Tag: Dar es Salaam Stock Exchange
Between fears of low participation due to the COVID-19 pandemic and the fall in oil prices, share prices at most counters in Tanzania have dropped, and similar to the rest of the region, the Dar es Salaam Stock Exchange has naturally suffered. DSE CEO, Moremi Marwa joins CNBC Africa to discuss the challenges and the plans for a speedy recovery.
Barrick Gold Corporation announced it will resume agreeing to pay $300 million to the government to end a long running tax dispute. Also the Dar es Salaam Stock Exchange third quarter turnover jumped more than 20 times higher compared with that of the previous quarter. Alpha Marwa, Managing Partner, Vervet Global Tanzania joins CNBC Africa for the country's money market review.