DSE targets youth capital to deepen investment
The Dar es Salaam Stock Exchange is actively promoting financial literacy and investment among Tanzania's youth to boost domestic savings and economic growth. Officials noted that young investors now account for 40 percent of trading activity, aided by digital platforms like 'Hisa Kiganjani'.
Why it matters
Increased youth participation in capital markets is a key indicator of economic development and financial inclusion in emerging markets.
DAR ES SALAAM: GREATER youth investment in Tanzania’s capital markets is key to mobilising domestic savings, expanding business financing and supporting longterm economic growth, the Dar es Salaam Stock Exchange (DSE) has said.
Speaking during the Ring the Bell for Financial Literacy initiative on Friday, DSE Business Development Manager Emmanuel Nyalali said young people were becoming increasingly important to the sustainability and growth of the country’s financial markets through their participation in share trading and other securities.
He said improving financial literacy among young people was essential to expanding the investor base, deepening market participation and strengthening the role of domestic investment in business financing.
“Growing youth participation in share trading presents an opportunity to broaden the investor base, strengthen investment culture and build financial knowledge that supports Tanzania’s long-term economic growth,” Nyalali said.
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