Women urged to take decisive steps towards wealth creation

DAR ES SALAAM: WOMEN have been urged to take deliberate and timely action to build, grow and safeguard their wealth, as part of wider efforts to strengthen financial independence and bridge persistent gender gaps in economic opportunities.

The call was made over the weekend during the second edition of the Women Shaping the Future 2026 workshop, organised by Studio red Communications (SRC).

Stakeholders at the forum emphasised the need for women to move beyond earning income and instead focus on building, protecting and sustaining wealth across generations.

SRC Co-Founder and Managing Partner Doris Rwebangira said that while many women are earning, relatively few are equipped with the knowledge and strategies needed to grow and preserve their wealth over the long term.

“Income alone often remains vulnerable, especially when disrupted by unforeseen circumstances,” she said, adding that long-term financial stability requires intentional planning, resilience against economic shocks and strategies that create lasting opportunities for future generations.

The workshop provided a platform for participants to adopt a more strategic approach to their finances, with a strong emphasis on wealth preservation, long-term planning and intergenerational impact.

More than 200 women leaders, professionals, entrepreneurs and policymakers attended the forum, signalling a shift from dialogue to action under this year’s theme, ‘build wealth, build power’.

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Head of Research and Advisory at Tanzania Securities Limited, Urasa Sarakikya, called for greater participation of women in capital markets.

He pointed to opportunities available at the Dar es Salaam Stock Exchange, including shares, bonds and collective investment schemes.

“Women currently make up about 30 per cent of investors, and this number is steadily rising as financial awareness improves. Expanding financial literacy will be key to ensuring more inclusive participation,” he said.

Meanwhile, Alliance Life Assurance’s Bancassurance Manager Ms Tumaini Pyanisa underscored the importance of protecting wealth alongside building it.

She said that while many individuals focus on earning and investing, asset protection is often overlooked until a crisis occurs.