The Latest

Vodacom Tanzania IPO Begin

March 9, 2017
1 minute read
Vodacom Tanzania IPO

Tanzanian mobile network operator (MNO) Vodacom has started today its IPO for 560 million shares at TZS 850 per share.

The initial offer opens on 9tn March 2017 and closes on 19th April 2017.

The subsequent listing and commencement of trading of issued and fully paid shares on the Dar Es Salaam Stock Exchange (DSE) is set for 16th May 2017.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

Tanzania’s new Finance Bill enforced on July 1st 2016 requires Tanzanian telecom companies to list at DSE by the end of 2016.

According to the Bill, network facilities, network services, and application services licensees (including mobile operators) have to list 25% of their shares.

To date, only Vodacom and Tigo have submitted their prospectus to CMSA and only Vodacom prospectus has been approved.

RELATED:  Dar es Salaam Stock Exchange Week 3, 2025: Turnover Down -73%, TPCC Up +4.44%
Tweet
Share
Share
Share
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 43 of 2025: Debut ETF Trades 712,100 Units, PAL Rises +33.33%

During Week 43 of 2025, the Dar es Salaam Stock Exchange (DSE) saw overall declines across major indices, except the Banks, Finance & Investment Index, which rose by +0.37%. PAL led weekly gains with a +33.33% price increase, followed by TTP (+26.58%) and TCCL (+11.90%). Trading on the new Exchange Traded Fund (ETF) Board was active, with VIS-ETF recording 712,100 units traded and a total turnover of TZS 193.07 million.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 42 of 2025: IA Index Advances +0.55%, Driven by Massive Gains in PAL (+20.00%) and TTP (+19.70%)

During the four-day trading week of Week 42 of 2025 at the Dar es Salaam Stock Exchange (DSE) experienced substantial declines in turnover metrics compared to the previous week. Total bond turnover dropped by -75.01%, while equity turnover fell by -21.52%. The total market capitalisation declined by -1.58%. In terms of indexes, the Industrial & Allied (IA) Index was the only benchmark to advance, rising +0.55%. Top-gaining stocks demonstrated significant momentum, led by PAL (+20.00%), TTP (+19.70%), and MKCB (+13.74%), while the largest losses were recorded by CRDB (-9.38%) and NICO (-6.08%).