Show the working
KANZA CAPITAL PARTNERS is an information, data, and education layer for Tanzanian markets — the Dar es Salaam Stock Exchange and the wider economy. This page sets out, plainly, where our figures come from, how we frame analysis, and the rules behind The Ghost. The aim is a market made legible, so people can decide for themselves. Nothing here is investment, legal, or tax advice, a recommendation, or an offer to buy or sell any security.
Education, not advice
We publish market data, company explainers, macro context, and a transparent hypothetical model portfolio (The Ghost). We do not provide personal recommendations, assess anyone’s suitability, manage money, execute trades, or give price targets on the public site. We are not a licensed investment adviser or dealer. Where a number could move a decision, our job is to show it clearly and cite it — the decision, and the responsibility for verifying it against official sources, remain yours.
Sources & verification
Primary sources are the Bank of Tanzania (rates, T-bill/bond auctions, reserves, FX, inflation), the Dar es Salaam Stock Exchange (prices, turnover, indices, daily reports), and companies’ own audited reports and disclosures. Fund figures come from the managers’ published NAVs and annual reports.
Company analysis — illustrative framing, no recommendations
Company pages explain the business, the reported financials, and an illustrative valuation exercise — for example a trailing P/E against the current market price, or a peer-multiple range shown only to frame context. These are teaching devices, not price targets and not recommendations. Assumptions (multiples, cost of equity, terminal growth) are stated on the page so you can disagree with them. Public company pages never carry a buy/sell verdict.
The Ghost — a rules-based educational model, hypothetical
The Ghost is a hypothetical model portfolio, marked to the market in the open every week, built to show the working of disciplined investing in a frontier market — not to be copied. It holds no real money and places no real trades. Its position labels are deliberately illustrative:
The Ghost roams the full market. Its investable universe is the whole opportunity set available to a Tanzanian investor — DSE equities, government bonds and Treasury bills, corporate bonds, the iTrust and UTT collective funds, the DSE’s exchange-traded funds, and commodity (gold-led) exposure. It doesn’t hold everything at once; it holds a reasoned subset and rotates organically as the thesis warrants, within balanced allocation bands.
Every change is explained, in the open. An allocation only moves alongside a written, dated rationale in the weekly editorial — what changed, why the Ghost is acting, and what it expects. A newly-opened position has no history, and we say so; its effect appears in future marks, never retroactively. The rotation, and its reasoning, is the point. See The Ghost →
Bilingual, rolling out
The interface is bilingual — English and Kiswahili — starting with the homepage and rolling out across the site. Use the EN · SW toggle in the top bar to switch. Coverage expands page by page; until a page is translated it reads in English.
When we get something wrong
We’d rather be corrected than confidently wrong. If a figure looks off, email [email protected] with the page and the source — we’ll check it against the official record and fix it.