BANK OF TANZANIA
FINANCIAL SECTOR SUPPORT PROJECT
CONSULTING SERVICES
CREDIT NO. 4191-TA
EXPRESSIONS OF INTEREST
A STUDY ON THE DEMUTUALISATION STRATEGY FOR THE DAR ES SALAAM STOCK
EXCHANGE (DSE)
1. This request for Expressions of Interest follows the General Procurement Notice (GPN) of this project that appeared in UN Development Business (UNDB) issue number 692 of December 16, 2006.
2. The Government of the United Republic of Tanzania has secured funds from Development Partners towards the cost of the Financial Sector Support Project (FSP). It is intended that part of the proceeds of the funds be applied to eligible payments under the contract for a Study on the Demutualisation Strategy for the Dar Es Salaam Stock Exchange (DSE)
3. The objective of the Study is to come up with a suitable demutualization strategy and a road-map that is acceptable to policy makers, financiers and other stakeholders. The recommended road map will have to conform to the legal framework including the Capital Markets and Securities Act, 1994 and the Companies Act, 2002 (Cap. 212 R.E). The road map will also outline the possible debt/equity/other funding of the demutualised Exchange capital structure.
The output of the project will feed into both Capital Markets and Securities Authority and DSE institutional building and strategic plans. The exercise will entail synchronization of the various capital markets development initiatives in the country and the region; projections of the DSE’s challenges and opportunities; and establishing the interest for running and governance of the Exchange. In the end the Exchange will be owned by the subscribers of its capital and will be run through the Board appointed by its owners. The critical task will be establishment of the interest and form of the ownership structure that will be relevant while the entity is in transition from loss making to profitability.
4. Bank of Tanzania (the Client) now invites eligible consulting firms to express their interest in providing the required services. Interested consultants must provide information indicating their professional capability to undertake the consultancy. Such information may include brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.
5. A short list of consulting firms will be prepared on the basis of Expressions of Interest submitted to Bank of Tanzania in writing. The selection of a consultant will be in accordance with procedures set out by the World Bank Guidelines; Selection and Employment of Consultants by World Bank Borrowers, May 2004 revised October 2006.
6. Interested consultants may obtain further information at the address given below between 8.30 hrs and 16.30 hrs, Monday – Friday inclusive, exclusive of public holidays, before the deadline for the submission of Expression of Interest.
7. Expressions of Interest in writing, with corporate capability statement should be sent to:-
Postal: Manager,
Procurement Management Unit
Bank of Tanzania,
P.O. Box 2939,
Dar es Salaam
Tanzania.
Physical: 5th Floor, South Tower,
10 Mirambo Street,
Dar es Salaam.
E-mail: PMU@hq.bot-tz.org
Telephone No.:
255 22 2235194/5
Fax No.: 255 22 2234053,
8. Deadline for submission of Expression of Interest is on Wednesday 27th April 2011 at 15.00 hours local time.
GOVERNOR
BANK OF TAZNANIA
No comments:
Post a Comment