East Africa: Uganda Backs Single Stock Exchange

Nairobi — Uganda will fully support the proposed integration of stockmarkets in East Africa, Simon Rutega, chief executive officer of the Uganda Securities Exchange, has said.

In an interview with The East-African, Mr Rutega said the initiative should be fully supported by the East African countries as it will "create more scale in the markets, increase economies of scale and reduce the costs of managing trading, clearing and settlement infrastructure in the region.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.