DAR ES SALAAM STOCK EXCHANGE Market Report Tuesday, 23 rd January, 2018

Size: px
Start display at page:

Download "DAR ES SALAAM STOCK EXCHANGE Market Report Tuesday, 23 rd January, 2018"

Transcription

1 DAR ES SALAAM STOCK EXCHANGE Market Report Tuesday, 23 rd January, 2018 DSE recorded a total turnover of TZS 29, mln from 2,222,016 shares traded in 29 deals compared to the last session which recorded a turnover of TZS 3, mln from 925,217 shares traded in 55 deals. On pre-arranged Market board, TBL counter had 2,100,000 shares traded at weighted average price of TZS 14,000 per share in 4 deals. On Government Bond Market Board, 5 years bond with 9.18% coupon rate and a total face value of TZS mln was traded at price of % in 1 deal. 7 years bond with 10.08% coupon rate and a total face value of TZS 1.00 bln was traded at prices of % in 1 deal. 10 years bonds with 11.44% coupon rate and a total face value of TZS 3.57 bln was traded at prices of % and % in 5 deals. On Corporate Bond Market Board, 3 years NMB bond with 13.00% coupon rate and a total face value of TZS 2.00 mln was traded at price of % in 1 deal. CRDB counter had 105,582 shares traded at weighted average price of TZS 185 per share in 6 deals. DSE counter had 1,910 shares traded at weighted average price of TZS 1,340 per share in 2 deals. SWISSPORT counter had 620 shares traded at weighted average price of TZS 3,500 per share in 2 deals. TBL counter had 12,064 shares traded at weighted average price of TZS 13,900 per share in 13 deals. TCCL counter 1,840 shares traded at weighted average price of TZS 1,060 per share in 2 deals. Equities Market Turnover (in million TZS) 23 Jan 18 Jan- Mar 18 Oct - Dec 17 Jan Mar 17 Total Turnover 29, , , , Turnover from shares bought by foreign investors 29, , , , %Buying Local Investors 0.21% 1.66% 1.34% 2.63% %Buying Foreign Investors 99.79% 98.34% 98.66% 97.37% Turnover from shares sold by foreign investors 29, , , , %Selling Local Investors 0.23% 9.00% 0.30% 48.87% %Selling Foreign Investors 99.77% 91.00% 99.70% 51.13% Key Equities Market Indicators: 23 Jan Dec Jan 17 Total Market Capitalisation (TZS bln) 22, , , Domestic Market Capitalisation (TZS bln) 10, , , All Shares Index (DSEI) 2, , , Tanzania Share Index (TSI) 3, , , Industrial & Allied (IA) 5, , , Banks, Finance & Investment (BI) 2, , , Commercial Services (CS) 2, , , TZS/USD (BOT Mean Rate) 2, , , TZS/KE (BOT Mean Rate) TZS/GBP (BOT Mean Rate) 3, , , E.NYALALI For: CHIEF EXECUTIVE OFFICER 1

2 Dar Es Salaam Stock Exchange Division:Equity & Fixed Income Markets 14th Floor, Golden Jubilee Towers, Ohio Street., Dar es Salaam Box 70081, Tel: Fax: Web: EQUITY DAILY PRICES DATE: 23-January-2018 Co. Opening Price Closing Price High Low Turnover Deals Oustanding Outstanding Volume Market Cap Bids Offers Billions ACA 5,960 5, , CRDB ,504, , DCB DSE 1,340 1,340 1,340 1,340 2,559, , EABL 5,210 5, , JHL 10,860 11, KA , KCB , MBP MCB MKCB MUCOBA NMB 2,750 2, , NMG 2,490 2, PAL SWALA SWIS 3,500 3,500 3,500 3,500 2,170, TBL 13,600 13,600 14,000 13,500 29,567,422, ,112,064 4, TCC 16,800 16, , TCCL 1,200 1,200 1,060 1,060 1,950, , TOL TPCC 1,460 1, TTP USL VODA ,904.00

3 Co. Opening Price Closing Price High Low Turnover Deals Oustanding Outstanding Volume Market Cap Bids Offers Billions YETU Total 29,593,606, ,222,016 22,972.47

4 DAR ES SALAAM STOCK EXCHANGE GOVERNMENT BONDS TRADE SUMMARY Value of Government Bonds Traded (in billion TZS) 23-Jan 18 Jan-March 18 Oct Dec 17 Jan-March 17 Face Value Transaction Value Value of Corporate Bonds Traded (in Million TZS) 23-Jan 18 Jan-March 18 Oct Dec 17 Jan-March 17 Face Value Transaction Value Government Bond Detailed Price Information Trade Date Bond No. Term (Years) Coupon (%) Issue Maturity Amount Date Date (Bln TZS) Deals Price YTM (%)

5

6 /11/ /11/ /11/ /11/ /11/ /11/ /11/ /11/ /11/ /11/

7

8

9

10

11

12

13

14

15

16

17 Corporate Bond Detailed Price Information Term Coupon Issue Maturity Amount Trade Date Bond No. (Years) (%) Date Date (Bln TZS) Deals Price NMB YTM (%) EXIM NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB EXIM NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB

18 NMB NMB NMB EXIM NMB NMB NMB NMB NMB NMB NMB NMB EXIM EXIM EXIM NMB NMB NMB EXIM EXIM EXIM NMB NMB NMB NMB NMB NMB NMB NMB NMB NMB EXIM EXIM NMB EXIM EXIM EXIM

19 NMB EXIM EXIM EXIM EXIM EXIM NMB EXIM EXIM EXIM EXIM EXIM EXIM EXIM EXIM EXIM

uarterly Update INSIDE THE DAR ES SALAAM STOCK EXCHANGE PLC ISSN No ISSUE No. 66 SEPTEMBER, 2015 A) Economic Trend B) Bonds New Listings

uarterly Update INSIDE THE DAR ES SALAAM STOCK EXCHANGE PLC ISSN No ISSUE No. 66 SEPTEMBER, 2015 A) Economic Trend B) Bonds New Listings Q THE DAR ES SALAAM STOCK EXCHANGE PLC uarterly Update ISSN No. 0856 8448 ISSUE No. 66 SEPTEMBER, 2015 INSIDE 1 2 3 4 5 6 7 8 CEO s Message Economic review A) Economic Trend Market Report A) Equities B)

More information

uarterly Update INSIDE THE DAR ES SALAAM STOCK EXCHANGE ISSN No ISSUE No. 63 DECEMBER, 2014 CEO s MESSAGE CEO S MESSAGE

uarterly Update INSIDE THE DAR ES SALAAM STOCK EXCHANGE ISSN No ISSUE No. 63 DECEMBER, 2014 CEO s MESSAGE CEO S MESSAGE Q THE DAR ES SALAAM STOCK EXCHANGE uarterly Update ISSN No. 856 8448 ISSUE No. 63 DECEMBER, 214 INSIDE 1 2 3 4 5 6 7 8 CEO s MESSAGE ECONOMIC REVIEW A) Economic Trend MARKET REPORT A. Equities B. Bonds

More information

uarterly Update INSIDE THE DAR ES SALAAM STOCK EXCHANGE ISSN No ISSUE No. 62 SEPTEMBER, 2014 CEO s MESSAGE CEO S MESSAGE

uarterly Update INSIDE THE DAR ES SALAAM STOCK EXCHANGE ISSN No ISSUE No. 62 SEPTEMBER, 2014 CEO s MESSAGE CEO S MESSAGE Q THE DAR ES SALAAM STOCK EXCHANGE uarterly Update ISSN No. 0856 8448 ISSUE No. 62 SEPTEMBER, 2014 INSIDE 1 2 3 4 5 6 7 8 CEO s MESSAGE ECONOMIC REVIEW A) Interest Rate Trend B) Inflation Developments

More information

1. MARKET REPORT EQUITIES. Market Capitalization & Indices

1. MARKET REPORT EQUITIES. Market Capitalization & Indices The Dar es Salam Stock Exchange ISSN No. 0856 8448 CONTENTS 1. Market Report A. Equities B. Bonds Issue No. 56 1. REPORT A. EQUITIES Market Capitalization & Indices The Market Capitalization grew by 4.01%

More information

Quarterly Update CONTENTS. The Dar es Salam Stock Exchange. 1. Market Report A. Equities B. Bonds. 2. New Listings. 3. Strategic Development Matters

Quarterly Update CONTENTS. The Dar es Salam Stock Exchange. 1. Market Report A. Equities B. Bonds. 2. New Listings. 3. Strategic Development Matters The Dar es Salam Stock Exchange Quarterly Update ISSN No. 0856 8448 Issue No. 53 September, 2012 CONTENTS 1. Market Report A. Equities B. Bonds 1. REPORT A. EQUITIES Market Capitalization & Indices Market

More information

TIB RASILIMALI DAILY MARKET UPDATE- 21/11/2017

TIB RASILIMALI DAILY MARKET UPDATE- 21/11/2017 TIB RASILIMALI DAILY MARKET UPDATE- 21/11/2017 Equities- Daily highlights- prices as of market close 20/11/2017 Company Market Cap.(6th Closing Price Daily Price Turnover in Open BIDs Best Bid Price Open

More information

TIB RASILIMALI DAILY MARKET UPDATE- 25/08/2017

TIB RASILIMALI DAILY MARKET UPDATE- 25/08/2017 TIB RASILIMALI DAILY MARKET UPDATE- 25/08/2017 Equities- Daily highlights- prices as of market close 24/08/2017 Company Market Cap.(6th Closing Price Daily Price Turnover in Open BIDs Price Open Offers

More information

TIB RASILIMALI DAILY MARKET UPDATE- 11/09/2017

TIB RASILIMALI DAILY MARKET UPDATE- 11/09/2017 TIB RASILIMALI DAILY MARKET UPDATE- 11/09/2017 Equities- Daily highlights- prices as of market close 08/09/2017 Company Market Cap.(6th Closing Price Daily Price Turnover in Open BIDs Price Open Offers

More information

TANZANIA FINANCIAL STABILITY REPORT

TANZANIA FINANCIAL STABILITY REPORT ISSN 1821-7761 C M S A TANZANIA FINANCIAL STABILITY REPORT March 2017 1 2 C M S A TANZANIA FINANCIAL STABILITY REPORT March 2017 ISSN 1821-7761 For enquiries and comments contact Directorate of Financial

More information

The Relationship of the Stock Market Prices on Exchange Rate and Market Capitalisation: the Case Dar es Salaam Stock Exchange in Tanzania

The Relationship of the Stock Market Prices on Exchange Rate and Market Capitalisation: the Case Dar es Salaam Stock Exchange in Tanzania The Relationship of the Stock Market Prices on Exchange Rate and Market Capitalisation: the Case Dar es Salaam Stock Exchange in Tanzania Iddi. Salum Haji* Wei Jianguo School of Economics, Wuhan University

More information

TANZANIA SECURITIES LIMITED EQUITY ANALYSIS COMPANY: NMB BANK PLC

TANZANIA SECURITIES LIMITED EQUITY ANALYSIS COMPANY: NMB BANK PLC TANZANIA SECURITIES LIMITED EQUITY ANALYSIS COMPANY: NMB BANK PLC October 2018 Analysts: Happy Msale Thomas Samkyi Email: happy@tim.co.tz thomas@tanzaniasecurities.co.tz 1 Tanzania Economic Growth Outlook

More information

EFFECTS OF INITIAL PUBLIC OFFERING (IPO) ON SHARE PRICE: THE CASE OF COMPANIES LISTED AT DSE

EFFECTS OF INITIAL PUBLIC OFFERING (IPO) ON SHARE PRICE: THE CASE OF COMPANIES LISTED AT DSE EFFECTS OF INITIAL PUBLIC OFFERING (IPO) ON SHARE PRICE: THE CASE OF COMPANIES LISTED AT DSE EFFECTS OF INITIAL PUBLIC OFFERING (IPO) ON SHARE PRICE: THE CASE OF COMPANIES LISTED AT DSE By Pascoe, Pulkeria

More information

ANNUAL REPORT th ANNIVERSARY

ANNUAL REPORT th ANNIVERSARY ANNUAL REPORT 2006 40th ANNIVERSARY 1966-2006 Chairman s Statement The Company had a satisfactory year in 2006. Revenue increased by 16% while net result increased by 25% to TZs 19.5 billion. While overall

More information

A GUIDE TO DOING BUSINESS IN KENYA

A GUIDE TO DOING BUSINESS IN KENYA A GUIDE TO DOING BUSINESS IN KENYA THE POWER OF BEING UNDERSTOOD AUDIT l TAX l CONSULTING CONTENTS ABOUT RSM... 6 GENERAL... 8 INTRODUCTION... 8 POPULATION AND LANGUAGE... 8 FOREIGN RELATIONS... 9 BUSINESS

More information

STANLIB UGANDA LIMITED. Uganda Monthly Markets & Economic Update

STANLIB UGANDA LIMITED. Uganda Monthly Markets & Economic Update STANLIB UGANDA LIMITED Uganda Monthly Markets & Economic Update April 2013 1 Inflation The annual Headline inflation continued to trend downwards to 3.4% from 4.0% registered in March 2013 while annual

More information

PUBLIC NOTICE WINNERS OF THE BEST PRESENTED FINANCIAL STATEMENTS AWARDS FOR THE YEAR 2013.

PUBLIC NOTICE WINNERS OF THE BEST PRESENTED FINANCIAL STATEMENTS AWARDS FOR THE YEAR 2013. PUBLIC NOTICE WINNERS OF THE BEST PRESENTED FINANCIAL STATEMENTS AWARDS FOR THE YEAR 2013. In 2004 Tanzania adopted international accounting and auditing standards. In order to encourage compliance with

More information

annualreport & Financial Statements

annualreport & Financial Statements annualreport 2016 & Financial Statements Dar es Salaam Stock Exchange Plc 3 ABBREVIATION USED IN THESE FINANCIAL STATEMENTS ARC ASEA ATS BoT CSD CMSA COSSE CRS Index DATS DRS DSE/Exchange EAC EASEA EDMS

More information

ANNUAL MARKET PERFORMANCE REVIEW 2018

ANNUAL MARKET PERFORMANCE REVIEW 2018 ANNUAL MARKET PERFORMANCE REVIEW 2018 Old Reserve Bank Building, Victoria Avenue P/Bag 270 Blantyre Malawi Telephone: (265) 01 824 233; Fax: (265) 01 823 636 E-mail: info@mse-mw.com Website: www.mse.co.mw

More information

SWALA OIL & GAS (TANZANIA) PLC INVESTMENT IN PAE PANAFRICAN ENERGY CORPORATION

SWALA OIL & GAS (TANZANIA) PLC INVESTMENT IN PAE PANAFRICAN ENERGY CORPORATION SWALA OIL & GAS (TANZANIA) PLC INVESTMENT IN PAE PANAFRICAN ENERGY CORPORATION Disclaimer This presentation contains forward -looking statements that are subject to risk factors associated with oil, gas

More information

Deodatus M. Sylvester.

Deodatus M. Sylvester. THE RELATIONS BETWEEN DIVIDEND POLICY AND STOCK RETURNS IN THE DAR ES SALAAM STOCK EXCHANGE, TANZANIA Deodatus M. Sylvester. A research report submitted to the Faculty of Commerce, Law and Management,

More information

Annual General Meeting

Annual General Meeting Annual General Meeting 31 st January 2018 Disclaimer This presentation contains forward -looking statements that are subject to risk factors associated with oil, gas and related businesses. It is believed

More information

GDP Growth Main Drivers

GDP Growth Main Drivers ECONOMIC ANALYSIS: UPBEAT SENTIMENT AS THE ECONOMY CONTINUES TO STRENGTHEN By Fredrick Mbuya, FX Trading Desk Tanzania continues to maintain its positive trend as one of the fastest growing economy in

More information

annual report and financial statements

annual report and financial statements annual report and financial statements ABBREVIATION USED IN THESE FINANCIAL STATEMENTS ABG ASEA ATS BoT CSD CMSA COSSE CRS Index DRS DSE/Exchange EAC EASEA EDMS EGM FSDT GDP IPO ISIN KQ LUSE MoF NBS NDC

More information

CRDB Bank Plc Investor Briefing As at 31 st December, 2013

CRDB Bank Plc Investor Briefing As at 31 st December, 2013 CRDB Bank Plc Investor Briefing As at 31 st December, 2013 Outline About Us Summary of Financial Performance Investment Ratios Financial Performance Trend CRDB Custodial Services Shareholding structure

More information

Common stock prices 1. New York Stock Exchange indexes (Dec. 31,1965=50)2. Transportation. Utility 3. Finance

Common stock prices 1. New York Stock Exchange indexes (Dec. 31,1965=50)2. Transportation. Utility 3. Finance Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 000 97 98 99 I90 9 9 9 9 9 9 97 98 99 970 97 97 ""..".'..'.."... 97 97 97 97 977 978 979 980 98 98 98 98 98 98 987 988

More information

Mutual Funds View Point Stability Rating

Mutual Funds View Point Stability Rating Mutual Funds View Point Stability Rating Table of Contents Assets Under Management Share Number of Funds MTBs and PIBs Money Review October 2018 Category AUs Number of funds share Stock Performance Deposits

More information

STOCK MARKET EFFICIENCY IN FRONTIER CAPITAL MARKETS: TESTING WEAK FORM EFFICIENCY OF THE DAR ES SALAAM STOCK EXCHANGE

STOCK MARKET EFFICIENCY IN FRONTIER CAPITAL MARKETS: TESTING WEAK FORM EFFICIENCY OF THE DAR ES SALAAM STOCK EXCHANGE STOCK MARKET EFFICIENCY IN FRONTIER CAPITAL MARKETS: TESTING WEAK FORM EFFICIENCY OF THE DAR ES SALAAM STOCK EXCHANGE JANUARY RAYMOND LUTINAH KAYUMBE A DISSERTATION SUBMITTED IN PARTIAL FULFILMENT OF REQUIREMENTS

More information

MONTHLY MARKET REPORT FEBRUARY 2017

MONTHLY MARKET REPORT FEBRUARY 2017 MONTHLY MARKET REPORT FEBRUARY 2017 Old Reserve Bank Building, Victoria Avenue P/Bag 270 Blantyre Malawi Telephone: (265) 01 824 233; Fax: (265) 01 823 636 E-mail: info@mse-mw.com Website: www.mse.co.mw

More information

UTT Asset Management and Investor Services Ltd. UTT AMIS News Bulletin [Containing updates up to 30 th JUNE, 2015]

UTT Asset Management and Investor Services Ltd. UTT AMIS News Bulletin [Containing updates up to 30 th JUNE, 2015] UTT Asset Management and Investor Services Ltd UTT AMIS News Bulletin [Containing updates up to 30 th JUNE, 2015] 1 1.0 UTT Asset Management & Investor Services Summary Currently manage five (5) collective

More information

Development of Economy and Financial Markets of Kazakhstan

Development of Economy and Financial Markets of Kazakhstan Development of Economy and Financial Markets of Kazakhstan National Bank of Kazakhstan Macroeconomic development GDP, real growth, % 116 112 18 14 1 113,5 11,7 216,7223,8226,5 19,8 19,8 19,3 19,619,7 199,

More information

*Transcending Business Confidence PROVISIONAL AUDITAX TAX GUIDE 2016 /

*Transcending Business Confidence PROVISIONAL AUDITAX TAX GUIDE 2016 / *Transcending Business Confidence PROVISIONAL AUDITAX TAX GUIDE 2016 / 2017 www.auditaxinternational.com DIRECT TAXES Payroll Taxes Pay As You Earn (PAYE) Monthly Taxable Income Tax Rate Up to TZS. 170,000

More information

THE IMPACT OF FINANCIAL SECTOR IN THE ECONOMIC GROWTH OF TANZANIA. Bwigane Hessron Mwakalobo

THE IMPACT OF FINANCIAL SECTOR IN THE ECONOMIC GROWTH OF TANZANIA. Bwigane Hessron Mwakalobo THE IMPACT OF FINANCIAL SECTOR IN THE ECONOMIC GROWTH OF TANZANIA By Bwigane Hessron Mwakalobo THESIS Submitted to KDI School of Public Policy and Management in partial fulfillment of the requirements

More information

TCCIA INVESTMENT PLC

TCCIA INVESTMENT PLC DRAFT Application under the Capital Markert and Securities (Prospectus Requirements) Regulations 1997 TCCIA INVESTMENT PLC PROSPECTUS For an Initial Public Offer by the TCCIA Investment Public Limited

More information

MONTHLY MARKET REPORT OCTOBER 2016

MONTHLY MARKET REPORT OCTOBER 2016 MONTHLY MARKET REPORT OCTOBER 2016 Old Reserve Bank Building, Victoria Avenue P/Bag 270 Blantyre Malawi Telephone: (265) 01 824 233; Fax: (265) 01 823 636 E-mail: info@mse-mw.com Website: www.mse.co.mw

More information

MONTHLY ECONOMIC REVIEW

MONTHLY ECONOMIC REVIEW April 218 a BANK OF TANZANIA MONTHLY ECONOMIC REVIEW April 218 b April 218 April 218 i Contents 1. Inflation and Food Stocks... 1 1.1 Inflation Developments... 1 1.2 Food Stocks... 2 1.3 Prices of Food

More information

ISSUANCE OF BONDS. Application Form SECTION A - GENERAL INFORMATION

ISSUANCE OF BONDS. Application Form SECTION A - GENERAL INFORMATION ISSUANCE OF BONDS Application Fm The Jubilee Insurance Company of Tanzania Limited Head Office: Amani Place, Ohio Street, 6th flo P.O. Box 20524, Dar es Salaam Tel: +255 22 2135121 4 Fax: +255 22 2135116

More information

Project Agreement CONFORMED COPY CREDIT NUMBER 4191-TA. (Financial Sector Support Project) between INTERNATIONAL DEVELOPMENT ASSOCIATION.

Project Agreement CONFORMED COPY CREDIT NUMBER 4191-TA. (Financial Sector Support Project) between INTERNATIONAL DEVELOPMENT ASSOCIATION. Public Disclosure Authorized CONFORMED COPY CREDIT NUMBER 4191-TA Public Disclosure Authorized Project Agreement (Financial Sector Support Project) between Public Disclosure Authorized INTERNATIONAL DEVELOPMENT

More information

MONTHLY ECONOMIC REVIEW

MONTHLY ECONOMIC REVIEW October 218 a BANK OF TANZANIA MONTHLY ECONOMIC REVIEW October 218 b October 218 October 218 i Contents 1. Inflation and Food Stocks... 1 1.1 Inflation Developments... 1 1.2 Food Stocks... 1 1.3 Prices

More information

The Determinants of Emerging Financial Markets Development: A Case Study of the Dar es Salaam Stock Exchange, Tanzania

The Determinants of Emerging Financial Markets Development: A Case Study of the Dar es Salaam Stock Exchange, Tanzania The Determinants of Emerging Financial Markets Development: A Case Study of the Dar es Salaam Stock Exchange, Tanzania Benedicta K. Kamazima 1* John Kebaso Omurwa 2 1. Graduate Business School, The Catholic

More information

Twenty years (20) of growth ( ) Our Success Story in Agribusiness Financing

Twenty years (20) of growth ( ) Our Success Story in Agribusiness Financing Twenty years (20) of growth (1996-2016) Our Success Story in Agribusiness Financing Presented by: Ngenzi Sylivester Corporate Agribusiness Unit CRDB Bank Plc, Head Office Dar es Salaam 1 OUR ACHIEVEMENTS

More information

Financial Stability Report - September financial stability report

Financial Stability Report - September financial stability report financial stability report September 215 1 2 FINANCIAL STABILITY REPORT September 215 ISSN 1821-7761 For any enquiries and comments contact Directorate of Financial Stability Bank of Tanzania 2 Mirambo

More information

Application under the. Capital Markets and Securities (Prospectus Requirements) (Amendment) Regulations and the

Application under the. Capital Markets and Securities (Prospectus Requirements) (Amendment) Regulations and the Application under the Capital Markets and Securities (Prospectus Requirements) (Amendment) Regulations 2010 and the Capital Markets and Securities (Nominated Advisors) Regulations 2010 for The 50,000,000

More information

Weekly Statistical Bulletin

Weekly Statistical Bulletin 1 / Central Bank of Kenya Statistical Bulletin Weekly Statistical Bulletin Key Monetary and Financial Indicators January May 11, 2018 22, 2018 Interbank Market Activity in the interbank market increased

More information

VIETNAM BOND MARKET REPORT

VIETNAM BOND MARKET REPORT VIETNAM BOND MARKET ASSOCIATION On the 26th of, The State Treasury issued the Letter No. 701/KBNN- QLNQ on the Plan for bond issuance for 2018. According to the announcement, the total expected issuance

More information

QUESTION 2. QUESTION 3 Which one of the following is most indicative of a flexible short-term financial policy?

QUESTION 2. QUESTION 3 Which one of the following is most indicative of a flexible short-term financial policy? QUESTION 1 Compute the cash cycle based on the following information: Average Collection Period = 47 Accounts Payable Period = 40 Average Age of Inventory = 55 QUESTION 2 Jan 41,700 July 39,182 Feb 18,921

More information

Must be postmarked not later than. Jan January 1 - January 31. Feb February 1 - February 28. Mar March 1 - March 31

Must be postmarked not later than. Jan January 1 - January 31. Feb February 1 - February 28. Mar March 1 - March 31 Etna Newark JEDZ South Income Office Payroll Withholding Payroll Withholding Filed Period not later than Pay Period Jan 02-15-18 January 1 - January 31 Feb 03-15-18 February 1 - February 28 Mar 04-17-18

More information

Tanzania Tax Data 2013/2014

Tanzania Tax Data 2013/2014 Tanzania tax datacard 2013/2014 Income tax - Corporations Corporation rate Capital deductions Resident corporation 30 Non-resident corporation* 30 Newly listed companies - reduced rate for 3 years** 25

More information

STANLIB UGANDA LIMITED QUARTER Economic Update

STANLIB UGANDA LIMITED QUARTER Economic Update STANLIB UGANDA LIMITED QUARTER 1 2013 Economic Update Issue Date: 15 th April 2013 1 GDP Having come off a low base in the FY 2011/13, increasing economic activity, improved revenue collections, transparent

More information

MONTHLY MARKET REPORT NOVEMBER 2017

MONTHLY MARKET REPORT NOVEMBER 2017 MONTHLY MARKET REPORT NOVEMBER 2017 Old Reserve Bank Building, Victoria Avenue P/Bag 270 Blantyre Malawi Telephone: (265) 01 824 233; Fax: (265) 01 823 636 E-mail: info@mse-mw.com Website: www.mse.co.mw

More information

TANZANIAN GOVERNMENT BUDGET KEY HIGHLIGHTS 2017/2018

TANZANIAN GOVERNMENT BUDGET KEY HIGHLIGHTS 2017/2018 TANZANIAN GOVERNMENT BUDGET KEY HIGHLIGHTS 2017/2018 CONTENTS PAGE SUMMARY...2 RECAP 2016.3 BUDGET AT A GLANCE.. 4 INCOME TAX.....5 VALUE ADDED TAX (VAT)....6 THE EXCISE DUTY....6 THE ROAD TRAFFIC ACT...7

More information

Exceptional Services to women through Special teller No monthly charges and Zero maintainance balance for Students

Exceptional Services to women through Special teller No monthly charges and Zero maintainance balance for Students Earn big and Halal profit from permissible investiments Exceptional Services to women through Special teller No monthly charges and Zero maintainance balance for Students Zero maintainance fee for Parents

More information

Government Bond Market Development in Myanmar

Government Bond Market Development in Myanmar Government Bond Market Development in Myanmar Daw Si Si Pyone Deputy Director General Treasury Department 11-8-2017 Ministry of Planning and Finance 1 Outlines I. Key Milestones in Development of Treasury

More information

MISSION, VISION & VALUES

MISSION, VISION & VALUES A Record Performance ANNUAL REPORT FINANCIAL STATEMENT 2014 MISSION, VISION & VALUES VISION To be a sustainable securities exchange that is an engine of economic growth for Tanzania MISSION To provide

More information

The Africa Weekly THE AFRICA WEEKLY. Equity Research Pan-Africa News & Analysis. Equity Research I Pan-Africa I Weekly Market Indicators

The Africa Weekly THE AFRICA WEEKLY. Equity Research Pan-Africa News & Analysis. Equity Research I Pan-Africa I Weekly Market Indicators The Africa Weekly Equity Research Pan-Africa News & Analysis African Alliance Securities is a leading African institutional-focused securities firm, and is able to transact for clients in 18 markets across

More information

Market Report. December (Full Year)

Market Report. December (Full Year) Market Report December - (Full Year) GSE STOCK INDICES/CAPITALIZATION DEC YTD CHANGE DEC YTD CHANGE GSE COMPOSITE INDEX (GSE-CI) 1,994.91-11.77% 2,261.02 5.40% GSE FINANCIAL STOCK INDEX (GSE-FSI) 1,930.06-13.98%

More information

ANNUAL MARKET PERFORMANCE REVIEW

ANNUAL MARKET PERFORMANCE REVIEW ANNUAL MARKET PERFORMANCE REVIEW 2013 MALAWI STOCK EXCHANGE OLD RESERVE BANK BUILDING, VICTORIA AVENUE PRIVATE BAG 270 BLANTYRE TEL. (265) 01 824 233 FAX. (265) 01 823 636 E-mail. mse@mse-mw.com WEBSITE.

More information

TABLE A GOVERNMENT BOND SINKING FUND STATEMENT OF RECEIPTS IN THE BALANCE SHEET

TABLE A GOVERNMENT BOND SINKING FUND STATEMENT OF RECEIPTS IN THE BALANCE SHEET TABLE A GOVERNMENT BOND SINKING FUND STATEMENT OF RECEIPTS IN THE BALANCE SHEET Source Date of budgeting Balance sheet value Balance sheet Date of transfer (reason) ( Italian format ) (in Italian lire)

More information

CALENDAR OF IMPORTANT MONETARY AND ECONOMIC POLICY EVENTS

CALENDAR OF IMPORTANT MONETARY AND ECONOMIC POLICY EVENTS CALENDAR OF IMPORTANT MONETARY AND ECONOMIC POLICY EVENTS 1995 Jan: Effective January 2, the Statutory Minimum Reserve (SMR) Requirement was increased from 12.0 percent to 15.0 percent for all deposit

More information

APPENDIX 3A DETAILED TARIFF CALCULATIONS FOR YEAR 2015 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER

APPENDIX 3A DETAILED TARIFF CALCULATIONS FOR YEAR 2015 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER APPENDIX 3A DETAILED TARIFF CALCULATIONS FOR YEAR 2015 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER STANDARDIZED SMALL POWER PURCHASE AGREEMENTS JANUARY 2015 This is one of five documents

More information

-THE DETERMINANTS OF CAPITAL MARKET DEVELOPMENT IN TANZANIA: THE CASE STUDY OF DAR ES SALAAM STOCK EXCHANGE

-THE DETERMINANTS OF CAPITAL MARKET DEVELOPMENT IN TANZANIA: THE CASE STUDY OF DAR ES SALAAM STOCK EXCHANGE -THE DETERMINANTS OF CAPITAL MARKET DEVELOPMENT IN TANZANIA: THE CASE STUDY OF DAR ES SALAAM STOCK EXCHANGE PENFORD HASHIM MSANGI A DISSERTATION SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR

More information

January 27, 2012 THE CBK WEEKLY BULLETIN

January 27, 2012 THE CBK WEEKLY BULLETIN January 27, 2012 Highlights for the Week THE CBK WEEKLY BULLETIN The money market liquidity was tight during the week ending January 25, 2012. The Central Bank mopped Ksh 0.6 billion in the repo market

More information

VIETNAM BOND MARKET REPORT

VIETNAM BOND MARKET REPORT VIETNAM BOND MARKET ASSOCIATION On the 17th of, The State Treasury issued the Letter No. 565/KBNN-QLNQ on the Plan for Government bond issuance in 2017. According to the Letter, the total expected issuance

More information

Tanzania Banking Sector Performance Review

Tanzania Banking Sector Performance Review Tanzania Banking Sector Performance Review Year Ended 31 December 2009 20 May 2010 E 1 Foreword 2009 Tanzania Banking Sector Review is the third issue in the progression of Annual Performance Reports published

More information

Newark Income Tax Office Payroll Withholding

Newark Income Tax Office Payroll Withholding Newark Income Tax Office Payroll Withholding Filed Period not later than Pay Period Jan 02-15-17 January 1 - January 31 Feb 03-15-17 February 1 - February 28 Mar 04-18-17 March 1 - March 31 Apr 05-15-17

More information

PRESS RELEASE NOVEMBER 2009

PRESS RELEASE NOVEMBER 2009 PRESS RELEASE 13 January 21 EURO AREA SECURITIES ISSUES STATISTICS: NOVEMBER 29 The annual growth rate of the outstanding amount of debt securities issued by euro area residents decreased from 11.% in

More information

Banking and Financial Institutions (Prompt Corrective Action) ARRANGEMENT OF REGULATIONS PART I PRELIMINARY PROVISIONS PART II CORRECTIVE ACTIONS

Banking and Financial Institutions (Prompt Corrective Action) ARRANGEMENT OF REGULATIONS PART I PRELIMINARY PROVISIONS PART II CORRECTIVE ACTIONS GOVERNMENT NOTICE No. 372 published on 12/12/2008 THE BANKING AND FINANCIAL INSTITUTIONS (PROMPT CORRECTIVE ACTION) REGULATIONS, 2008 ARRANGEMENT OF REGULATIONS Regulation Title PART I PRELIMINARY PROVISIONS

More information

DETAILED TARIFF CALCULATIONS FOR YEAR 2013 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER STANDARDIZED SMALL POWER PURCHASE AGREEMENTS

DETAILED TARIFF CALCULATIONS FOR YEAR 2013 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER STANDARDIZED SMALL POWER PURCHASE AGREEMENTS DETAILED TARIFF CALCULATIONS FOR YEAR 2013 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER STANDARDIZED SMALL POWER PURCHASE AGREEMENTS JUNE 2013 This is one of five documents that guide

More information

Employers Compliance with the Health Insurance Act ANNUAL REPORT. Bermuda. Health Council

Employers Compliance with the Health Insurance Act ANNUAL REPORT. Bermuda. Health Council Employers Compliance with the Health Insurance Act 1970 2016 ANNUAL REPORT Bermuda ea Health Council Employers Compliance with the Health Insurance Act 1970 2016 Annual Report Contact us: If you would

More information

DETAILED TARIFF CALCULATIONS FOR YEAR 2012 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER STANDARDIZED SMALL POWER PURCHASE AGREEMENTS

DETAILED TARIFF CALCULATIONS FOR YEAR 2012 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER STANDARDIZED SMALL POWER PURCHASE AGREEMENTS DETAILED TARIFF CALCULATIONS FOR YEAR 2012 FOR THE SALE OF ELECTRICITY TO THE MAIN GRID IN TANZANIA UNDER STANDARDIZED SMALL POWER PURCHASE AGREEMENTS FEBRUARY 2012 This is one of five documents that guide

More information

BANK OF UGANDA MONTHLY ECONOMIC REVIEW

BANK OF UGANDA MONTHLY ECONOMIC REVIEW BANK OF UGANDA MONTHLY ECONOMIC REVIEW JANUARY 2010 MONTHLY REPORT ON ECONOMIC AND MONETARY DEVELOPMENTS AS AT December 30, 2009 RESEARCH DEPARTMENT BANK OF UGANDA ii TABLE OF CONTENTS TABLE OF CONTENTS.i

More information

EC ONO MI C BU LLE TIN

EC ONO MI C BU LLE TIN BANK OF TANZANIA EC ONO MI C BU LLE TIN FOR THE QUARTER ENDING ECONOMIC SEPTEMBER BULLETIN 2018 VOL. L NO. 3 FOR THE QUARTER ENDING SEPTEMBER 2018 VOL. L NO. 3 For any inquiry please contact: Director

More information

THE BANK OF TANZANIA CENTRAL DEPOSITORY SYSTEM OPERATIONAL GUIDELINES 2015 BANK OF TANZANIA

THE BANK OF TANZANIA CENTRAL DEPOSITORY SYSTEM OPERATIONAL GUIDELINES 2015 BANK OF TANZANIA THE BANK OF TANZANIA CENTRAL DEPOSITORY SYSTEM OPERATIONAL GUIDELINES 2015 BANK OF TANZANIA Consultation Comments or queries with regard to the content of this document should be addressed to the Manager

More information

Managing Director. Ian Ferrao

Managing Director. Ian Ferrao Vodacom Tanzania Public Limited Company Consolidated interim results for the six months ended 30 September Managing Director Ian Ferrao has been momentous for Vodacom Tanzania. In recent months, we completed

More information

EC ONO MI C BU LLE TIN

EC ONO MI C BU LLE TIN BANK OF TANZANIA EC ONO MI C BU LLE TIN FOR THE QUARTER ENDING ECONOMIC JUNE 2018 BULLETIN VOL. L NO. 2 FOR THE QUARTER ENDING JUNE 2018 VOL. L NO. 2 For any inquiry please contact: Director of Economic

More information

Kazakhstan Stock Exchange - leading trading platform in Central Asia. Almaty September 2016

Kazakhstan Stock Exchange - leading trading platform in Central Asia. Almaty September 2016 Kazakhstan Stock Exchange - leading trading platform in Central Asia Almaty September 2016 1 Securities Market Infrastructure Kazakhstan Stock Exchange 50.1% - NBK 49.9% - other Central Depository 55.0%

More information

The Africa Weekly. Equity Research Pan-Africa News & Analysis

The Africa Weekly. Equity Research Pan-Africa News & Analysis The Africa Weekly Equity Research Pan-Africa News & Analysis African Alliance Securities is a leading African institutional-focused securities firm, and is able to transact for clients in 18 markets across

More information

APPLICATION TO OPEN A CDS SECURITIES ACCOUNT (To be submitted in duplicate and delivered to the Manager Domestic Markets)

APPLICATION TO OPEN A CDS SECURITIES ACCOUNT (To be submitted in duplicate and delivered to the Manager Domestic Markets) FORM ID: CDS/FORM/02A APPLICATION TO OPEN A CDS SECURITIES ACCOUNT (To be submitted in duplicate and delivered to the Manager Domestic Markets) Manager Domestic Markets Bank of Tanzania P.O. Box 2939 Date:..

More information

What Does IFC Look for In Housing Investments?

What Does IFC Look for In Housing Investments? What Does IFC Look for In Housing Investments? African Union of Housing Finance Dar Es Salaam, Tanzania 8 October, 2012 W. Britt Gwinner Program Manager Housing Finance CONTENTS A. Where and why does IFC

More information

THE INCOME TAX ACT, CAP.332 PRACTICE NOTE INCOME FROM INVESTMENT

THE INCOME TAX ACT, CAP.332 PRACTICE NOTE INCOME FROM INVESTMENT ISO 9001:2008 CERTIFIED THE INCOME TAX ACT, CAP.332 PRACTICE NOTE INCOME FROM INVESTMENT PRACTICE NOTE NO. 06/2013. DATE OF ISSUE 1 st NOVEMBER, 2013 1 Permanent Note No. 06. /2013. Income from Investment

More information

LICENCE APPLICATION FORM PETROLEUM WHOLESALE BUSINESS

LICENCE APPLICATION FORM PETROLEUM WHOLESALE BUSINESS 7 TH Floor, LAPF Pension Fund Tower, Opposite Makumbusho Village, Kijitonyama P O Box 72175, Dar es Salaam, Tanzania Tel: +255-22 2923513-18; Fax: +255-22 2923519 Email: info@ewura.go.tz Website: http.//www.ewura.go.tz

More information

SECOND QUARTER MARKET REPORT APRIL JUNE 2018

SECOND QUARTER MARKET REPORT APRIL JUNE 2018 SECOND QUARTER MARKET REPORT APRIL JUNE 2018 Old Reserve Bank Building, Victoria Avenue P/Bag 270 Blantyre Malawi Telephone: (265) 01 824 233; Fax: (265) 01 823 636 E-mail: info@mse-mw.com Website: www.mse.co.mw

More information

THE CBK WEEKLY BULLETIN

THE CBK WEEKLY BULLETIN December 30, 20 THE CBK WEEKLY BULLETIN Highlights for the Week Overall 12-month inflation eased from 19.7 percent in November 20 to 18.9 percent in December 20, while annual average inflation rose from

More information

VIETNAM BOND MARKET REPORT

VIETNAM BOND MARKET REPORT VIETNAM BOND MARKET ASSOCIATION VIETNAM BOND MARKET REPORT February 2015 In February, the State Treasury raised VND22,974 billion out of the VND25,000 billion offered. The offering/winning ratio reached

More information

M/S. K.A. Pandit. Consultants and Actuaries. Background. Volatility in the Interest Rate - March Changes. Comments.

M/S. K.A. Pandit. Consultants and Actuaries. Background. Volatility in the Interest Rate - March Changes. Comments. M/S. K.A. Pandit Consultants and Actuaries For private circulation only 02-04-2018 Topic to be covered: Volatility in the Interest Rate - March 2018 Contents: Background Changes Comments Contact Us We

More information

MONTHLY MARKET REPORT AUGUST 2017

MONTHLY MARKET REPORT AUGUST 2017 MONTHLY MARKET REPORT AUGUST 2017 Old Reserve Bank Building, Victoria Avenue P/Bag 270 Blantyre Malawi Telephone: (265) 01 824 233; Fax: (265) 01 823 636 E-mail: info@mse-mw.com Website: www.mse.co.mw

More information

Chapter Thirteen In class practice

Chapter Thirteen In class practice Problem 13.1 Chapter Thirteen In class practice Uzi Company received a charter granting the right to issue 200,000 shares of $1 par value common stock and 10,000 shares of 8% cumulative and nonparticipating,

More information

European Microfinance Platform Panel: Scaling Up African MFIs

European Microfinance Platform Panel: Scaling Up African MFIs European Microfinance Platform Panel: Scaling Up African MFIs Scaling Up African MFIs What does Verdant Capital Do? Pan African Investment Bank Focused on inclusive financial institutions (MFIs, fintech,

More information

BMCE Capital Research

BMCE Capital Research Morocco BMCE Capital Research Exchange rates, as of Friday, April 22 nd, 2016 Currency Exchange rates USD EUR 1 MAD 0.10308 0.09184 1 TND 0.49316 0.43936 1 XOF 0.00171 0.00152 1 EGP 0.11259 0.10031 1 TZS

More information

Pay or Play Penalties Look-back Measurement Method Examples

Pay or Play Penalties Look-back Measurement Method Examples Brought to you by Sullivan Benefits Pay or Play Penalties Look-back Measurement Method Examples The Affordable Care Act (ACA) imposes a penalty on applicable large employers (ALEs) that do not offer health

More information

6.1 Government of Pakistan Treasury Bills

6.1 Government of Pakistan Treasury Bills 6.1 Government of Pakistan Treasury Bills PERIODS (Million Rupees) 3 Months Treasury Bills 6 Months Treasury Bills Discount Discount Outstanding Discount Issue Allowed Discharged Paid Balance Issue Allowed

More information

VIETNAM BOND MARKET REPORT DECEMBER 2016

VIETNAM BOND MARKET REPORT DECEMBER 2016 VIETNAM BOND MARKET ASSOCIATION VIETNAM BOND MARKET REPORT DECEMBER 2016 In, there were 2 government bond auctions in the primary market which helped the State Treasury raise VN3,956 billion out of the

More information

INVESTING FBN NIGERIA SMART BETA EQUITY FUND

INVESTING FBN NIGERIA SMART BETA EQUITY FUND INVESTING FBN NIGERIA SMART BETA EQUITY FUND Unlock opportunity. Create wealth. A MUTUAL FUND EXPLAINED A mutual fund is an investment solution that allows individuals to invest in different asset classes

More information

DAR ES SALAAM WATER SUPPLY AND SEWERAGE AUTHORITY ( DAWASA

DAR ES SALAAM WATER SUPPLY AND SEWERAGE AUTHORITY ( DAWASA In the matter of an Application by the DAR ES SALAAM WATER SUPPLY AND SEWERAGE AUTHORITY ( DAWASA ) For a Tariff Adjustment, Submitted on 11 th March 2009 Order No. 09-008 1.0 BACKGROUND On 11 th March,

More information

NOTICE OF ANNUAL GENERAL METING. Swala Oil & Gas (Tanzania) plc Company Number

NOTICE OF ANNUAL GENERAL METING. Swala Oil & Gas (Tanzania) plc Company Number NOTICE OF ANNUAL GENERAL MEETING Swala Oil & Gas (Tanzania) plc Company Number 115280066 Annual General Meeting to be held at the Julius Nyerere International Conference Centre on the 31st January 2018

More information

EXECUTIVE SUMMARY. The company has two classes of shares: ordinary shares and preference shares. Currently, only the ordinary shares have been issued.

EXECUTIVE SUMMARY. The company has two classes of shares: ordinary shares and preference shares. Currently, only the ordinary shares have been issued. EXECUTIVE SUMMARY Introduction and background to the offer YETU Microfinance PLC (hereinafter referred to as YETU ) is a company limited by shares. It was incorporated in the United Republic of Tanzania,

More information

Fixed Income Weekly 19-Dec-2018

Fixed Income Weekly 19-Dec-2018 9-Dec8 Top Traded Fixed Income Securities Corporate Yield Curve Highlights Ntl Rs.M Value Rs.M % TMT.8% SCT R+.% // SBM.7% 8//8 % % % MCB R+.% // 9% % % % 9% 7% 8%.% 8/9/ Foreign Local Share of Debt TMT

More information

Financial & Business Highlights For the Year Ended June 30, 2017

Financial & Business Highlights For the Year Ended June 30, 2017 Financial & Business Highlights For the Year Ended June, 17 17 16 15 14 13 12 Profit and Loss Account Operating Revenue 858 590 648 415 172 174 Investment gains net 5 162 909 825 322 516 Other 262 146

More information

3. (Expiration Dates) Jan cycle Feb cycle March cycle

3. (Expiration Dates) Jan cycle Feb cycle March cycle CHAPTER 2: Derivatives Markets. END-OF-CHAPTER QUESTIONS AND PROBLEMS 1. (Option Price Quotations) The option is on AT&T stock. It expires in January. If it is an exchange-listed option, it expires the

More information

BANK HANDLOWY W WARSZAWIE S.A. Consolidated cumulative results after 1Q Warsaw, 9 th May 2007

BANK HANDLOWY W WARSZAWIE S.A. Consolidated cumulative results after 1Q Warsaw, 9 th May 2007 BANK HANDLOWY W WARSZAWIE S.A. Consolidated cumulative results after 1Q 2007 Warsaw, 9 th May 2007 Significant increase of recurring net income Q107 vs Q106 Upward trend in the last four quarters Income

More information

PRESS RELEASE. Securities issued by Hungarian residents and breakdown by holding sectors. April 2016

PRESS RELEASE. Securities issued by Hungarian residents and breakdown by holding sectors. April 2016 10 June 2016 PRESS RELEASE Securities issued by Hungarian residents and breakdown by holding sectors April 2016 According to securities statistics data, the amount outstanding of equity securities and

More information