The Dar es Salaam Stock Exchange (DSE) saw an increase in turnover last week as investors scooped up commercial banks’ shares in order to cash in on their [banks’] recently disclosed favourable financial results.

VODACOM Tanzania and Tanzania Breweries Limited (TBL) collectively accounted for 28 per cent of total equity turnover realised on the Dar es Salaam Stock Exchange (DSE) for the first nine months this year.

NICOL Investment Company Plc has endorsed a 20/- dividend per share to its shareholders.

VODACOM Tanzania Plc has registered 4.7 per cent increase in service revenue attributed to a strong performance in the data segment, recovery in M-Pesa usage and double digit growth in revenue from fixed services.