Capital Markets
The Dar es Salaam Stock Exchange (DSE) has evolved impressively since its establishment in 1996, and its recent demutualisation has ushered in a new phase of market development. Updated regulations, products and infrastructure are under way as exchange authorities position the DSE to attract much-needed liquidity. The listing of telecoms and mining companies – the result of new legal requirements – should help to provide a regular schedule of new investment opportunities in the medium term; however, long-term index growth will ultimately depend on the direction of the broader economy, and the impact of ongoing economic reforms. This chapter contains a viewpoint with Moremi Marwa, CEO, Dar es Salaam Stock Exchange.
