• Welcome to CORE Securities Ltd

    Licensed Dealing Member of the Dar es salaam Stock Exchange

  • Welcome to CORE Securities Ltd

    Licenced Nominated Advisor (NOMAD)

  • Welcome to CORE Securities Ltd

    Fund Managers (UMANDE Unit Trust)

  • Welcome to CORE Securities Ltd

    Licenced Investment Advisor

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  • PAL 380
  • TPCC 4500
  • DCB 120
  • MCB 310
  • TCC 17000
  • DSE 2340
  • CRDB 860
  • SWISS 1300
  • MKCB 550
  • MBP 390
  • TTP 120
  • TOL 670
  • TBL 10900
  • MUCOBA 500
  • TCCL 1800
  • NICO 720
  • AFRIPRISE 240
  • VODA 770
  • NMB 6000
  • JHL 4100
  • NMG 275
  • EABL 3700

CORE Securities Limited was first licensed by the Capital Markets and Securities Authority (CMSA) as “Investment Advisor’ on 2nd March 1998. On 1st July 1999, the Company was given the stock broking coveted license for “dealing in securities’ and was simultaneously admitted as a Licensed Dealing Member of the Dar es Salaam Stock Exchange, number D-007, on 20, July 1999.

Its core business is to deal in all types of securities, which includes the provision of stock brokerage, advisory services, fund management and the development of innovative products that enhance the overall vibrancy of capital markets in Tanzania and across the Region.

CORE Securities Limited, through its affiliate company called Consultants for Resources Evaluation Limited, engages primarily in management consulting and professional training activities.

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Listed Securities

More Listed Securities

TRADING OF GOVERNMENT SECURITIES

CORE Securities Limited is a licensed dealer of Government Securities in Tanzania, authorized by the Bank of Tanzania (BoT) and the Capital Markets and Securities Authority (CMSA). They are also a Licensed Dealing Member of the Dar es Salaam Stock Exchange (DSE).

Treasury bonds are a type of government debt security that investors can purchase. They are considered a secure, medium- to long-term investment, typically offering interest payments every six months throughout the bond’s maturity. In Tanzania, the The Bank of Tanzania auctions Treasury bonds on a regular basis, offering a variety of bonds with different maturities, such as 2, 5, 7, 10, 15, 20, and 25 years

To start bond trading, Open a Central Depository System (CDS) Account which  is essential for trading bonds and can be opened through CORE Securities Ltd.

Bond Calendar

DATE LISTED: 21st December 2011

IPO PRICE (TZS): 470

PAL provides regional and domestic carriage of passengers and cargo by air. The company flies to 11 destinations within and outside Tanzania, including Arusha, Kilimanjaro, Mwanza, Bukoba, Mtwara, Kigoma, Tabora, Zanzibar, Nairobi, Musoma, and Hahaya. The company also provides ground handling services; and distributes the Galileo reservation systems to airlines and travel agents in Tanzania. It operates through a fleet of five 70-seater ATR 72-500, three 48-seater ATR 42-500, and a 48-seater ATR 42-600. The company was incorporated in 1991 and is headquartered in Dar es Salaam, Tanzania.

PAL listed 160,469,800 shares on DSE in 2011 after unsuccessful IPO were by it was under subscribed by more than 50%. The IPO  price was 470.

website: www.precisionairtz.com/

National Microfinance Bank PLC (NMB)

DATE LISTED: 6th November 2008

IPO PRICE (TZS): 600 

NMB, one of Tanzania’s largest commercial banks, offers banking services to individuals, SMEs, and large businesses. Established in 1997 after the split of the National Bank of Commerce, it emerged alongside NBC Holding Limited and National Bank of Commerce Limited.

On October 31, 2008, NMB listed 500,000,000 shares on the Dar es Salaam Stock Exchange (DSE) at an IPO price of TZS 600 per share. For over two years, its shares have consistently opened and closed at TZS 2,750. CORE Securities served as the IPO SPONSORING BROKER.

website: www.nmbbank.co.tz/

National Investments PLC (NICOL)

DATE LISTED: 15 July2008

(Core Securities acted as the LEAD ADVISOR)

IPO PRICE (TZS): 300

NICOL, a public company in Tanzania, was listed on the Dar es Salaam Stock Exchange (DSE) on 15 July 2008 at an IPO price of TZS 400 per share. However, in 2011, it was de-listed by the Capital Markets & Securities Authority due to non-compliance with financial reporting and unauthorized asset sales. At the time of de-listing, shares traded at TZS 270/-. In 2017, NICOL re-emerged, declaring a dividend of TZS 25 per share after 10 years of operations, and announced plans to re-list on 6 June 2018 at TZS 300 per share.

The company focuses on acquiring, establishing, and managing enterprises across various key economic sectors, including manufacturing, financial services, telecommunications, agriculture, and mining. NICOL has two subsidiaries: Tanzania Fisheries Development Company Limited (TFDC) and Tanzania Meat Company Limited (TMCL).

website: www.nicol.co.tz

DATE LISTED: 27th November 2015 

IPO PRICE (TZS): 600

Mwalimu Commercial Bank (MCB), established in 2012 and headquartered in Dar es Salaam, Tanzania, was founded to address challenges faced by teachers in accessing affordable financial services. Initiated by the Tanzania Teachers’ Union (TTU) and its economic wing, the Teachers’ Development Company Limited (TDCL), the bank aims to provide cost-effective and diverse financial solutions to teachers and the general public.

To empower teachers and raise capital, MCB listed on the Dar es Salaam Stock Exchange (DSE) under the Enterprise Growth Market, issuing 50,000,000 shares at TZS 500 per share. CORE Securities served as the NOMINATED ADVISOR for the IPO.

website: www.mcb.co.tz/

DATE LISTED: 29th December 2014

IPO PRICE (TZS): 600 

Mkombozi Commercial Bank (MKCB) was established in 2009 by the Tanzania Episcopal Conference (TEC) to support emerging Tanzanian businesses by providing financial services. The bank primarily targets small and medium-sized entrepreneurs, companies, SACCOS, and social enterprises such as schools and universities, while also serving middle-market and large corporations, institutional investors, and government entities.

To raise capital, MKCB issued 5,000,000 shares to the public at an IPO price of TZS 1,000 per share under the Enterprise Growth Market (EGM), with CORE Securities serving as the nominated advisor.

website: mkombozibank.co.tz/

CRDB Bank

DATE LISTED: 17th June 2009

IPO PRICE (TZS): 150

CRDB Bank Plc is an African bank and a leading Financial Services Provider in Tanzania with current presence in Tanzania and Burundi, East Africa.

The Bank was established in 1996 and it listed its 2,176,532,160 shares in Dar Es Salaam Stock exchange (DSE) in June 2009 at an IPO price of  TZS 150 per share.

CRDB Bank offers a comprehensive range of products such as Corporate, Retail, Business, Treasury, Premier, and wholesale microfinance services through a network of over 120 branches, over 400 ATMs, 15 Depository ATMs, over 13 Mobile branches and 984 Point of Sales (POS) terminals.

website: www.crdbbank.co.tz/

Maendeleo Bank PLC (MBP)

DATE LISTED: 09 September 2013 

IPO PRICE (TZS): 600

Maendeleo Bank Plc (MBP) was established as a Limited Company in February 2011. On September 9, 2013, the bank commenced operations as a regional bank, obtaining license number NBA 00026 to conduct banking activities. Notably, Maendeleo Bank Plc became the first bank in Tanzania to be listed on the Dar es Salaam Stock Exchange (DSE) as a Public Limited Company (PLC) from its inception. CORE Securities served as the NOMINATED ADVISOR for its Rights Issue.

website: www.maendeleobank.co.tz/

Dar es salaam Community Bank PLC (DCB)

DATE LISTED: 16thSeptember 2008

CORE Securities Ltd was the LEAD ADVISOR and SPONSORING BROKER  during this milestone event.

IPO PRICE (TZS): 275 

DCB was registered as a Limited Company on 6th September 2001. In April 2002, DCB started business as a regional microfinance institution. On 12 June 2003 the bank was issued with a license to carry out banking business as Dar es Salaam Community Bank Limited. In 2005, after only 3 years of its operation, DCB broke-even. In 2008, DCB became the first bank in Tanzania to be listed to Dar es Salaam Stock Exchange (DSE) at an IPO price of 275 where by it listed 67,827,897 shares. In February 2012, the Bank changed its name from Dar es Salaam Community Bank Plc to DCB Commercial Bank plc  and in July 2012, the bank was issued with a license to carry out banking business country wide as a fully-fledged Commercial Bank.

website: www.dcb.co.tz/

DATE LISTED: 12th July 2016

IPO PRICE (TZS): 500

DSE is a market place where buyers and sellers of financial instruments meet. The Exchange is the secondary leg of Capital Markets that help avail long term and affordable capital to companies (productive users) from investors (idle holders/savers) with investment motives.

DSE was incorporated in 19 September 1996 and trading started in April 1998. The exchange became operational on 15 April 1998 with TOL Gas Limited listing as the first company followed by the Tanzania Breweries Limited (TBL) during the same year.

On 29 June 2015 the Dar-es-Salaam Stock exchange re-registered to become a public limited company after issuing 15,000,000 shares to the public at an IPO price 500.

website: www.dse.co.tz

JATU Plc

DATE LISTED:  23 November 2020

IPO PRICE (TZS): 500/=

JATU PLC is a Tanzanian company involved with Agriculture, industries and markets, it was registered on 20th October, 2016. The core Vision of JATU PLC is to become a leading public company in producing quality products and good services within and beyond the country, and to create employment opportunities to Tanzanians, intended to enhance income for individuals and maximize government revenues. As its Mission to achieve its Vision, JATU PLC is dedicated to ensure that human lives are enriched with good health by use of premium natural products produced by JATU PLC and implement a poverty reduction solution by use of human resources, modern agriculture and engage in industry activities and network marketing to ensure profit sharing.

website: www.jatukilimo.com/about/

Maendeleo Bank PLC (MBP)

DATE LISTED: 09 September 2013 

IPO PRICE (TZS): 600

Maendeleo Bank Plc (MBP) was incorporated as a Limited Company in February 2011. On September 9th, 2013, the bank commenced operations as a regional bank and obtained license number NBA 00026 to carry out banking activities. Notably, Maendeleo Bank Plc became the first bank in Tanzania to be listed on the Dar es Salaam Stock Exchange (DSE) as a Public Limited Company (PLC) from inception. CORE Securities acted as the NOMINATED ADVISOR for its rights issue.

website: www.maendeleobank.co.tz/

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