Disclaimer

Last updated 16 May 2026

The principal disclosures that apply to our public communications and infrastructure. Shabba acts only as a Principal. This site is informational. Capital markets carry risk that engineering cannot fully eliminate.

Summary

This page sets out the principal disclosures and risk notices that apply to Shabba Financial's public communications and infrastructure. Read it carefully if you intend to engage with us in any commercial or institutional capacity.

Three points sit at the centre of these disclosures, and the rest of the page expands on them: Shabba acts only as a Principal, this website is informational, and capital markets carry real risk that no amount of engineering can fully eliminate.

Principal capacity, no fiduciary duty

Shabba Financial acts exclusively as a Principal in all market making, liquidity provision, and trading activities. We do not act as an agent, fiduciary, or financial advisor.

Any interaction with our infrastructure or counterparties is on a principal-to- principal basis. Shabba Financial does not owe fiduciary duties to counterparties or to users of this website. Where you require advice on the suitability or consequences of any transaction, you should consult a qualified independent advisor.

Informational only, not advice

All materials, data, and analysis provided through this website are for informational purposes only. They are not investment advice, a recommendation to transact, an offer to buy or sell any financial instrument, or a solicitation of such an offer.

  • No material on this site constitutes an offer or solicitation in any jurisdiction.
  • Past performance, whether of markets, models, or counterparties, is not indicative of future results.
  • Investment values, liquidity, and execution outcomes are subject to significant market fluctuation.

Recipients must conduct their own independent investigation and consult their own professional advisors before engaging in any transaction.

Systemic and infrastructure risk

Notwithstanding the institutional-grade engineering applied to our systems, all infrastructure is subject to exogenous risk that no operator can fully eliminate. In particular:

  • Technological resilience. Systems may be affected by network disruption, exchange-level outages, third-party service failures, or other operational shocks that impede execution or market stability.
  • Model and algorithmic risk. Automated liquidity-provision models may exhibit unintended behaviour during extreme volatility, regime shifts, or other events outside the regimes they were calibrated against. Such behaviour may result in substantial financial impact.
  • Cybersecurity events. Despite continuous investment in defensive controls, no system is invulnerable. A successful attack on the systems we rely on could affect availability, integrity, or confidentiality.

Market risk

Capital markets carry inherent risk that cannot be eliminated by any provider, technology, or strategy. Prices move. Liquidity disappears. Counterparties fail. Regulatory or political events redraw the landscape with little warning.

Any reference to historical market data, simulated outcomes, or model behaviour on this site is illustrative. It does not represent a forecast and does not imply that similar outcomes are achievable in the future.

No warranty as to accuracy or completeness

While we make reasonable efforts to ensure that the information on this site is accurate and current, Shabba Financial makes no representation or warranty, express or implied, as to the accuracy, completeness, or timeliness of any content. Information may become out of date as markets and rules evolve.

To the extent permitted by law, Shabba Financial accepts no liability for any loss arising from reliance on information on this site.

Regulatory framework

Shabba Financial Company Limited operates under the oversight of the Capital Markets and Securities Authority (CMSA) of Tanzania. Our institutional infrastructure is designed to support market efficiency in alignment with the applicable provisions of the Capital Markets and Securities Act.

Where activity is conducted in jurisdictions outside Tanzania, it is conducted in accordance with the regulatory framework of the relevant jurisdiction, and only after the required authorizations are obtained.

Changes to this notice

We update this notice from time to time as our activity, infrastructure, and the applicable rules evolve. Material changes will be reflected in the “last updated” date at the top of this page.

Contact

For questions about these disclosures, the risks described above, or any concern related to operational or market risk, contact us directly. Write to risk@shabba.tz.