DSE all share index down

Imeandikwa na -

By Mnaku Mbani
The Dar es Salaam Stock Exchange (DSE) All Shares Index (DSEI) closed at 2,273.06 yesterday, down by 18.60 per cent when compared with Wednesday.
The fall of the DSEI, which calculate the performance of all locally listed and cross listed companies was a result of fall of some share prices including East African Breweries Limited which dropped by 3.39 per cent, KCB Limited by 3.70 per cent and NMG price which fell by 2.14 per cent.

The DSE market report has shown that the share prices for the majority listed companies excluding Acacia Mining and Kenya Airways remained flat when compared with the previous day (Wednesday).
The market report has shown that total turnover slowed to TZS 65.79 mln from 28,397 shares traded in 23 deals compared to the previous session which recorded a turnover of TZS 96.37 mln from 58,193 shares traded in 22 deals.
According to the report CRDB counter had 8,980 shares traded at weighted average price of TZS 180 per share in 2 deals. DSE counter had 10,010 shares traded at weighted average price of TZS 1,000 per share in 7 deals.
NMB counter had 5,457 shares traded at weighted average price of TZS 2,340 per share in 2 deals. TBL counter had 3,750 shares traded at weighted average price of TZS 11,000 per share in 5 deals.
TOL counter had 200 shares traded at weighted average price of TZS 730 per share in 1 deal.
The report shows that during the day, the selling side was dominated by foreign investors as all shares were offered were by local investors while the buying side was dominated by foreign investors by 62.6 per cent.
However, despite of the fall of the turnover, total Market Capitalisation increased to Tsh19,773.62 on Wednesday from Tsh18,510.08 recorded at the end of January this year.


Maoni

Chapisha Maoni

Machapisho maarufu kutoka blogu hii

Tanzania intra-SADC trade decline by 15 pc

Imeandikwa na -
Picha
Zambian President Edgar Lungu with Magufuli By Mnaku Mbani Tanzania’s intra-SADC trade declined by 15.5 percent to USD 1,697.3 million in 2015 from the amount recorded in preceding year. The Bank of Tanzania Economic Operations and annual report for the year ended in June 2015 published mid this month this development was attributed to a decrease in both exports and imports.
Endelea kusoma

The beauty queen from Tanzania who is building a furniture empire

Imeandikwa na -
Picha
Jacquiline Ntuyabaliwe MFONOBONG NSEHE , Forbes Magazine : Weaving in and out of Dar es Salaam’s grating midday traffic in her chauffeured white Mercedes S550, Jacqueline Ntuyabaliwe, a svelte 38-year-old beauty, is transfixed by an image of a dining set on her phone. With a slim, elegant finger, she prods her cellphone screen to show me the picture she’s looking at. “This is one of our pieces,” she says, pointing to the picture of a 5-piece dining set. It’s one of the items produced by Molocaho by Amorette , the furniture-manufacturing firm she recently founded. “This set was handcrafted from timber which was reclaimed from old cargo boats from the Indian Ocean along Tanzania’s coastline,” says the entrepreneur earnestly.
Endelea kusoma