Dar es Salaam, Feb. 27 -- TANZANIA: THE number of new investors in the countrys capital markets has quadrupled in just one year, driven by the adoption of the Mobile Trading Platform (MTP), according to a new report by Vertex International Securities (VIS) Ltd.
The 2024 Capital Markets Review report reveals that new investors surged to 22,774 by December last year, up from approximately 5,700 in the corresponding period of 2023. Individual investors accounted for 89 per cent of these new participants.
Presenting the report, VIS Manager of Research and Analytics, Mr Beatus Mlingi, stated that mobile trading platforms have significantly enhanced retail investors access to capital markets.
“This digital evolution has paved the way f...
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