Dar Stock Exchange and NMB Bank Launch Integrated Mini App to Expand Retail Investment in Tanzania

On July 10, 2025, the Dar es Salaam Stock Exchange (DSE) and NMB Bank launched the DSE Hisa Kiganjani Mini App within the NMB Mkononi Supa App, enabling over 6 million users to access capital markets directly from their mobile phones.

The launch event, held at the DSE’s Exchange Tower in Dar es Salaam, was officiated by Hon. Prof. Kitila Mkumbo, Minister of State in the President’s Office for Planning and Investment.

The integration of DSE’s services into NMB’s digital ecosystem marks a major step toward enhancing financial inclusion and expanding access to investment tools for all income groups in Tanzania.

Through the Mini App, NMB Mkononi users can now open a Central Depository System (CDS) account, monitor investment performance, buy and sell shares, and access real-time market data, all without paperwork or in-person visits.

The platform is designed to eliminate traditional barriers to entry by offering an intuitive and automated user experience.

Speaking at the event, Prof. Mkumbo commended the collaboration as a model of private-sector support for national development goals, especially the deepening of Tanzania’s capital markets. “True economic transformation requires bold, smart, and inclusive digital solutions. This collaboration between DSE and NMB is exactly what we need to bring markets closer to the people,” he noted.

DSE CEO Peter Nalitolela emphasized the institution’s focus on partnerships and technology. “Our mission is to make investing seamless and accessible. Embedding DSE Hisa Kiganjani into NMB Mkononi ensures that capital markets are no longer a distant idea, but a reality in the hands of every Tanzanian,” he said.

For hor part, NMB Bank CEO Ruth Zaipuna highlighted that the initiative aligns with the bank’s commitment to financial empowerment. “We are proud to be the first largest bank to fully integrate DSE services into our mobile banking app. This partnership is about more than technology; it’s about giving Tanzanians power over their financial futures,” she said.

The initiative is expected to significantly boost retail investor participation, particularly among youth, women, and underserved communities, and contribute to increased national savings and ownership in listed companies.

The launch forms part of DSE’s broader digital transformation roadmap aimed at extending market access to SMEs, informal sector players, and diaspora investors, for a more participatory and democratized capital market in Tanzania.

It also aligns with the country’s Development Vision 2025, which emphasizes inclusive and technology-driven economic growth.