Highlights:
Date » 7 Aug 2017 ACA » 5,410 CRDB » 200 DCB » 395 DSE » 1,200 EABL » 5,620 JHL » 9,320 KA » 80 KCB » 890 MBP » 600 MCB » 500 MKCB » 900 MUCOBA » 400 NMB » 2,760 NMG » 2,460 PAL » 470 SWALA » 500 SWISSPORT » 3,820 TBL » 12,500 TCC » 9,800
How to Buy Or Sell Shares/Securities

Must have a CDS Account with DSE CSD - No fee for Opening a CDS Account

Requirements for Opening a CDS Account For Individual Investors

  • Depository Account application form-Individual
  • Duly filled Client Information form plus a copy of ID/or Passport
  • For Corporate/Company

  • A copy of Certificate of Incorporation
  • Copies of Company's Directors IDs
  • A copy of MEMARTS
  • Depository Account application form-Body Corporate

Purchasing of Shares

For Individual Investors

  • Duly filled and signed purchase order form
  • A deposit of money with Tanzania Securities
  • Duly filled client Information form plus a copy of ID or passport

For Corporate/Company

  • A duly filled and signed purchase order form
  • A deposit of money with Tanzania Securities
  • Copy of Certificate of Incorporation/Registration

Selling of Shares

For Individual

  • Original Depository receipt submitted to the broker
  • Duly filled and signed sell order form-signed by the shareholder
  • Payment details

For Corporate/Company

  • Original Depository certificate submitted to the broker
  • Duly filled and signed sell order form-signed by company director(s)
  • Letter from the company authorizing the sale of shares

Note:

  • Brokerage commissions and Regulatory fees will be charged as per the CMSA's approved fee structure
  • Bank charges may apply for interbank transfers

Why Investing in Shares?

  • Possibility of getting high return in the form of dividend and capital gain
  • Shares can be mortgaged for a bank loan
  • Shares can be easily transferred to a friend or relative as a gift or inheritance
  • A chance of becoming part of company's shareholders-right to attend AGM and vote
  • Undisputed evidence of ownership-Depository receipt
  • Requires less administration costs and time to run