Title:
EXAMINATION OF THE FACTORS HINDERING THE GROWTH OF DAR ES SALAAM STOCK EXCHANGE

Authors:
Vumi Robert Millinga and Gwahula Raphae

Abstract:
This study reflects on assessment of factors hindering the growth of Dar es Salaam Stock Exchange market. Four examined variables such as money supply exchange rate, inflation rate and interest rate were considered. The study employed quantitative approach where four variables were tested by hypothesis. The multiple regression model is used to relate the macro economic variables and Dar es Salaam stock exchange index. The findings in this study revealed that, four investigated variables in this study, one which is interest rate was found to have the negative relationship with Dar es Salaam Stock Exchange index. The inflation rate, exchange rate and money supply were statistically insignificant explaining the variability of Dar es Salaam Stock Exchange market. The study recommends that, the government should manage well the macro-economic policies in order to give confidence to our investors and attract new investors.