Mon-Fri 8:00am - 5:00pm +255-22-211 1758 orbit@orbit.co.tz

Who We are?

About Orbit Securities

Established in 1996, ORBIT is a key member of the Dar es Salaam Stock Exchange (DSE), holding licenses from the Capital Markets & Securities Authority (CMSA) and the Bank of Tanzania [BOT].

With over a decade of market dominance, ORBIT offers services such as Stock Broker/Dealing, Primary Dealing in Government Securities, Sponsoring Broker for DSE listings, and Advisory and Corporate Finance Services.

ORBIT's comprehensive financial consultancy includes funding proposals, financial product structuring, merger and acquisition, investment policy, business plans, risk management, and financial training. This positions ORBIT as the ideal partner for clients seeking a holistic suite of financial services and consultancy expertise.

Vision

Our Perspective

Sustaining the position as the market leader in the country, become the most respected stockbrokerage firm in the region, and graduate into investment banking.

Mission

Our Goal

Delivering quality services and innovative products in Tanzanian and global capital markets. We prioritize staying updated, ensuring customer satisfaction, and remaining competitive and profitable. Our commitment is to provide clients with value through research, tech adaptation, and continuous improvement.

The Management Team

The Cornerstones Of Our Leadership

Meet our distinguished management team, dedicated to leading our company with expertise, integrity, and a commitment to excellence.

Orbit's CEO, Godfrey, excels in financial markets, demonstrating success in profit growth and leadership. With extensive experience in fund management, capital market products, including IPOs, and corporate debt issuances, he formerly served as the Director of Corporate Finance. Godfrey holds an ADR Licence under Capital Markets and Securities.

Godfrey Gabriel
Executive Director/CEO

Oversees company operations, and manages market regulatory issues. Licensed as an ADR and NAR by CMSA, he holds an MBA in Finance from Wales University, UK, and a BBA (Hons.) in Business Administration from Tumaini University

Juventus Simon
Exceutive Director of Operations & Trading

A finance and accounting expert at Orbit Securities, excels in investment management and advisory roles. Holding an MBA in Finance from the University of Wales (UK) and a BBA in Accounting from Tumaini University, Tanzania,

Gideon Ligate
Exectuvie Director of Corporate Finance, Advisory & Compliance

With 25+ years' experience, Fortius holds an MSc in Finance from the University of Strathclyde/Institute of Finance Management (UK/IFM) since 1998 and is a CPA-T since 1995. Specializing in finance, accounting, fund management, and consultancy, he excels in structuring bonds and investment placement, holding an ADR Licence under Capital Markets and Securities.

Fortius Rutabingwa
Head of Research and Market Development

A finance and administration professional with 30+ years' experience in capital markets, excels in leadership and problem-solving. With an MSc in Accounting & Finance from Mzumbe University, she oversees staff well-being and ensures optimal work performance

Sibilina Weria
Head of Finance & Administration

With 25+ years in capital markets, Ms. Mosha excels in customer service and DSE trading coordination. Managing Treasury bills and bonds via the Bank of Tanzania, she oversees secondary market trading at the DSE and handles foreign client business. She holds a CMSA license as an Authorized Dealing Representative.

Radegunda Mosha
Head of Trading & Customer Service

Mr. Derick, Advocate of the High Court, oversees legal compliance at Orbit Securities, providing key advice to investors. With securities market experience, he holds an LLM, a Diploma in Legal Practice, and a CISI Certificate

Derick Alcard
Legal Counsel and Company Secretary
FAQs

Answers To Commonly Asked Questions

Welcome to the Frequently Asked Questions section, where we address common inquiries about our stock brokerage services.

A Stock Exchange is a market where investors buy and sell listed securities (shares, bonds, etc.). It differs from an IPO, where securities are bought directly from the issuing company.

A DSE Licensed Broker or Dealing Member is a company licensed by CMSA to trade securities on the DSE. Investors must place orders through a broker to buy or sell shares/bonds.

A share is a unit of ownership in a company. Shareholders or stockholders collectively own the shares.

Open an account with a broker by providing personal details and completing the CDS Depository Account Application Form. Required documents include identification, address, and bank details. For companies and partnerships, additional documents like incorporation certificates and financial statements are needed.

Contact your broker or NMB (agent) to place an order. You can place a market order (at market price) or a limit order (at a set price).

A Brokerage Agent (e.g., NMB) acts on behalf of a licensed broker. NMB does not hold a brokerage license but acts as an agent.

Contact Orbit or NMB staff to fill and submit a cancellation form.

Submit a police loss report and client identification to the branch staff, who will forward it to the custody unit at the head office.

Provide your full name, ID number, telephone, or address to branch staff, who will search for the CDS account number while you wait.

Fill an amendment form, submit a copy of ID, and pay TZS 5,000 for address changes.

Submit identification to establish the relationship, an official letter of intent, and fill the transfer form. A fee of TZS 5,000 per CDS applies.

Provide a death certificate, family minutes, probate and administration documents, identification of the administrator and inheritors, and an inventory stamped by the High Court.

Fill in mortgage forms, submit ID, and pay a fee of TZS 20,000.

The market is pre-funded, so you must pay at the time of placing your order.

Anyone with surplus funds, regardless of income level, can invest. Do not invest money needed for immediate living expenses.

Brokers act on behalf of investors, offering advice and handling transactions.

Brokers charge a 2.4% commission on each transaction, as fixed by the DSE.

A dividend is a proportionate distribution of a company's earnings to its shareholders.

You must own the stock before the ex-dividend date to receive the dividend.

To get returns on their investments. Shares are typically long-term investments.

Share values can fluctuate based on company performance and economic conditions.

Contact a stockbroker like Orbit Securities, authorized by the DSE.

Research the company, seek professional advice, understand financial statements, and monitor your investments.

Clearly state your investment objectives, seek advice, and maintain timely transactions.

The DSE maintains a Fidelity Fund Account to compensate investors for losses due to broker fraud or negligence.

Prices are influenced by supply and demand, investor confidence, and company performance.

Trading sessions are from 10:30 AM to 4:00 PM on business days, subject to change by the Exchange.

Choose a broker, place an order, and the broker completes the trade when a suitable price is agreed upon with another broker.

Authorized shares are the total number allowed to sell. Issued shares are those given to shareholders. Outstanding shares are currently held by shareholders.

Par value is a random value in the corporate charter. Stated value is determined by the board. Market value is the current exchange value.
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Orbit Securities Tanzania

Delivering quality services and innovative products in Tanzanian and global capital markets. We prioritize staying updated, ensuring customer satisfaction.

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