We are one of the founder members of the Dar es Salaam Stock Exchange (DSE). The company is licensed as Stockbrokers/ Dealer, Fund Manager, and Investment advisory by the Capital Markets and Securities Authority (CMSA).
SOLOMON Stockbrokers is also licensed as Primary Dealer of Government Securities by the Bank of Tanzania. The Brokerage firm has established itself as a reliable and efficient member of the stock brokerage community.
Since registration in 1996, SOLOMON has gained experience in financial markets and has built a strong portfolio of clientele enjoying different types of products and services.
Our customer base ranges from institutional clients, the category that includes pension funds, insurance firms and agencies.
The other category of our customer base is segmented into high net worth individuals, managed accounts and managed advisory services while the retail category is made up of individuals, families and retirees.
Our client base makes SOLOMON one of the broker that drives good business volume at DSE making us lead in fixed income security transactions in 2009-2012.
As one of the biggest stockbrokers, SOLOMON has led in shareholders equity in 2013/14, 2014/15 and 2016/17 and also received an award for “Most Applications” collected during Vodacom IPO in 2017.
In the same year, the company also participated in making the biggest single transaction in a day, in the history of DSE of about TZS 80 billion.