Tanzania's DSE to list four banks by Mid 2015

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

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