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Awareness and Participation of Locals in the Stock Exchange Market

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Awareness and Participation of Locals in the Stock Exchange Market
TUMAINI UNIVERSITY
IRINGA UNIVERSITY COLLEGE
FACULTY OF BUSSINESS AND ECONOMICS
BACHELOR OF BUSINESS ADMINISTRATION (BBA3)

RESEARCH REPORT

ON

AWARENESS AND PARTICIPATION OF LOCALS IN THE STOCK EXCHANGE MARKET CASE STUDY: DAR ES SALAAM STOCK EXCHANGE

SUBMITTED BY:
MWANAARAB RAJAB

ACKNOWLEDGEMENT

My gratitude goes first and foremost to God who enabled me to complete this research as well as my studies. I would like to convey my gratitude to my parents, godmother and family who raised me and provided me the opportunity to focus on studies. Thirdly, my gratitude goes to Tumaini University College for nurturing my talents and teaching me so many new things. Thanks to all the lecturers and staff that facilitated my education directly and indirectly. I would be wrong if I did not convey my gratitude to my many friends who kept me going during all those hard study times and when school was tough to handle alone. Lastly but not least, I would like to thank all the people who accepted to answer my unending questions about this research and accepting top fill my questionnaires as well as giving me assistance. Many thanks goes to Mr. Enock Ugulumu, Ms. Kettie Chipeta, Ms. Irene Alenga, Mr. festo Maro, Mr. Ernest Chiwenda, ms. Rahma Sibuma, Mrs. Fatma Salum Makaranga, Mr. Karrym Mbowe, Ms. Awema Hassan, Mr. and Mrs. Steve Ngalo, and to many others whom I may not have mentioned.

ABSTRACT

This research focused on the level of awareness and the extent to which locals participate in the stock market. In talking of locals, we are referring to the average Tanzanian who is not extremely rich as the case is for the minority in Tanzania. This research aimed at identifying the sources of the problem of lack of participation of locals in the stock market and possible benefits that would have been accrued if the locals participated in the stock exchange market.

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