Zan Securities and Mwanga Hakika Launch Timiza Fund

Published on 27 Feb 2026
The bond, named TIMIZA FUND, was officially inaugurated by Hon. Deputy Minister of Industry and Trade, Mr. Exaud Kigahe, at the Serena Hotel in Dar Es Salaam. The event was attended by notable figures including Mr. Raphael Masumbuko, CEO of Zan Securities, Ms. Mary Mniwasa, CEO of the Dar Es Salaam Stock Exchange (DSE); a representative of the CEO of the Capital Markets and Securities Authority (CMSA) and Mr. Jagjit Singh, MD of Mwanga Hakika Bank. We are appreciate the approval from the regulators CMSA and Bank of Tanzania ( BOT). This opportunity will bring growth in Wealth of our people through investment culture.
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