Dar es Salaam, Aug. 5 -- IN a week marked by both central bank treasury bond auction and pivotal earnings releases, Tanzanias equity market displayed vigour, with total turnover surging by 45.6 per cent week-on-week to 24.0bn/-.

This rebound in activity, particularly significant given that it occurred during a week with a treasury bond auction, I found particularly interesting.

Notably, the upswing in equity turnover was possibly anchored by the release of financial statements from key banking institutions, most notably CRDB, NMB, MBP and MKCB, which acted as powerful catalysts for capital rotation into equities.

As has become a familiar pattern, the markets breadth remained narrow, yet impactful. Tanzania Breweries Limited (TBL) and C...