Challenges faced by Dar-es-Salaam Stock Exchange Market in Tanzania

Abstract

This paper identifies challenges faced by Dar-es-Salaam Stock Exchange market in Tanzania. Methodology involved open interview with stock exchange brokers and dealer’s representatives, financial advisors, DSE officers and few financial analyst from listed companies. Secondary data from different literature review, DSE published journals and reports was also used. Lack of desirable characteristics of Stock Exchange Market. Lack of public awareness and knowledge about stock market. Few market participants. Lack of Information and Communication Technology (ICT) and advanced technology. Macro-economic instability and lack of competent experts in financial markets. It is suggested that The government should take the necessary steps to assist DSE to carry out public awareness campaigns and train workers to be equipped with enough skills and knowledge about capital market and stock exchange business operation.