Four
banks have applied for listing on the Dar es Salaam Stock Exchange by mid next
year. According to DSE programmes and projects manager Magabe Maasa, the bourse
is looking at applications by Mbinga Bank, Yetu Microfinance Bank, Mufindi
Community Bank and Mwanza Community Bank.
The listing will bring to nine the
number of banks trading on the DSE. Data from the DSE shows that the banking
sector contributed 30 percent of the total turnover and 89 percent of the
market activity recorded over the past few weeks
Source: The
EastAfrican, reported from Dar es Salaam, Tanzania