Directory · Broker

Tanzania Securities Ltd (TSL)

Researched· 2026-05-15

Visit tanzaniasecurities.co.tz ↗ Last checked 2026-05-15

Based in
Tanzania
Markets covered
Client focus
retail
Recommendation
Workable — but needs a Tanzanian bank account + phone number

Status: Researched, with primary-source email correspondence (Lilian Kanje, TSL, 15 May 2026). See the Tanzania country page for the full picture.

Why this entry matters

Most Tanzanian broker websites make foreign access look simpler than it is. Direct correspondence with TSL surfaced the non-obvious reality:

“You need to have local phone number from Tanzania. You need to have local Bank account from Tanzania.” — Lilian Kanje, TSL, 15 May 2026

The real constraint

The Tanzanian local bank account is the structural barrier — it typically requires physical presence or a correspondent banking relationship. The phone number is solvable (eSIM / correspondent SIM). If you can open a Tanzanian bank account (e.g. on a visit, or via an existing African banking relationship), TSL and peers become viable; if you can’t, the offshore route — Kenya NSE cross-listings and AIM resource names — covers the most-investable Tanzanian themes without any of this.

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