CMSA seeks inclusive access to investment education
DAR ES SALAAM: The Capital Markets and Securities Authority (CMSA) has emphasised the need to make investment education accessible to all citizens, regardless of physical ability or economic background, to promote wider participation in the country’’s investment markets.
Speaking in Dar es Salaam today during a financial education session for people with disabilities, CMSA Head of Public Relations Charles Shirima said empowering citizens with financial knowledge was essential to unlocking domestic savings and promoting inclusive economic growth.
He said the campaign was part of World Investor Week, a global initiative organised by the International Organisation of Securities Commissions (IOSCO) to raise awareness of safe and informed investing.
Mr Shirima said encouraging more people to invest was important for building personal wealth and strengthening the national economy.
He said CMSA had partnered with the Tanzania Federation of Organisations of Persons with Disabilities (SHIVYAWATA) to equip participants with practical knowledge of investment opportunities.
The training covered how capital markets operate, how to buy shares and how to manage personal finances effectively.
Mr Shirima added that CMSA used various platforms, including physical workshops, online webinars and social media, to reach students, teachers, local leaders and the wider public.
He said the authority aimed to create a more inclusive investment environment by ensuring that people from different backgrounds had the knowledge and opportunity to participate in capital markets.
SHIVYAWATA Secretary-General Jonas Mbago said the training had helped simplify complex financial concepts and introduced participants to alternative ways of managing their savings.
He noted that many people in his community had kept their savings at home or in bank accounts offering low interest, limiting opportunities to grow their money.
“This training has introduced us to new ways of investing that can truly improve our financial security,” he said, urging the government to expand such programmes nationwide.
Ms Dorothy Malechela, chairperson of an association representing people with psoriasis, a chronic skin condition that causes thick, scaly patches, said people needed to move beyond keeping money in non-productive forms and explore regulated investment opportunities.
She said proper financial planning could help individuals grow their businesses, improve their financial security and achieve long-term goal
