News

Two Years of Dr. Samia in Office Marks Remarkable Strides in the Capital Market Frontiers

Her Excellency Dr. Samia Suluhu Hassan, President of the United Republic of Tanzania has set legacy of exemplary performance in the capital market frontiers in her two years period in the office. Commenting on the significant performance attained, the Chief Executive Officer of the Capital Markets and Securities Authority (CMSA), Nicodemus Mkama highlights that, the notable achievements were a result of conducive policy, regulatory and operational environment provided and supported by the Sixth Phase Government under the noble leadership of Her Excellency Dr. Samia. Mr. Mkama also highlighted that, economic diplomacy and international relations being pursued by Her Excellency Samia have attracted more participation of local and foreign investors in Tanzanian capital markets, thus resulting into the following key achievements: • Total value of investment in the capital markets increased by 18.3 percent to reach TZS 35.3 trillion as at 28th February 2023 from TZS 29.9 trillion as at 28th February 2021; • Combined trading turnover of equities and bonds increased by 40.1 percent to TZS 6.4 trillion from TZS 4.6 trillion recorded in the corresponding previous period; • The trading turnover of Bonds also increased by 83.2 percent to TZS 6.1 trillion from TZS 3.4 trillion recorded in the corresponding previous period; and • Net Asset Value of Collective Investment Schemes increased by 155.28 percent to TZS 1.42 trillion from TZS 557.28 billion recorded in the corresponding previous period. Read More

Posted On: Mar 20, 2023

APPLICATION FOR SECURITIES INDUSTRY CERTIFICATION COURSE (SICC) 2023 IS NOW OPEN

Pursuant to Section 32 of the CMS Act, a person intending to work as a Dealer; a Dealers Representative, an Investment Adviser; an Investment Adviser’s Representative; Nominated Advisors Representative (NARs) or any other market intermediary, must have CMSA’s Certification. In its endevour to develop and strengthen capital markets in Tanzania, the CMSA in collaboration with the Chartered Institute for Securities and Investment (CISI), UK will conduct the Securities Industry Certification Course (SICC) from 17th April to 31st May 2023. Read More

Posted On: Jan 30, 2023

LAUNCHING OF THE CAPITAL MARKETS UNIVERSITIES AND HIGHER LEARNING INSTITUTIONS CHALLENGE FOR YEAR 2022/23

The Capital Markets and Securities Authority (CMSA) conducts Capital Markets Universities and Higher Learning Institutions Challenge (CMUHLIC), a competition that is open to students in universities and other higher learning institutions in Tanzania. The primary objective of the challenge which is open to students in universities and other higher learning institutions in the United Republic of Tanzania is to increase financial inclusion and capital markets awareness to students in higher learning institutions by testing their knowledge and understanding on issues related to capital markets. It also tests their ability to apply their knowledge of capital markets to real life situations. CMSA launched the University Challenge for year 2022/23 on 7th December 2022 and will run until 31st March 2023 to inculcate financial and capital markets literacy amongst students in universities and other higher learning institutions, through quiz and essay competition. The experience from the past year’s participation since the challenge was launched in 2016 has registered increased interest and awareness of capital markets to the students in universities and higher learning institutions. Furthermore the top winners of the competition have demonstrated notable competence in aspects of capital markets, self-confidence and exposure that has enabled them secure employment opportunities in different institutions including top consulting and advisory firms who are also active stakeholders in the capital markets industry. Read More

Posted On: Dec 22, 2022

REQUEST FOR COMMENTS ON DRAFT CAPITAL MARKETS AND SECURITIES (CROWDFUNDING) GUIDELINES, 2022

CMSA and other financial sector regulators have participated in the development of the draft Guidelines taking into account International Standards for securities markets regulation as set out by the International Organization for Securities Commissions (IOSCO), the East African Securities Regulatory Authorities (EASRA); and in line with industry frameworks of Africa Crowdfunding Association (ACfA) and other relevant bodies. Regulation of crowdfunding operations are expected to reduce market risks and build investors’, market players’ confidence and contribute to the development of the industry. As among the key stakeholders in the development and regulation of capital markets, we request you to review the draft Guidelines and avail us your written comments. Read More

Posted On: Oct 20, 2022

PRESS RELEASE LAUNCHING OF THE WORLD INVESTOR WEEK 2022

The CMSA and the International Organization of Securities Commissions (IOSCO), the Global Standard Setter for capital markets are collaborating with other capital market regulators worldwide in participating in a World Investor Week (WIW) from 3rd to 7th October 2022. The WIW is a global campaign to raise awareness about the importance of investor education and protection by highlighting various initiatives of capital market regulators in these two important areas. Read More

Posted On: Oct 04, 2022

TAHADHARI UPATU HARAMU

Mamlaka ya Masoko ya Mitaji na Dhamana (CMSA) inapenda kutahadharisha Umma kuwa kuna matangazo ya uwepo wa fursa za uwekezaji danganyifu kupitia mitandao ya kijamii kama WhatsApp, Facebook, Twitter na Instagram zikishawishi Umma kuwekeza katika kampuni na mipango ya uwekezaji wakiahidiwa kupata faida ya asilimia 150% kila siku na kutoa gawio la faida kila baada ya siku 3 kwa kuwekeza kwenye biashara hizo. Read More

Posted On: Sep 01, 2020