What launch of Ziada Fund means for investors seeking new options

Ziada Fund’s initial offer period runs from January 26 to February 25, 2026. The launch was officiated by the Chief Executive Officer of the Capital Markets and Securities Authority (CMSA), CPA Nicodemus Mkama, and attended by representatives from the Bank of Tanzania, the Dar es Salaam Stock Exchange (DSE), pension funds, fund managers, brokers, banking and insurance institutions, as well as members of the media.

Designed as a disciplined money market portfolio, Ziada Fund enables investors to save and grow their money while enjoying the added benefit of life insurance protection for eligible individual investors.

The fund also offers flexibility, allowing investors to start easily, top up at any time and access their funds within three working days. Speaking at the launch, APeF Chief Executive Officer, Mr Mfaume Kimario, said the fund was designed for investors seeking a simple, stable and trustworthy investment option without sacrificing liquidity.

“Ziada is built for investors who want a straightforward way to grow their money without locking themselves out of access,” he said.

He said that eligible investors qualify for life insurance cover once their net asset value reaches Sh250,000, with coverage equivalent to 50 percent of the net asset value, capped at an insured value of Sh100 million and a maximum payout of Sh50 million.

Speaking on behalf of the APeF chairman and board, an APeF board member, Dr Hamisi Kibola, congratulated CMSA for the progress made in developing Tanzania’s capital markets and nurturing the vibrancy currently seen in the sector.

He noted that Tanzania’s savings rate remains below three percent, calling for closer collaboration among regulators and financial sector players to build a stronger savings culture anchored on professionalism, trust, financial literacy and ease of access.

Dr Kibola said APeF was established with innovation at its core, aiming to widen practical pathways for saving and investing through unit trust schemes and private pension plans that integrate insurance solutions with capital markets.

Ziada Fund has been developed in partnership with key institutional players, with Alliance Life Assurance Limited serving as the insurer and National Bank of Commerce as custodian and trustee.

Investors can access the fund through collecting banks including CRDB Bank, NMB Bank, Exim Bank, Azania Bank, Coop Bank, National Bank of Commerce and Mwanga Hakika Bank, as well as through licensed dealing members of the DSE and APeF’s digital platforms.

“We invite Tanzanians to make saving a habit through Ziada,” Mr Kimario said. “Consistent saving strengthens families, uplifts communities and supports national development. Ziada offers a simple place to start, to grow steadily and to protect what matters most.”