Uwekezaji – Gracing Money https://gracingmoney.com Begin. Grow. Sustain Sat, 14 Feb 2026 07:08:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://gracingmoney.com/wp-content/uploads/2025/08/cropped-Gracing-Money-Icon-2-32x32.png Uwekezaji – Gracing Money https://gracingmoney.com 32 32 The Five (5) Questions You Already Have About ETF Investments https://gracingmoney.com/the-five-5-questions-you-already-have-about-etf-investments/ https://gracingmoney.com/the-five-5-questions-you-already-have-about-etf-investments/#respond Tue, 03 Feb 2026 04:42:56 +0000 https://gracingmoney.com/?p=2475 Its a new market place, yes…but worth knowing about it

You have probably heard about ETFs but you don’t know what they are…

If you relate to the statement above, then this blog is for you 🙂

What is an ETF?

Exchange-Traded Fund (ETF) is a pooled investment that holds a combination of multiple financial assets (stocks, bonds etc.).

…but this fund is listed and traded (bought and sold) on a stock exchange as a single share.

What are the existing ETFs in Tanzania?

There are now two (2) existing ETFs;

  1. Vertex International Securities ETF (VIS-ETF) 

This fund was listed in October 2025 as Tanzania’s first ETF. The fund is a basket of diversified actively traded Tanzanian equities (stocks) on the Dar es Salaam Stock Exchange (DSE). Its IPO was oversubscribed by 136%.

  1. iTrust East African Community (EAC) Large Cap ETF

This fund follows second, commenced in January 2026. The fund is focused on large-cap equities (stocks) in the East African Community (EAC). Its IPO was oversubscribed at a 540% rate.

How do you benefit from investing in ETFs?

Just like investing in stocks, you get two (2) advantages in investing in ETFs;

  • Capital Growth when the ETF share price increases 
  • Dividends or Income Generation if paid by the individual assets involved (based on how the assets performed)

What is the relationship between NAV per unit and the ETF Market Price?

Unlike mutual funds, the Net Asset Value per unit is not the same as the share price in the market. 

They can vary significantly.

Lets describe them first, in case you are not aware of the 2 (two) terms;

Net Asset Value (NAV) per unit is the “intrinsic value” or the real value of the ETF. In Swahili it’s ‘thamani halisi ya kipande’.

You simply minus the liabilities of the fund (expenses and debts) from the assets (income generators) of the fund and then divide by the number of shares.

The NAV per unit is calculated after every market day (Monday to Friday except Public Holidays).

Market Price is the price at which you buy or sell the ETF on the Dar-es-Salaam Stock Exchange. 

This price, just like stocks, changes based on the supply and demand.

And,

If the Market Price is greater than the NAV per unit, it means you are buying the share at a premium / an overprice. 

Like buying a 500ml drinking water bottle at a price of 4,000/= at a high-end restaurant or a five-star hotel like Serena.

A higher price can also be due to a high demand.

If the Market Price is less than the NAV per unit, it means you are buying the share at a discount price / a fair price / an underprice. 

What are the disadvantages of investing in EFTs?

  • You do not have control over holdings. For instance, if the index has 5 companies and one company does not perform well, your good performers are diluted by the poor performer
  • You do not have voting rights in individual companies in the index as a stock shareholder have
  • You have only two (2) options in the Tanzanian market at the moment, a young market; it is either Vertex or iEACLC unlike the stock market and collective schemes (mutual funds)
  • You incur trading costs such as broker commissions like stocks and even currency exchanges (when a foreign currency is involved).

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PS:

Just choose a direction and start, keep getting better as you go.

Just start and keep moving :)

Monely yours,

Gracing Money

Marejeo:

1] Exchange-Traded Fund (ETF): What It Is and How to Invest, investopedia.com

2] Vertex-ETF, vertex.co.tz

3] Vertex-ETF Daily Market Reports, vertex.co.tz

4] iTrust EAC Large Cap ETF, itrust.co.tz

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]]> https://gracingmoney.com/the-five-5-questions-you-already-have-about-etf-investments/feed/ 0 UTT: What It Is and How You Get Started https://gracingmoney.com/utt-what-it-is-and-how-you-get-started/ Fri, 16 Jan 2026 15:16:13 +0000 https://gracingmoney.com/?p=2105 Curious about UTT? Learn what it is, how it works, and how to begin investing in it.

You may have heard of UTT but don’t understand what people are talking about…

Or you know that UTT has different funds but don’t know what these funds are for.

When you read to the end, 

you will be able to understand exactly what UTT is, and how different its funds are.

But starting with investments…

Investing is using the money you have saved to generate more money (profit).

One way to invest collectively with other investors then sharing the profits. This kind of investment is what we call Mutual Funds.

UTT-AMIS (Unit Trust of Tanzania – Asset Management and Investor Services),

is a government owned institution under the Ministry of Finance of joint-investment in Tanzania, established in 2003.

How UTT Works in Tanzania?

When investors’ money is collected, the funds are invested in other liquid assets such as Bonds, Stocks and Call Accounts.

The investment is made by investment professionals, and this is one of the biggest benefits of investing in mutual funds.

Bonds Investments often start at 1,000,000/= and when you invest in Stocks, you need to monitor it yourself.

But not everyone can have 1,000,000/= to invest in Bonds and not everyone has the time and expertise to keep track of stocks,…

so mutual funds come in handy in this type of situation.

The UTT Mutual Funds promise a return of at least 12% per year or at least 1% per month.

For example;

When you invest or save 100,000/= today, within a year it can grow up to 112,000/=

But it’s also good to know that,

…any type of investment comes with a risk of loss because the financial market is affected by what is happening,

in the national and global economy.

The Mutual Funds of UTT

UTT has 6 funds;

✔ Watoto Fund

✔ Liquid Fund

✔ Wekeza Maisha Fund 

✔ Jikimu Fund

✔ Bond Fund, and

✔ Umoja Fund

FundBenefitsMoney Withdraw (Re-purchase)…Start With (Shillings)
Watoto
Capital GrowthWhen the child reaches 12 years of agee10,000/=
LiquidCapital GrowthWithin 3 working days100,000/=
Wekeza MaishaCapital GrowthAfter the first 5 years8,340/= monthly contribution, or
1,000,000/=
Jikimu
Dividend/ Income GenerationWithin 10 working days5,000/=For capital growth
1,000,000/=For an annual income
2,000,000/=For a quarterly / 3-months income
Bond
Dividend/ Income GenerationAfter the first 3 to 6 months50,000/=For capital growth
5,000,000/=For a semi-annual / 6-months income
10,000,000/=For a monthly income
Umoja
Capital GrowthWithin 10 working days10,000/=

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And…

If you have a goal to reach a certain amount of money within a period of time, discover what you can invest every month,


…using this tool: UTT Monthly Investment Plan

PS:

You can use UTT Mutual Funds to accumulate savings for your goals :)

Just get started!

Money-ly Yours,

Gracing Money!

References:

1] UTT-AMIS, uttamis.co.tz

2] UTT-AMIS, Investment Assumption Calculator, Monthly Investment Plan

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]]> How to Participate in the Financial Market, as a Muslim, THE HALAL WAY https://gracingmoney.com/how-to-participate-in-the-financial-market-as-a-muslim-the-halal-way/ Wed, 31 Dec 2025 05:27:31 +0000 https://gracingmoney.com/?p=2429 A Muslim’s Guide to Participating in the Financial Market in a Halal and Faithful Way

You’ve been hearing about investing a lot lately, but…

You are a Muslim and would like to save and invest in a way that is aligned with your belief, your Iman.

There are stakeholders in the Financial Market who thought about you.

Islamic Financial Products primarily consider;

✔ Rules of Shariah in the investments and transactions that take place,

✔ Distribution of Risk between the borrower and the lender,

And ensuring…

✔ Access to Financial Services to those who consider conventional banking and financial services to be incompatible with religious principles.

The Islamic Saving Products for you, are;

✔ Islamic Savings Account

This is no different from a regular savings account, except that it works on the principle of profit sharing, not interest.

✔ Mudarabah Account

One side gives capital and another side (that is you) provides the expertise, and then profit on a predetermined ratio.

And,

✔ Wadi’ah Account

This account aims at protecting your capital rather than making profit.

Islamic Investment Products for you, are;

✔ Sukuk (Islamic Bonds)

You earn an income, the coupon payments, based on the profit earned and not interest.

A good example is the KCB Sukuk Bond and two (2) Sukuk Bonds of The Revolutionary Government of Zanzibar (one in TZS Shillings and another in US Dollars – $).

✔ Mudarabah (Profit Sharing)

  One side gives capital and another side (that is you) provides the expertise, and then profit on a predetermined ratio.

✔ Musharakah (Joint Venture)

Often used in real estate.

Different people or institutions partner to contribute capital for a project and then share the profits or losses based on the ratio of contribution.

✔ Murabaha (Cost-Plus Financing)

The bank buys an asset for you and sells it at a profit. You, then pay it back in installments, alongside the profit.

✔ Lease Financing

You are given a lease and you pay it back as rent. The ownership becomes yours when the rental period ends.

Are these financial instruments only for Muslims?
Nope…

Except that all prerequisites related to that service must be adhered to.

Visit your banking institution to find out which Islamic savings and investment assets they offer, or…

Visit Islamic Bank institutions such as AMANA Bank and CRDB Al Baraka.

Which mutual funds can you start to invest in?

There is Alpha Halal Fund by Alpha Capital Limited and iImaan Fund by iTrust Finance Limited. 

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PS: 

You still have the opportunity to participate in the Financial Market, as a Muslim, so save and invest with confidence.

Do start today!

Money-ly Yours,

Gracing Money!

References:

1] CRDB AlBarakah Banking,https://crdbbank.co.tz/en/for-you/al-barakah-banking

2] AMANA Bank | Islamic Bank in Tanzania, https://www.amanabank.co.tz/

3] Financial Educator Certification, Covenant Institute of Tanzania and Bank of Tanzania (BOT)

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]]> Is Investing in NICOL the Right Decision? https://gracingmoney.com/is-investing-in-nicol-the-right-decision/ Fri, 12 Dec 2025 12:23:19 +0000 https://gracingmoney.com/?p=2246

Is investing in NICOL the right decision for you? Know all about NICOL in just a few minutes.

On the snapshot above, is a great question I was asked, and it had a long response, and

I thought it would be great to share it with you too. I don’t plan to waste your time, 

…so let’s begin.

If you are someone who wishes to begin investing in stocks or you want to add another company to your investment portfolio,

reading the full text will help you decide.

In case you didn’t know…

NICOL (National Investments Company Limited) is a company that was established in 1999 to help people invest,

 collectively in economic activities.

NICOL has invested in various sectors such as;

✔ Financial Institutions (like banks; NMB and CRDB), 

✔ Communication (Vodacom), 

✔ Manufacturing (TBL), 

✔ Real Estate,

✔ Money Market such as bonds and fixed term deposits, and

✔ Others…

The 2024 Annual report shows the distribution of NICOL’s investments as;

The investment breakdown is 67% Shares, 18% Real Estate, 13% Land and Real Estate, 2% UTT, and

in Stocks Investment, the company has about:

✔ NMB Bank ~ TZS 150 Billion,

✔ DSE ~ TZS 4 Billion,

✔ TBL ~ TZS 1.1 Billion, 

✔ CRDB ~ TZS 1.4 Billion, and

✔ more than TZS 1.07 Billion in other companies like TCC, VODACOM and TPCC.

Okay, 
some important trends to take note of;

Changes in NICOL share prices

October 2020 (TZS)September 2025 (TZS)Change (%)
1651390742.42%

Dividend payment for the last five years (TZS per share)

20202021202220232024
1037435370

Profit made from Shareholder’s Equity (ROE: Return on Equity)

20202021202220232024
2%5%6%5%6%

In the blog about Starting Stocks Investing, I explained that share price alone is not enough to make a decision.

You will also have to look at the company’s qualitative fundamentals and the history of the company in increasing profits every year, such as

✔ Revenue Growth,

✔ Net Income Growth,

✔ Earnings Per Share (EPS),

✔ Return on Equity (ROE), and the like…

such information is easily found on annual reports.

Getting the right understanding on the stocks investments and doing a simple analysis of a few companies that you want to start with,

…will give you the right decisiveness to invest in NICOL or any other company on the DSE (Dar-es-Salaam Stock Exchange).

If you want to know how stock prices and profits relate, you can check right here.

Keep yourself updated by following our Instagram, and 

…you can also buy a copy of the Stock Investing eBook on Whatsapp for 29,900/= only.

 Along with the book, you will get for FREE;

✔ Stocks Investment Tracker (Excel/Google Sheets) for keeping a record of your purchases of Shares and Dividends you will receive

✔ Quantitative Analysis Tool (Excel/Google Sheets) to analyse a business using previous company records, and

✔ A 30-minute session to guide you how to start.

All the bonuses would cost you 122,750/=, but you will get it for free. 

As a guarantee, if you are not able to start investing in 7 days, your money will be refunded and you would have remained with the eBook…

just in case you decide to buy stocks in the future.

The 30-minute free session bonus will be for only 14 days from the release of this blog. Don’t plan to miss it.

Now, you can click the button below 👇  to get the eBook.

Buy Hisa eBook!

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PS:

The minimum amount to buy stocks is only 10 shares! You don’t need a lot of money to get started.

Cheering for you :),

Gracing Money!

References:

1] NICOL 2024 Annual Report, National Investments PLC

2] nicol.co.tz

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]]> How to Start Investing in BONDS (Beginner Guide) https://gracingmoney.com/how-to-start-investing-in-bonds-beginner-guide/ Thu, 16 Oct 2025 16:19:49 +0000 https://gracingmoney.com/?p=2185 Want to invest safely? This is how to begin with bonds and find out what makes them a smart choice.

Have you heard about bonds and don’t understand how they work?,

…or you want to get started but don’t know how to buy bonds.

If yes is your answer, then this article is for you.

A bond is an investment that involves you lending money to the government or an institution in order to,

earn interest (in form of coupon payments) over a period of time.

The government or institution then receives the money and use it for development or doing business for profit,

…still bearing the responsibility of paying you the coupon/interest.

Types of bonds include;

✔ Government Bonds,

✔ Municipal Bonds,

✔ Corporate Bonds, and

✔ International Bonds.

The Bank of Tanzania (BoT) gives out bonds auction calendar for every half year by June and December, 

…on the BoT website, and you can get the list of active corporate bonds on the Dar-es-Salaam (DSE) website.

Coupons, often paid twice a year for government bonds is one of the benefits of bond investing.

Other benefits of investing in bonds include;

✔ Using a bond as collateral to get a loan 

✔ Investing with less risk of loss, and

✔ You can preserve money for a period of time.

7 Important Steps to Start Investing in Bonds

  1. Get the correct understanding about Bonds

…through books, seminars, brokers or other knowledgeable financial experts.

This will help you determine the best interest rates and the prices to buy bonds in order to get a good return/profit.

The interest rate normally increases with the investment period.

2. Have the investment amount to begin with

The minimum investment amount ranges from 500,000/= to 1,000,000/= and if,

…you want to buy bonds but you don’t have this amount, you can choose to invest in Mutual Funds which,

invest in bonds, alongside with other investors.

3. Choose a broker or a dealer you will work with.

You cannot buy or sell bonds as an individual or even an institution.

A broker is an agent who buys and sells bonds on your behalf, and

 
A dealer is an agent who buys and sells bonds on his own behalf, that is, he can sell you bonds on the secondary market (DSE).

You can get the full list of licensed brokers and dealers on the DSE website.

4. Open your CDS (Central Depository System) Account 

…through your broker, and

5. Buy Bonds

…on an auction on the primary market or,

buy bonds that has previously been bought and resold on the secondary market (DSE).


6. You will get a proof of purchase

…known as the relevant bond seller, and

7. You will follow up your coupon payments

…on the dates stated by the bond seller and you can keep track of your bond investments.

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PS:

You can also buy bonds through Mutual Funds which,


…invests in bonds, alongside other investors. A good example being, the Bond Fund of UTT-AMIS.

Money-ly Yours,

Gracing Money!

References:

1] Bank of Tanzania, bot.go.tz

2] Dar-es-Salaam Stock Exchange, dse.co.tz

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]]> 5 Shocking Reasons Why You Don’t Need EXPENSIVE COMPANY SHARES to Make Big Profits https://gracingmoney.com/5-shocking-reasons-why-you-dont-need-expensive-company-shares-to-make-big-profits/ Thu, 16 Oct 2025 15:29:07 +0000 https://gracingmoney.com/?p=2194 You don’t need pricey stocks to win big in investing. Here are 5 reasons why (for your benefit).

You have probably heard about investing in stocks,

…and you know that a stock is the ownership of part of a company or business, and that
shares have different prices according to the respective companies.

However, you do not know how share prices are related to the profit you will make.

If you are in this situation, this writing was written for you. Read to the end!

But before we continue, 


you might want to review the introduction to investing in stocks.

So on 4th of July, 2025, 

companies in the Dar-es-Salaam Stock Exchange (DSE) that sold and bought shares,

…had share prices ranging from 145/= (DCB Commercial Bank) to 16,010/= (TCC: Tanzania Cigarette Company – Sigara), for one share.

The two main advantages of investing in stocks as you already know;


are capital gain and dividend income.

Your money grows from the increase in the stock prices and you get dividends from the company’s profit in that financial year.

Now coming back to our main topic, we will address some stock market myths, and answer the question,

‘Do you need expensive shares to profit from stock investing?’

So, first;

1. Stock Prices Do Not Directly Indicate Future Profits

The profit you will get if you invest in stocks, if dividends and/or capital gain depends on,

The capacity of that company to use its capital to make a profit, and

the profit the company generates before interest and tax deductions.

A stock may have a ‘low’ or a ‘high’ share price but if it does not generate sustainable profits over a period of time,…

you, the investor, will not get sustainable profits either.

2. Your Analysis Before Investment Is Your Reality Check

Along with getting a basic knowledge on stocks investment, you will have analyzed a company based on the,

✔ Quality (Qualitative Analysis), and

✔ History of Income, Profits, Debts, etc. (Qualitative Analysis)

Therefore, the stock price may have a low price or a high price but if the company does not have a good leadership,…

or its level of debt has exceeded its actual revenue greatly,.. 

…then the possibility of getting dividends or the stock price growing decreases.

3. The Share Price May Be More Expensive Than The Book Value

Each company has a real value (Book Value) which is its total assets minus all its debts.

Changes in the stock price may cause a share to be;

✔ less than real value ‘underpriced’, 

✔ of average value ‘fairly priced‘, or

✔ have a high value ‘over priced’,

at that time.


Therefore, the stock price may seem ‘cheap’ but could be expensive relative to the real value of the company.

4. A Company May Fail to Pay Dividends Despite Making Profit

Every company has its own dividend policy, meaning


‘Company A will give A% of its profits as dividends to investors.’

But, dividends still come from the profit made. 

If the company decides to return all that year’s profit back to the business for growth purposes, the investors will not get the dividends.

5. Share Prices of a Company May Not Change in a Long Time

Share prices rise due to the positive expectations of investors in the market (the demand and supply). 

As the demand of a company stock grows, the stock price increases.


But, it may come time that the price does not change, because;

✔ The ‘demand’ for particular stock is decreasing, or

✔ The company has grown to the extent that it mainly focuses on paying dividends to the investors.

If the stock price does not change, you will not enjoy any capital gain.

And if you prefer another type of investment, you can read through Mutual Funds and Bonds.

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PS:

The minimum amount for you to start in stocks is only 10 shares! You don’t need millions to get started.

Money-ly Yours,

Gracing Money!

References:

1] Dar-es-Salaam Stock Exchange, dse.co.tz

2] Dar-es-Salaam Stock Exchange Market Report, Friday, 4th July 2025

3] The Little Book That Still Beats the Market, Joel GreenBlatt

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]]> Five Questions (5) to Ask Yourself WHEN CHOOSING A BROKER For Stocks or Bonds https://gracingmoney.com/five-questions-5-to-ask-yourself-when-choosing-a-broker-for-stocks-or-bonds/ Thu, 16 Oct 2025 13:12:04 +0000 https://gracingmoney.com/?p=2180 Don’t blindly pick your broker. These 5 key questions will help you choose the right one for your investments.

You have decided to invest in shares already bonds but just discovered that,

…you will need a broker as an agent for your transactions.

If this is you, then this open letter is for you!

The stock market (DSE: Dar-es-Salaam Stock Exchange), just like Kariakoo, is a market. Just that, it deals with cash products.

Brokers meet to buy and sell stocks and bonds through auctions.

DSE is active from Monday to Friday, from 10am to 4pm. The market closes on holidays.

Before choosing a broker it is important to decide what asset to buy or sell but also…

the products which the broker sells and buys on behalf of his customers.

In short, get the correct understanding of the asset you want to invest in before looking for a broker.

Remember, a broker;

✔ Buys and sells stocks and bonds on your behalf

✔ Does not own stocks or bonds

✔ Is paid commission for every trade

✔ Does not have any ‘risk’ in the market because he is just an agent

✔ Sends you information about your completed stock transactions

✔ Has account information on the stocks or bonds you purchased.

Investment Broker Tips

Having the answers to these five questions will save you time,

on how to choose a broker in Tanzania.

  1. Is the broker Licensed?

The broker should be recognized by investment authorities, such as

the DSE and the Capital Markets and Securities Authority ‘CMSA’.

You can find a list of licensed ‘brokers’ on the DSE website.

2. Does the broker have enough experience?

A broker that has been in business for a long time, has been exposed to different economic times nationally and globally,

and therefore has a good history of profits and losses in the financial market.

This broker has likely encountered many challenges, so you can get realistic advice on the questions you ask.

3. How are the Service Charges for managing my account?

Brokers get a commission fee from every transaction they make. 

And as you know, commission for them is a cost for you, depending on the transaction amount when you buy stocks and bonds.


You can compare costs between different brokers by asking the percentage they charge as a brokerage fee (Brokerage Commission).

Next question is,


  4. Does the broker have Good Customer Service?

Find out if they serve their customers with speed and urgency. 

If you are a part of online personal finance groups in platforms like Whatsapp,

 it will be easy for you to get these answers from other investors.
A good broker must have easily reachable numbers when customers need help.

5. Does the broker do Market Research of the Financial Markets?

A good broker does continuous research and regularly reports on the happenings in the market for the financial assets they deal with.


You can start with just a few names and check out websites and social media pages like Instagram.

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PS:

If you don’t like the service of your first broker, you can always change to another broker for better service.


The important thing is to start. Do not hesitate to start!

Money-ly Yours,

Gracing Money!

References:

1] Frequently Asked Questions About Dar-es-Salaam Stock Exchange Document

2] Dar-es-Salaam Stock Exchange, dse.co.tz

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]]> Inside The Tanzania’s Stock Market: With 21,561,225,960/= in Daily Transactions https://gracingmoney.com/inside-the-tanzanias-stock-market-with-21561225960-in-daily-transactions/ Thu, 16 Oct 2025 12:37:35 +0000 https://gracingmoney.com/?p=2167 Discover how to benefit from the Tanzania’s stock market (DSE: Dar-es-Salaam Stock Exchange)

The following is the report of the daily transactions in the  Dar-es-Salaam Stock Exchange (DSE), on July 14, 2025.

For Stocks Transactions, and

Bonds Transactions.

The DSE was established in 1996, and just like Kariakoo, Mbagala Markets…


DSE is a market with money products, like Stocks and Bonds.

The market is active from Monday to Friday, 4 am to 10 pm. And the market usually closes on holidays.

Firstly, the most important thing before any investment is to know what you are going to invest your money in.

The right literacy is your proper foundation.

For Bonds,

There are Treasury Bonds from the government and Corporate Bonds from institutions.


Active bonds are those whose maturity period is not complete.


Although the minimum investment of a bond can range from 500,000/= to 1,000,000/=, bonds are sold in multiples of 100,000/=.

Retail investors who cannot start with that initial amount can collect their funds, as in Mutual Funds of Investment, and

…buy bonds through a broker. A broker buys stocks and bonds on your behalf, because

an investor does not buy and sell bonds or stocks solely but only through a broker.

Choosing a broker who will represent you is your responsibility.

In Stock,

This market now has an online platform known as ‘Hisa Kiganjani’…

you can download the phone app with the same name, then follow the instructions to register and choose your broker.

At the market, you will see,


✔ company stocks and their stock prices

✔ the number of shares sold at the time ‘Buy Stock’

✔ sell and buy orders you place in the market ‘Buy Orders, Sell Orders’

✔ the amount of stocks and bonds you own (completed transactions) ‘Holdings’

✔ companies that are selling shares for the first time; ‘IPO – Initial Public Offering’

✔ information about your account, accounts of minors (if present), and your broker’s information ‘Account Information’

Normally, stocks and bonds are bought at an auction, like the physical auctions we know.

Something is publicized for sale, people offer better prices than others to buy it.

Using the ‘Hisa Kiganjani’ app to buy shares, you place an order to buy ‘buy order’,…

then you will make the payment through the control number and you will wait until 3 working days to find out if,

your purchase order was accepted ‘fulfilled‘,the order has expired, and you will have to buy again ‘repost order’.

When your buy is completed, your broker sends you the transaction receipt.

For any technical challenges you can contact your broker or DSE customer dials to get help within the active time of the market.

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PS:

The minimum amount for you to start in stocks is only 10 shares! You don’t need millions to get started.

Money-ly Yours,

Gracing Money!

Marejeo:

1] Frequently Asked Questions About Dar-es-Salaam Stock Exchange Document

2] Dar-es-Salaam Stock Exchange, dse.co.tz

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]]> For Those Who Want To INVEST IN STOCKS but Have Failed to Start https://gracingmoney.com/for-those-who-want-to-invest-in-stocks-but-have-failed-to-start/ Thu, 16 Oct 2025 11:52:16 +0000 https://gracingmoney.com/?p=2144 Want to invest in Tanzanian stocks but feel unsure? Read through if you want to take your first step.

You want to start your journey in stocks but don’t know how…

Or you’ve heard about stocks but would like to know more.

Keep reading and you’ll discover that it is not as difficult as you think.

One American boy started selling soda and newspapers at the age of 6,

…and bought his first shares of the Citizen Service Company at 11 years old.

After making a small profit, he decided to sell them and once he sold them, the stock prices rose rapidly. 

He then learnt the importance of patience in stocks investing.

As a young man, he researched companies and real values of companies so that he could buy stocks of very good companies,


…but at a very cheap price.


He got a friend, by the name of Charlie, who later taught him how to find excellent companies but not necessarily at cheap stock prices.

Starting with his family’s money in investments, this young man bought shares of companies like Coca-Cola, American Express, and Apple.

The young man and Charlie, became business partners and through their company, Berkshire Hathaway,

continued to focus on businesses that are;

✔ easy to understand, 

✔ with good leadership, and 

✔ capable of giving consistent and growing profit.

The name of this man who is currently 94 years old (as of 2025) has a name you have probably already heard,

Warren Buffet.


One share, class A share, of his investment company is sold at more than 725,000 dollars (approximately 2 billion Tanzanian shillings).

So, what are the important things to know before investing in stocks? 

1. The Meaning of Stocks

A stock is a part of ownership of a company or a business. 

The ownership of a company is done in units called shares which are sold at a price relative to the particular company (stock price).

Therefore, if one share of company X is 1,000/=, it means 10,000/= gives you ownership of 10 shares of company X.


You can find out more about the companies in the Dar-es-Salaam Stock Exchange (DSE), through their website.

Examples of Tanzanian companies in the stock market are;

CRDB Bank, NMB Bank, Tanzania Breweries (TBL), and Tanzania Portland Cement (Twiga Cement -TPCC).

2. What are the Advantages of Investing in Stocks?

Due to the demand and supply of stocks in the stock market, stock prices fluctuate (goes up and down).


Individuals and institutions sell shares when they increase in price (capital gain). This is the first benefit.

For instance, 

if you buy one share of company X for 1,000/= shillings and after two months, the share price has become 1,400/=, 

…you have a profit of 400/= for each share you own.

A good example is that in July, 2024, the price of one CRDB bank share was about 600/= shillings, 

but by July 2025, the share price had grown to 840/= shillings.


Investing in stocks can give you significant results when you do it with a long-term mindset.


The second benefit of investing in stocks is to get dividend income, which companies usually give once per year.

With respect to the revenue generated in a fiscal year, some companies distribute a part of their profit to investors.

When you receive the dividend, you will decide to reinvest them or spend them somehow else.

3. The Challenges of Investing in Stocks

Smart Investing is the one by which you will understand and accept the risks of losing money before making such a decision.


Investing in Stocks has more risk compared to investing in Mutual Funds and Bonds.

Not having the right knowledge before investing in stocks is a challenge that many investors face. So;

✔ Understand the basics of stocks, different companies, price changes, and how to choose the company stock to invest in.

You can get a finance educator or an investment professional to make this task easier for you. 

In mutual funds, investment professionals make investment decisions on your behalf.

✔ Monitor the progress of the company you want to invest in. 

Understanding the financial progress of a company will allow you to decide whether to buy, reduce or re-allocate your shares.

Getting into online personal finance communities (like Whatsapp) will make it easier for you to know,

…what is happening in the stock market.

✔ Invest according to your Risk Appetite.

Stocks can bring about a significant capital gain or capital loss respective of the company performance, 

…so the shares may drop in value or you may not be able to sell any shares when there is no demand for them in the market.

4. Stock Prices and How to Choose

As we saw in the meaning of stocks,

…shares vary in price depending on the respective companies which started from their book value; the real value of the company.

Example, for the companies listed on DSE that sold and bought shares on the 4th of July, 2025,

stock prices ranged from 145/= shillings (DCB: Commercial Bank) to 16,010/= shillings (TCC: Tanzania Cigarette Company – Cigarettes) for one share.

But as in our story about Warren and Charlie, profit does not come from cheap stock prices alone,

…but also from the quality of the company’s operations and its history of generating consistent profits every year.

And our last important thing is,

5. How to Start Investing in Stocks

After getting the right information on stocks and choosing a company to invest in,

you will choose a broker to sell and buy shares on your behalf, and

place your buy order through the Hisa Kiganjani app, the DSE website, or through your broker based on what you agree.

Make the payment through the control number provided to you and wait up to 3 working days,

to know if your purchase order has been fulfilled or expired and will have to repost it again.

When your purchases are completed, your broker will send you the transaction receipt.

If you want to know how stock prices relate to the return you get, you can read here.

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PS:

Your goals make your journey to financial freedom easier.

Start today!

Money-ly Yours,

Gracing Money!

References:

1] Dar-es-Salaam Stock Exchange Market Report, Friday, 4th July 2025.

2] Dar-es-Salaam Stock Exchange, dse.co.tz

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]]> 5 Simple Things to Know BEFORE CHOOSING THE MUTUAL FUND That Matches Your Goals https://gracingmoney.com/5-simple-things-to-know-before-choosing-the-mutual-fund-that-matches-your-goals/ Thu, 16 Oct 2025 05:07:20 +0000 https://gracingmoney.com/?p=2125 Read this before picking the mutual fund, among many out there, that matches your financial goals. It’s not as confusing as you think.

You have heard about multiple mutual funds,

…and don’t know how to choose the right investment fund.

If this is you, by the end of this message, you will have the answers you have been looking for.

But, start here if you have never heard of mutual funds.

There are more than 15 mutual funds, some of them including;

✔ Umoja Fund (UTT Amis)

✔ Watoto Fund (UTT Amis) 

✔ Bond Fund (UTT Amis)

✔ Liquid Fund (UTT Amis)

✔ Faida Fund

✔ M-Wekeza, and

✔ Sanlam Pesa Money Market Fund

Mutual funds are differentiated by their unique benefits, which makes the important question to be,

What is your goal/intention?

This is one simple question that if answered, will make your choice easy.

The first thing to know;

1. The Kind of Profit the Fund Generates

The two (2) main advantages of mutual funds are Capital Gain and Dividend Income.

This means that the fund you are looking for either focuses on;

…raising capital or paying back an income.

Of the 7 examples of funds mentioned above, Watoto Fund and Umoja Fund give capital gain and Bond Fund pays back an income.

Secondly,

2. Unique Benefits of the Fund


The fund may be raising capital or generating income but can have a special benefit that you don’t need.

Example;

Watoto Fund directly benefits children. Therefore, you may want capital gain but the fund would not be fit for you.

Wekeza Maisha Fund grows your capital but won’t be able to withdraw your funds for the first 5 years. 

This fund benefits more those who are preparing to retire.

Bond Fund gives a dividend/an income in a monthly plan or semi-annual plan, which means…

…if you want quarterly dividends, you would have to choose another fund.

3. The Minimum Amount to Invest

It is important to know the minimum investment amount for that respective fund.

The minimum amount for mutual funds such as Umoja, Watoto, Faida, M-Wekeza is 10,000/=, 50,000/= for the Bond Fund…

100,000/= (for Liquid and iCash Funds), all depending on the type of income it provides, whether it is an income or capital growth.

4. Investment Period

You can choose a fund that matches the time you want to invest, if it is short term or long term.

Lock-in Period:

Mutual Funds like Faida, Watoto and Wekeza Maisha can take from 3 months to 5 years of restricted withdrawal of funds.

So before choosing a fund, decide if you will not need to withdraw money during the entire period of investment.

Lastly,

5. The Ease of Cashing Out (Liquidity)

Apart from the lock-in period,

You should know how long it will take for you to get your funds after the application to withdraw money,…

How much time is convenient for you?

Which fund is right for you when you need money quickly?

Withdrawal time can range from 3 to 10 working days (example, the Liquid Fund, Umoja, and Timiza) or

an instant withdrawal from M-Wekeza (by Vodacom na Sanlam Investments).

Stay updated on our Instagram for free content, and click the button below to join the WhatsApp GM Free Community.

I Want to Join the GM Free Community!

PS:

Your goals make your journey to financial freedom easier.

Start today!

Money-ly Yours,

Gracing Money!

Marejeo:

1] UTT-AMIS, uttamis.co.tz

2] Watumishi Housing Investment, whi.go.tz

3] M-Wekeza, vodacom.co.tz

4] Sanlam Pesa Money Market Fund, invest-tz.sanlameastafrica.com

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