Tanzania plans to list up to five state-owned enterprises on the Dar es Salaam Stock Exchange by the end of the 2026/27 financial year, a move aimed at broadening public ownership, mobilising investment capital and deepening the domestic capital market.

Treasury Registrar Nehemia Mchechu announced the plan at the close of the 13th Building African Financial Markets Forum in Dar es Salaam. He said the government has completed internal assessments of the corporations that could be brought to market and has instructed selected institutions to begin preparing for the listing process.

The first stage will focus on two public corporations, with the possibility of four or five listings if preparations proceed as planned. The names of the institutions will be disclosed only after the required approvals are obtained from the Capital Markets and Securities Authority and the DSE.

The proposed listings would give Tanzanians a direct route to own shares in public corporations while subjecting listed entities to stronger disclosure, transparency and corporate governance standards. For state-owned enterprises, that could add market discipline alongside existing government oversight and reduce reliance on public financing for commercial growth.

The forum brought together delegates from more than 16 African capital markets and international institutions under the theme of driving market growth through innovation, integration and inclusive participation. Discussions covered domestic savings mobilisation, infrastructure financing, retail investor participation and the role of exchanges in supporting economic growth.

The plan comes after several years without a major initial public offering in Tanzania since Vodacom Tanzania's 2017 listing. For brokers and capital-market operators, a pipeline of state-enterprise listings would add fresh supply to the market and could help convert rising interest in digital investing into broader equity ownership.