Who holds and safeguards Tanzania Securities Limited's funds, how its board is appointed, and how conflicts of interest are disclosed. These facts apply across every fund Tanzania Securities Limited runs.
- Trustee / Custodian
- CRDB Bank Plc
- A commercial bank licensed to carry out banking business under the Banking and Financial Institutions Act. Incorporated in 1996, Certificate of Incorporation No. 30227. Approved by CMSA as Custodian of the Scheme. Registered office: Ally Hassan Mwinyi Road, P.O. Box 268, Dar es Salaam.
- Board
- Private company board: the Board of Directors is drawn substantially from one extended family and its associated holding company -- the Chairman (Justin Ernest Massawe), and fellow directors Andrew Ernest Massawe and Maryanne Ernest Massawe, are all directors of Erncon Holdings Limited alongside their TSL board seats. Governance runs through the Board itself; no separate Audit/Risk committee structure is described in the offer document (Orbit's offer document, by contrast, describes an explicit Audit and Risk Committee).
- Auditor
- Forvis Mazars (85, Kinondoni 14112, Regent Estate, Mikocheni, P.O. Box 78999, Dar es Salaam)
- Legal advisor
- LAWHILL (Kinondoni, P.O. Box 105646, Dar es Salaam)
- Registrar
- Tanzania Securities Limited (self-registrar; same registered address as the Manager -- Alfa Plaza, Chaburuma Street, P.O. Box 9821, Dar es Salaam)
- Related-party disclosure
- TSL shall not invest in "Imara Fund".
- Regulator
- Capital Markets and Securities Authority (CMSA) -- a copy of the Offer Document has been delivered to CMSA for approval, and the securities offered have not been approved or disapproved by the Authority. TSL itself has separately been licensed by CMSA and the DSE since 1998 for brokerage, corporate advisory and fund management services.
- Ownership
- private
- Complaints / queries
- Complaints are directed via the Investor Service/Complaint Form (available at TSL offices and on its website) to the Chief Executive Officer, Tanzania Securities Limited, Alfa Plaza, 2nd Floor, Office No. 201, Chaburuma Street, P.O. Box 9821, Kinondoni, Dar es Salaam (Tel +255 753/653/690 011 994, Fax +255 22 2112809, Email invest@tsl.co.tz, Website www.tsl.co.tz). TSL may, at its sole discretion, designate an 'Investor Relation Officer' for the Scheme. An investor dissatisfied with how the Manager has handled a grievance may appeal to CMSA, and beyond that to the Capital Markets and Securities Tribunal (CMT) or other legal remedies.
Reviewed 2026-09-01.