Dar es Salaam, May 27 -- A SURGE of dividend declarations has booster investor appetite and participation in the Dar es Salaam Stock Exchange (DSE), driving weekly turnover to a record 37.98bn/- for the week ending May 23rd, a remarkable 765 per cent increase from the previous weeks 4.39bn/-.

This marks the highest weekly turnover recorded so far in 2025 and cements a renewed bullish sentiment in the local equity market.

Dividends Steal the Spotlight

The primary catalyst? A wave of generous and in some cases, historic, dividend announcements by several listed companies. Leading the charge is Tanzania Cigarette Company (TCC) at 850/-, the highest in its payout history followed closely by Tanzania Breweries Limited (TBL) with a hefty 818...