Tanzania's Ministry of Finance published an update on financial education seminars held in Pasua and Majengo wards in Moshi Municipality, urging citizens to invest savings in safe and appropriate channels rather than in high-risk options. The sessions targeted small entrepreneurs, boda boda and bajaji associations, and village community savings groups. A Capital Markets and Securities Authority (CMSA) representative outlined investment avenues in Tanzania’s capital markets, including listed shares, government and corporate bonds, and collective investment schemes, noting potential benefits such as dividends, capital gains and bond coupon income. The update also explained that government bonds are issued to the public by the Bank of Tanzania on behalf of the government through the primary market and later traded on the Dar es Salaam Stock Exchange, while CMSA authorises corporate bond issuance; bonds may also be used as collateral for bank borrowing. UTT Asset Management and Investor Services (UTT AMIS) highlighted investing through registered institutions and described minimum entry amounts for selected mutual funds of TZS 10,000 to TZS 100,000, with indicative annual returns of 12% to 15% depending on market conditions.
Ministry of Finance (Tanzania) 2025-02-14
Tanzania's Ministry of Finance promotes regulated capital market investments in community financial literacy seminars
Tanzania's Ministry of Finance held financial education seminars in Moshi Municipality, advising citizens to invest savings securely. The sessions highlighted investment options in Tanzania’s capital markets, including shares, bonds, and collective investment schemes, with potential returns like dividends and bond coupon income. UTT Asset Management and Investor Services emphasized investing through registered institutions, noting minimum entry amounts for mutual funds and indicative annual returns.