Deal rounds

When demand competes, the owner decides on a date

Sealed expressions of interest from verified parties until a closing time. Zatra screens every expression, the owner chooses one counterparty, and the normal protections follow. No public bidding, no deposits, no money held by the platform.

Containers stacked at a port
SEALED ROUNDS AND TENDERS
4rounds open
11sealed
3tenders
On the floor
Copper ore stockpile: 4 sealedcloses in 9d 2: 6 sealedcloses in 3d 40 acre irrigated farm: 1 sealedcloses in 19d 60% shareholding in a regional logistics company: 0 sealedcloses in 27d Lot 1 Three 2019 tipper trucks: TZS 148m9 bids Lot 2 120 office workstations and chairs: TZS 22m6 bids Lot 3 20 tonne excavator: opens TZS 180m9 Nov 2026 Lot 4 60 split air conditioners: opens TZS 14m9 Nov 2026 Bonded warehouse lease: 3 of 5private tender Management contract for twelve rental units: 1 of 3private tender Copper ore stockpile: 4 sealedcloses in 9d 2: 6 sealedcloses in 3d 40 acre irrigated farm: 1 sealedcloses in 19d 60% shareholding in a regional logistics company: 0 sealedcloses in 27d Lot 1 Three 2019 tipper trucks: TZS 148m9 bids Lot 2 120 office workstations and chairs: TZS 22m6 bids Lot 3 20 tonne excavator: opens TZS 180m9 Nov 2026 Lot 4 60 split air conditioners: opens TZS 14m9 Nov 2026 Bonded warehouse lease: 3 of 5private tender Management contract for twelve rental units: 1 of 3private tender
4Rounds open
11Sealed expressions in open rounds
1Closed, in screening
1Counterparty chosen

Specimen rounds show the format until live rounds open. Closing times are 17:30 East Africa Time.

Live rounds

Open, closing and recently closed

A deal round closes on a date, not on a hammer

Four steps from an open round to a chosen counterparty; sealed expressions, Zatra screening at the close

1OWNERRound opensQualified offer, closing date,floor stated as a band, evidencepack listed.2VERIFIED DEMANDSealed expressionsOne sealed expression perverified party: route, terms,timing, proof of capacity.3ZATRAScreening at closeZatra checks capacity, authorityand lawful route, then rankswith reasons.4BOTH PARTIESOwner choosesOne counterparty. NDNCA and PSFAsigned, then the normal gatesfollow.SEALED: NO PARTY SEES ANOTHER PARTY'S TERMS. NO PRICE LADDER. NO DEPOSITS. THE OWNER CHOOSES.
Source: Fursa365 deal round rules and terms of use, 2026.

Private tenders

Invitation-only, sealed, under NDNCA

For an asset you do not want the whole room to see. You name the invitees, Zatra confirms each one is verified, and only they ever know the tender exists.

Run a private tender
  • The owner names the invitees; Zatra confirms each is a verified party before the invitation goes out.
  • Invitees see the tender only after signing the NDNCA. Nobody else, including other members, sees that it exists.
  • Sealed submissions, one per invitee, with a fixed close. The owner may extend the close once, for everyone.
  • No deposits, no bid bonds and no platform-held money. Awards, agreements and payments happen directly between the parties.
  • Private tenders for public bodies follow the Public Procurement Act and are not run on Fursa365.

How a round runs

  1. Owner

    Round opens

    A qualified offer is put into a round with a closing date, a floor stated as a band, and the evidence pack listed.

  2. Verified demand

    Sealed expressions

    Verified parties submit one sealed expression each: route, terms, timing and proof of capacity. Nobody sees another party's terms.

  3. Zatra

    Screening at close

    At the closing time Zatra checks each expression for capacity, authority and lawful route, then gives the owner a ranked summary with reasons.

  4. Both parties

    Owner chooses, protection signs

    The owner picks one counterparty. Both sign the NDNCA and the PSFA, then the normal gates follow: introduction, client due diligence, advocate, completion.

Round rules

  • One sealed expression per verified party; it can be withdrawn before the close, not after.
  • No price ladder, no live bidding and no 'highest bid wins' rule. The owner weighs price, route, timing and capacity.
  • No deposits, bid bonds or platform-held money. Parties settle directly under their own agreement.
  • Mineral stockpiles and licences go to rounds only for lawful routes: JV, contribution, offtake through licensed dealers.
  • A round that closes with no acceptable expression simply ends. The offer may re-enter a later round.
Why sealed, why dated

A sealed round rewards the party with the best whole offer, not the loudest. A fixed close respects the Offer Clarity Standard: every offer on Fursa365 says what it is and when it ends.

Questions

Before you submit an expression

Questions read
Mwenge Tower, Dar es SalaamThe Fursa365 desk, Mwenge Tower, Dar es Salaam. Monday to Friday, 8:30 to 17:30.
Is a deal round an auction?

No. There is no public bidding, no price ladder and no rule that the highest number wins. Each verified party submits one sealed expression of interest by the closing time, Zatra screens them, and the owner chooses on price, route, timing and capacity together.

Does anyone see my expression?

Only Zatra, for screening, and then the owner in a ranked summary after the close. Other parties never see your terms. Your name is released to the owner only after both of you sign the NDNCA.

Do I pay a deposit or a bid bond?

No. Fursa365 never holds money. If you are chosen, you and the owner settle directly under the agreement your advocates draft, and the professional fee you agreed with Zatra falls due on completion under the PSFA.

What if nobody is chosen?

The round ends with no award. The owner can re-enter the offer in a later round, change the route or withdraw it. Expressions that were not chosen are deleted from the round record after 90 days.

Can a mineral stockpile go into a round?

Yes, for lawful routes only: offtake through a licensed dealer, a JV or an asset contribution. Fursa365 does not buy, sell, store or export minerals and does not run rounds for anything the law reserves to a licensed exchange or dealer.

Several parties asking about your asset?

Put a qualified offer into a round. Zatra screens every expression at the close and you choose the counterparty.