| |
Equity
Considerations |
Brokerage
Commission
(%) |
Transaction
Fee
(%) |
Fidelity
Fund
Fee
(%) |
Total
Cost to
Investor
(%) |
On the first
Tshs 10 million |
1.70 |
0.28 |
0.02 |
2.00 |
On the next
Tshs 40 million |
1.50 |
0.28 |
0.02 |
1.80 |
On any sum above
Tshs 50 million |
0.80 |
0.28 |
0.02 |
1.10 |
|
For equities the minimum commission chargeable is Tshs 1,000
Bonds
Transaction Size |
Applicable Commission (%) |
Up to Tshs 40 million |
1/16 |
On any additional amount exceeding Tshs 40 million |
1/32 |
|
For bonds the minimum commission chargeable is Tshs 5,000
CDS Fees
S/NO. |
CATEGORY OF FEES/SERVICE |
MIMs |
EGMs |
(i)
|
Transaction Fee
|
0.05% subject to the maximum of Tshs 1,000
|
0.05% subject to the maximum of Tshs 1,000
|
(ii)
|
Custody Fees
|
Tshs 1,000
|
Tshs 1,000
|
(iii)
|
Consolidation Fees
|
Tshs 1,000
|
Tshs 1,000
|
(iv)
|
Re-Issue Fee (Per- CDS Receipt)
|
Tshs 2,000
|
Tshs 2,000
|
(v) |
Private Transfer Fees |
Tshs 1,000 |
Tshs 1,000 |
(vi) |
Issue of Statements on request |
Tshs 5,000 |
Tshs 5,000 |
(vii) |
Withdrawal Fees |
Tshs 50,000 |
Tshs 50,000/= |
(viii) |
Mortgaging and Releasing of Mortgages |
Tshs 10,000 |
Tshs 10,000 |
(ix)
|
Processing of IPO
|
0.5% of market capitalization subject to a minimum of Tshs 2 million and maximum of Tshs 10 million |
0.25% of market capitalization subject to a minimum of Tshs 1 million and a maximum of Tshs 5 million |
(x) |
Processing of a non-listed company’s register |
Tshs 15,000,000 |
Tshs 7,500,000 |
(xi) |
Change of LDM by CDS account holder |
Tshs 1,000 |
Tshs 1,000 |
|
Listing Fees for Equities
|
MIMs |
EGMs |
Initial Listing Fees (when a company comes to the market for the first time)
|
0.2% of the market capitalization subject to a minimum of TZS 2 million and maximum of TZS 20 million.
|
0.1% of market capitalization subject to a minimum of TZS 1 million and a maximum of TZS 10 million.
|
Additional Listing Fees (payable by a company already listed when seeking listing of additional securities)
|
0.02% of the market capitalization of additional shares subject to a minimum of TZS 2 million and a maximum of TZS 20 million.
|
0.01% of market capitalization subject to a minimum of TZS 1 million and a maximum of TZS 10 million.
|
Annual Listing Fees (payable annually by all listed companies)
|
0.05% of the market capitalization of listed securities at a particular date subject to a minimum of TZS 2,000,000/= and a maximum of TZS 10,000,000/=
|
0.025% of market capitalization subject to a minimum of TZS 1 million and a maximum of TZS 5 million.
|
|
Listing Fees for Bonds
Initial Listing Fees (when a company comes to the market for the first time)
|
0.05% of the value of the securities to be listed subject to a minimum of TZS 500,000/= and a maximum of TZS 5,000,000/=
|
Additional Listing Fees (payable by a company already listed and is seeking listing additional securities)
|
0.025% of the market value of the additional securities subject to a minimum of TZS 250,000/= and a maximum of TZS of TZS 2,500,000/=
|
Annual Listing Fees (payable annually by all listed companies)
|
0.0125% of the market capitalization of listed securities at a particular date subject to a minimum of TZS 500,000/= and a maximum of TZS 2,500,000/=
|
|
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