Tanzanian National Microfinance Bank to Be Listed on Dar es Salaam Stock Exchange by June 2007

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Thursday, January 4, 2007

Tanzanian National Microfinance Bank to Be Listed on Dar es Salaam Stock Exchange by June 2007

» Posted by in Category: Africa,Interest Rates at 6:11 pm

The Tanzanian newspaper Daily News recently announced that Tanzania’s National Microfinance Bank (NMB) could be listed on the Dar es Salaam Stock Exchange (DSE) by the end of June of this year. According to the newspaper’s source, the state’s privatization regulation body, the Parastatal Sector Reform Commission (PSRC) is currently evaluating the bank’s bid to go public. The bank should play a significant role in increasing the total capitalization in the DSE.


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