The bourse had earlier on in the year 2015 demutualized by issuing 20 not fully paid up shares at a per value cost of Tshs. 400/= per share. In 2015 most of the subscribers were brokerage firms and several commercial banking institutions. There are no projections in significant operational changes of the Exchange. The Dar […]
Tanzania’s buoyant Capital Market set to be boosted by new products in the market
Introduces corporate retail bonds from Exim Banks Laying out infrastructure for derivatives trading The commodity exchange set to come alive As the investment and business sector got to a standstill in 2015, the capital markets side of the business was not an exception. Marred by a political uncertainty apprehensiveness, investors chose to jump fence and […]
HIGHLIGHTS OF THE COMMODITY EXCHANGE ACT, 2015
Understanding the Commodity Exchange Commodity exchange is regulated by the Commodity Exchange Act 2015 in Tanzania. Commodity exchange (Hereinafter “the exchange”) is a system that provides for a centralized market place where commodity producers can sell their commodities to those (buyers) that need them for manufacturing or consumption. Commodity is defined by the Act to […]
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