NBC AND DSE LAUNCH DIGITAL SHARE TRADING THROUGH NBC KIGANJANI



The National Bank of Commerce (NBC Tanzania), in partnership with the Dar es Salaam Stock Exchange (dsetanzania), has launched a new digital share trading service through NBC Kiganjani, enabling Tanzanians to conveniently buy and sell shares of companies listed on the DSE using their mobile phones.


The service integrates DSE Hisa Kiganjani with NBC Kiganjani, making capital market investment more accessible without the need to visit bank branches or capital market institutions.


NBC Managing Director Theobald Sabi said the service will allow customers to buy and sell shares, access market information and monitor their investments conveniently and securely.


DSE Chief Executive Officer Peter Nalitolela said the service is also available to people who are not existing NBC customers, who can download NBC Kiganjani and open an account using their NIDA identification.


The partnership marks an important step towards increasing public participation in Tanzania’s capital markets and encouraging more Tanzanians to use their bank accounts not only for saving, but also for building wealth through investment.


CMSA Director of Research, Policy and Planning Alfred Mkombo welcomed the initiative, saying the integration will help bring more people into the capital and securities markets through digital platforms.

Comments

Post a Comment

Popular posts from this blog

MARKET CAPITALIZATION AT DAR ES SALAAM STOCK EXCHANGE RISES IN FEBRUARY, CEO COMMENDS INVESTORS

Image
The Chief Executive Officer of the Dar es Salaam Stock Exchange (DSE), Mr. Peter Nalitolela, has commended investors following a significant increase in the market capitalization recorded in February this year. Speaking to journalists in Dar es Salaam while presenting the market performance report for the month of February, Nalitolela said the total market capitalization reached TZS 34.6 trillion across 28 listed companies. Of this amount, domestic listed companies—22 in total—accounted for TZS 24.2 trillion. He noted that this marks a substantial increase compared to February last year, when total market capitalization stood at TZS 19 trillion, while domestic companies accounted for TZS 12.1 trillion. “Year-on-year, our market has recorded strong growth. We thank investors for their continued confidence,” he said. Nalitolela also highlighted the performance of pension funds from both the public and private sectors that have invested in the stock market, noting that their investment va...
Read more

Vice President Nchimbi Attends 5th Anniversary Memorial Mass for Late President Magufuli

Image
  The Vice President of the United Republic of Tanzania, Ambassador Dr. Emmanuel Nchimbi, joined national leaders and members of the public in a Holy Mass commemorating the fifth anniversary of the passing of the Fifth Phase President of Tanzania, the late Dr. John Pombe Magufuli. The memorial service is being held today, March 17, 2026, in Chato, Geita Region. The Mass is led by the Bishop of the Catholic Diocese of Rulenge–Ngara, His Lordship Severine Niwemugizi.
Read more

*Government Launches 15274 Hotline to Ease Access to National ID Information

Image
Dar es Salaam: The Government has urged citizens to use their mobile phones by dialing *15274 to easily access information related to National Identification Cards (NIDA). Speaking today, December 29, 2025, the Minister for Home Affairs, George Simbachawene, said the service will enable citizens to check the status of their National ID cards, including whether the card has been produced or not, with feedback provided within five days. He explained that through this number, citizens will receive important information regarding their National IDs, adding that damaged ID cards are expected to be replaced starting February 2026. “By using this number, you will be able to get information on whether your ID card has been produced. I emphasize that damaged ID cards will be issued in February 2026,” said Minister Simbachawene. The Minister further noted that the Government has put in place a strategy to introduce the use of a single identification card for accessing various government services...
Read more