Capital Market and Securities Authority

The Capital Markets and Securities Authority (CMSA) is delighted to announce the top winners of the Capital Markets Universities and Higher Learning Institutions Challenge (CMUHLIC) 2025.

This year’s challenge attracted an impressive 28,393 students from universities and higher learning institutions across Tanzania, reflecting growing awareness and enthusiasm for capital markets education and investment culture among the youth.

Following a series of competitive rounds, the most outstanding students have emerged as national winners. They are invited to attend an oral interview and the Award Giving Ceremony, scheduled as follows:

🏆 Award Giving Ceremony

📅 Thursday, 27th November 2025
📍 Bank of Tanzania Conference Centre, Dar es Salaam

💬 Oral Interview

📅 Tuesday, 25th November 2025
📍 Hyatt Regency Hotel, 24 Kivukoni Road, Dar es Salaam
⏰ Reporting Time: 07:30 a.m. (for identification and interview)

CMSA extends sincere congratulations to all winners, ambassadors, and participating institutions for their dedication, innovation, and passion in advancing financial literacy and investment awareness across Tanzania.

Together, we are building an informed generation of investors ready to drive the future of Tanzania’s capital markets. 🇹🇿📈📥 Download Full List of Winners