Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. Equity for Tanzania Limited (EFTA) has recorded a strong uptake of its corporate bond, raising Sh33.04 billion—more than double its initial target of Sh15 billion, representing a subscription rate of 220.24 percent.
The bond, which opened on February 10, 2026, and closed on March 16, 2026, attracted robust interest from both retail and institutional investors, reflecting a growing appetite for fixed-income instruments in the domestic capital market.
