DAR ES SALAAM, June 16 -- MKOMBOZI Commercial Bank (MKCB) shares have rallied 80 per cent year-to-date to 1,010/-, making it one of the top performers on the Dar es Salaam Stock Exchange (DSE).

The rally underscores a revival in investor sentiment, driven by improved earnings and the reinstatement of dividend payments after a prolonged suspension.

A pivotal development came with the boards decision to resume dividend payments, marking the first such move in six years. The declared dividend of 92/40 per share translated into a yield of 14.44 per cent based on the prevailing market price of 640/-, offering investors a tangible return and a signal of renewed financial stability.

MKCB Managing Director Respige Kimati (pictured) told ‘...