DAR ES SALAAM, Oct. 13 -- THE listing of the Zan Timiza Exchange-Traded Fund (ETF) on the Dar es Salaam Stock Exchange (DSE) is expected to broaden public participation in capital markets by making investment opportunities more accessible to ordinary Tanzanians.

Managed by Zan Securities Limited, the fund attracted strong retail investor interest, with individual investors accounting for 99 per cent of subscriptions during the initial offering, while institutional investors contributed one per cent.

Speaking during the listing ceremony yesterday, Acting Permanent Secretary in the Ministry of Finance and Commissioner for External Payments, Mr Rished Bade said the achievement demonstrated the potential of capital markets to mobilise domes...