How these were chosen: not hand-picked; the name that carried the tape, the week’s biggest gain and steepest fall, then the heaviest remaining names. Educational context only; not a recommendation, and never a price target.
The Ghost does not move because a week moved; it updates the model-book risk map. Where the book stands → · The terrain it reads →
| When | Event | Why it matters |
|---|---|---|
| Week ending 25 September | Equity prices and trading value | Compare five complete sessions; an index rise alone does not establish broader trading. |
| Next official result, date unconfirmed | Treasury-bill auction result | Compare the same maturity and preserve the auction date. |
| Next dated Bank of Tanzania sheet | Official currency observations | Separate indicative means from customer rates and charges. |
A sourced review of the full Tanzania market week: the DSE tape and who actually carried it, rates, FX, policy, macro, companies; and what to watch next. Prefer the weekend digest to a daily note? Choose weekly only.
Information and education, not advice or a solicitation. DSE close: 18 Sep 2026. Weekly index endpoints: 11 and 18 September. Trading window: 14 to 18 September. FX strip: provisional 19 September sheet; chart: final observations through 18 September. Inflation is monthly. Live updates: Markets.