Business

DSE and NMB Bank Launch Integrated Mini App to Boost Retail Investor Participation in Tanzania

The Dar es Salaam Stock Exchange (DSE) and NMB Bank, Tanzania’s second largest, launched the Hisa Kiganjani Mini App within the NMB Mkononi Supa App, reaching over 6M users. The integration allows them to open CDS accounts, trade shares, and monitor investments at the exchange.

The launch event, held at the DSE’s Exchange Tower in Dar es Salaam, was officiated by Hon. Prof. Kitila Mkumbo, Minister of State in the President’s Office for Planning and Investment. The integration of DSE’s services into NMB’s digital ecosystem marks a major step toward enhancing financial inclusion and expanding access to investment tools for all income groups in Tanzania.

Through the Mini App, NMB Mkononi users can now open a Central Depository System (CDS) account, monitor investment performance, buy and sell shares, and access real-time market data, all without paperwork or in-person visits. The platform is designed to eliminate traditional barriers to entry by offering an intuitive and automated user experience. Speaking at the event, Prof. Mkumbo commended the collaboration as a model of private-sector support for national development goals, especially the deepening of Tanzania’s capital markets. “True economic transformation requires bold, smart, and inclusive digital solutions. This collaboration between DSE and NMB is exactly what we need to bring markets closer to the people,” he noted.

Read more at: https://www.tanzaniainvest.com/finance/capitalmarkets/dse-stock-exchange-nmb-hisa-kiganjani-mini-app

epbtz

About Author

You may also like

Business

Tanzania Concludes Wigu Hill Rare Earth Project Litigation with Final Payment

Tanzania has completed its US$27 million settlement with Montero over the expropriation of the Wigu Hill rare earth project. With
Business

EAC Unveils $12.5M ENSURE Project to Transform East African Agriculture and Impact 5 Million Lives

There are many variations of passages of Lorem Ipsum available but the majority have suffered alteration in that some injected