DSE CEO URGES WOMEN TO OPEN INVESTMENT ACCOUNTS, SAYS NUMBER STILL LOW; MARSHA MACATTA ALSO SPEAKS OUT



It has been revealed that out of the 800,000 investment accounts opened at the Dar es Salaam Stock Exchange (DSE), only 280,000 accounts belong to women. This number is considered relatively low and is said to limit women’s opportunities to achieve economic empowerment through participation in the stock market.

This was stated today in Dar es Salaam by the Chief Executive Officer of the Dar es Salaam Stock Exchange, Peter Nalitolela, while speaking during the “Ring the Bell for Gender Equality” event held as part of the activities marking International Women’s Day.

Nalitolela said that current statistics show that only 35.5 percent of investors in the stock market are women.

“This is a historical challenge. In our society, women have traditionally been left behind economically because men have been the primary breadwinners. Even now, when opening investment accounts in the capital market, men still dominate,” said Nalitolela.

He added that due to this situation, the DSE has taken deliberate steps to encourage women to open investment accounts through various awareness campaigns and forums.

“We use every opportunity to encourage women and young girls to open investment accounts and use the stock market to access capital. Currently, the process has been simplified through the DSE Kiganjani digital platform,” he said.

On her part, the Executive Director of UN Global Compact Network Tanzania, Marsha Macatta, said their organization has been working to bring together companies that promote gender equality, including the establishment of policies that support gender balance in workplaces.

She emphasized that without gender equality, companies often miss out on talent, accountability, and improved performance.

Macatta noted that promoting equal opportunities for women and men is essential for achieving sustainable growth and stronger corporate performance.

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