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Dar es Salaam Stock Exchange profit rises 164%

By , based on TanzaniaInvest

Dar es Salaam Stock Exchange profit rises 164%Illustrative image · Rafael Minguet Delgado · Pexels · Licence Pexels

The Dar es Salaam Stock Exchange increased its profit by 164% to 11.48 billion Tanzanian shillings in the first nine months of 2026. Revenue rose by 95.9% to 24.41 billion shillings, driven notably by a 180.8% increase in transaction fees, according to its financial results.

The Dar es Salaam Stock Exchange, operator of Tanzania’s financial market, increased its profit by 164% to 11.48 billion shillings (about $4.35 million) in the first nine months of 2026. Its total revenue rose by 95.9% to 24.41 billion shillings, according to unaudited consolidated financial statements published on 4 November and signed by its chief executive, Peter Nalitolela.

Earnings per share rose from 183 to 482 shillings year on year. Return on equity reached 28%, compared with 13% a year earlier, while return on assets rose from 10% to 23%.

Transaction fees were the main source of revenue, rising by 180.8% to 8.07 billion shillings. This increase accompanied a 231.4% rise in equity trading volume in the third quarter, to 824.1 billion shillings, according to TanzaniaInvest, which cited finance director Lucas Sinkala.

Total expenses rose by 58.8% to 12.37 billion shillings. Operating expenses increased by 110.7% to 5.35 billion shillings, while staff costs rose by 37.1%, according to the Dar es Salaam Stock Exchange’s accounts.

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