The Dar es Salaam Stock Exchange (DSE) plans for initial public offering (IPO) and self-listing are in the final stages as the bourse anticipates at least five new listings in 2016.

Tanzania's government plans to sell shares in the state-owned power utility to the public this year and split it into separate generation, transmission and distribution units.

The Tanzania Breweries Limited (TBL) stole the show at the Dar es Salaam Stock (DSE) trading last week despite a drop in the market's week-on-week turnover, precipitated by the festive-season preparations.

THE Dar es Salaam Stock Exchange (DSE), is walking closer to become third exchange in the continent to de-mutualise. The demutualisation or self-listing is a process through which any member-owned organisation becomes a shareholder-owned company.