DSE Market Capitalisation Reaches Sh15.25 Trillion

MARKET capitalisation of the Dar es Salaam Stock Exchange (DSE) has increased significantly to 13.25tri/- at present, which is 14.87 per cent gain compared to 11.53tri/- recorded in January 2012.
According to the DSE key equities market Indicators, domestic market capitalisation jumped to 3.06tri/- in the period under review equivalent to 29.96 per cent increase compared to 2.35tri/- realized in January 2012.

During the year, the market report demonstrates further that the DSE All Share Index increased to 1,491,370,000,000 points from 1,298,280,000,000 points January last year.
The Tanzania Share Index (TSI) surged to 1,454,720,000,000 points compared to 1,119,320,000,000 points recorded in the corresponding period last year.

The outstanding performances of the bourse indexes is attributed to the increase of share prices of different listed companies like Swissport which is currently standing at 1,720/- up compared to about 650/- recorded in the corresponding period.

Also firms like the Tanzania Breweries Limited (TBL), the Tanzania Cigarette Company (TCC), and the National Microfinance Bank (NMB) continued to perform well in the market. During this period, local investors participated actively in the market managing to carry out deals worth 97.8bn/- compared to 89.23bn/- raised between January and March 2012.

Foreign investors injected 2.22bn/- by January this year compared to 10.77bn/- mobilized between January and March 2012. Similarly, in this financial year, the bourse is expecting to receive further boost with the listing of three more firms bringing the number to 20 trading at the market.

DSE has already received prospectus of the London-listed Richland Resources, the parent company of TanzaniteOne that seeks to offload a 20 per cent stake during a cross-listing on DSE. Mr Kitua said the bourse forecasts strong interest from investors on Richland's shares.

Also in the list would be a gas company whose name is yet to be disclosed but it is expected to issue new shares despite being listed in the London based Stock Exchange to mobilize funds for the exploration of gas in Southern Tanzania. Also the establishment of the Enterprise Growth Market (EGM) will have significant impact into the market operations.

MAGU NA MAENDELEO

Wanamagu Wenzangu natumaini tunaendelea vizuri na ujenzi wa Taifa nje na ndani ya mipaka ya Tanzania.

Tukiwa tunaelekea kuzuri katika harati zetu za kupeleka maendeleo wilayani kwetu nimeona leo itakuwa vizuri kama tukishauriana yafuatayo;

1.       Hapo ulipo ni lazima ujione kuwa ni Kiongozi uliyekamilika, unayetegemewa na ambaye unaweza kutekeleza mambo mbalimbali ya maendeleo pale unapohitajika. Kufanya hivyo inakusaidia kujiona una nguvu ya kutosha na iliyokamilika na kuondoa unyonge wote katika viungo vyako.

2.       Tunatatakiwa tuwe wabunifu wa hali ya juu. Ubunifu wetu utatusaidia sana kujiamini na kujiona kuwa tunaweza kufanya mambo mengi kwa vitendo na sio kwa kujadili pekee. Tunahitajika kuwa wabunifu wa kubuni miradi na vyanzo vya mapato kwa ajili ya umoja wetu na ndugu zetu hasa wanaohitaji msaada wetu. Kwa mfano kutafuta wafadhili na kadhalika.

3.       Wakati mwingine tunaweza kuongeza maarifa kwa kujifunza kutoka kwa waliofanikiwa. Tanzania tuna jumla ya wilaya 135, ambazo zipo katika hatua mbalimbali za maendeleo. Basi tujifunze kutoka huko na tupeleke nyumbani. Wahenga walisema “Kila mbwa hubwekea mlangoni kwao”

TPAs TOP SENIOR OFFICIALS SACKED

TOP Tanzania Ports Authority (TPA) senior officials who were suspended last year pending investigations into various allegations including corruption and theft have now been served with termination letters.

Sources in government, who declined to be mentioned because they are not the spokespersons, informed the 'Magu Development Initiative' yesterday that the seven suspended officials including the director general, Mr Ephraim Mgawe, have been officially terminated from service.

The Minister for Transport, Dr Harrison Mwakyembe, in August, last year suspended seven top officials at the TPA and Kurasini Oil Jetty (KOJ) pending investigations on several allegations including mismanagement, embezzlement and occasioning losses to the institution.

They included Mgawe, his two deputies, Mr Julius Mfuko and Hamadi Koshuma and Port Manager Mr Cassian Ng'amilo. Others are the KOJ Engineer, Mr Emmanuel Mataro; Jetty Master Capt Joseph Bwakabale and the Oil Terminal Manager who was also responsible for managing the Single Point Mooring (SPM), Capt Tumaini Masaro.

When contacted by the 'Magu Development Initiative,' the Deputy Minister for Transport Dr Charles Tizeba, who did not confirm nor deny whether the suspended officials have been terminated, directed this newspaper to contact TPA officials or Chairman of the Board of Directors for more information on the matter.

When the TPA Acting Director General, Eng. Maden Kipande was contacted, he first did not answer the phone, but later called the 'Magu development Initiative' office and expressly stressed that he does not want to be disturbed. After suspending the TPA's top officials, Dr Mwakyembe then formed a seven-member committee to investigate the allegations of corruption and mismanagement of office, which he said threatened business with neighbouring countries.

The committee, among other things, probed massive loss of containers being handled by Tanzania International Container Terminal Services Limited.

He said oil theft at the port had increased by 0.5 per cent from 2 per cent which, he said, was caused by people who claim that the oil was crude, adding that it was possible that the thieves were selling the stolen oil to petrol stations. When he received the probe team's report in October, last year, Dr Mwakyembe promised to implement recommendations outlined in the report by December, last year.

SASA NI WAKATI WA KUJITAMBUA

Wanamagu tuliopo kwenye jukwaa hili nawasalimu katika jina la BWANA. Wale wa dini ya upande wa pili Asylam Alykum. Tukiwa ni watu ambao tunataka maendeleo ya kweli MAGU ni lazima tuanze kubadilika na kuwa ni watu tunaopiga hatua siku hadi siku ili mwisho wa siku tufike ile nchi ya ahadi ya asali na maziwa. Kwa ufupi ni kuwa ili tupate maendeleo ni lazima tuanze utaratibu ambao utawalazimisha viongozi wa serikali, viongozi wa dini zote, viongozi wa koo (kama wapo), watu wenye ushawishi kuja katika Jukwaa hili muhimu ili kujibu hoja zetu moja baada ya nyingine, kwani naamini ni kwa kushirisha viongozi hawa ndipo tuweza kupenyeza michango yetu ya maendeleo.

Nadhani sasa imefika wakati wa kuwafahamu viongozi wetu wote wa kisiasa na wataalamu mbalimbali wanaohudumu katika Wilaya yetu ya MAGU, tuwajue na ikiwezekana tuwajadili mmoja baada ya mwingine MAZURI yao na MADHAIFU yao kutokana na kazi wanazofanya pale Wilayani. Tutaje viongozi wetu kuanzia na wa juu kabisa Kiwilaya ambaye nadhani ni Mkuu wa Wilaya mpaka wa chini kabisa ambaye nadhani ni Mwenyekiti wa Mtaa.

Baada ya hapo tutafute wakati muafaka wa kuwaita katika Jukwaa hili wale wanaohitaji ushirikiano wetu ili tuwaulize maswali mbalimbali na kuyajibu moja kwa moja na lengo likiwa kuwaweka karibu na wananchi wanaowaongoza. Aina ya utaratibu huu tayari imeshaanza kufanywa kwenye Wilaya zingine Tanzania kama vile Kilosa, Rombo, Himo na Karagwe kwa kutaja chache, na tayari imeanza kutoa matunda.

Naamini kwa kufanya hivi ni dhahiri tutakuwa tunalifanya kundi letu hili la UMOJA kuwa ni moja ya makundi ambayo yapo kipekee na lenye kutimiza MALENGO yake ya MAENDELEO kwa wakati kwa ajili ya WANAMAGU. Nianze kwa kumtaja Mkuu wetu wa Wilaya anaitwa JACQULINE LIANA. Huyu nafikiri mnamfahamu, amerithi nafasi ya mkuu wa wilaya yetu aliyepita aitwaye………………

                  TWENDE KAZI TAFADHALI.     PAMOJA TUNAWEZA

Magu Road Accident Kills Two

Mwanza — TWO people have died and 36 others were seriously injured in an accident involving a Bunda Express bus at Ngashe Village, Kahangala ward in Magu district, Mwanza region.

The Mwanza Regional Police Commander (RPC), Mr Ernest Mangu, said here that the accident occurred at around 08:00 am when the bus was travelling from Bunda to Mutukula at the border between Tanzania and Uganda.

"The driver who was not immediately identified escaped from the scene of the accident and police are searching for him," said the RPC. The RPC noted that initial findings show that the accident was caused by overspeeding, causing the bus driver to lose control of the vehicle which later overturned.

Mr Mangu observed that it has been raining in the area and had the driver been a little bit more careful considering the weather, the accident might have been avoided. In another incident, police in Mbeya are holding 24 illegal immigrants from Ethiopia arrested near Kasumulu border in Kyela District in the region on Tuesday.

Mbeya Regional Police Commander (RPC), Mr Diwani Athumani, told the 'Daily News' yesterday that the police apprehended the suspects while on patrol near the border, noting that the suspects would be handed over to the Immigration Department for legal action.

He, however, would not disclose the names of the suspects. He also said police arrested two suspects in possession of stolen copper whose value was not immediately established, saying the duo ransacked the minerals after breaking in a transit lorry from Zambia to Dar es Salaam.

He named Daudi Watson (31) of Ubaruku in Mbarali District and Simon Kabasi (23) of Uyole in Mbeya municipality as the apprehended suspects.