Tanzania Securities Limited (TSL) was incorporated in 1994 under the Companies Ordinance (Cap 212) with Certificate of Incorporation No. 25380 as a securities brokerage and investment advisory company. TSL is licensed by the Capital Market and Securities Authority of Tanzania (CMSA) as a broker-dealer, an investment advisor and a fund management firm. TSL is also a Licensed Dealing Member (LDM) of the Dar es Salaam Stock Exchange (DSE) and is an approved primary and secondary dealer of Government Securities which include Treasury Bills and Treasury Bonds.