The Nation (Nairobi)

East Africa: Training for Dealers to Boost Ethics

Kampala — Stock exchange regulators in East Africa now want all players in the capital markets industry, to enroll for training currently conducted at the Securities Industry Training Institute.

Board members, including all security exchanges chief executive officers in East Africa and the Central Depositary and Settlement Corporation Ltd (Kenya), last week resolved that all brokers, fund managers and investment advisors must have a Siti certificate to trade.

Adherence

Uganda's security exchange chief executive officer and Siti chairman Simon Rutega said the development aims at ensuring adherence to ethics and integrity in the East African stock markets.

"As capital markets in the region continue to post fast growth, players are continuously faced with the challenge of enhancing their skills to keep up," he said.

"Uganda Securities Exchange together with Nairobi Stock Exchange, Dar es Salaam Stock Exchange and Capital Markets- Rwanda, agreed on a standardised curriculum, that will be administered by Siti throughout the region."

Mr Rutega said with the institute now in place "indiscipline" in the stock market would not be entertained and industry players who breach regulations would face punitive measures.

Instituted

Siti East Africa is a Securities Industry Training Institute instituted in September 2007 and launched in December 2008. It is based in Kenya.

It was established to manage and deliver a range of training programmes on capital markets and investments, corporate finance, asset management, entrepreneurship and corporate governance.

Siti board says the establishment of Siti East Africa emanated from the need to have players in the East African region benefit from a systematic and well managed training and capacity building initiative.


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  • upliftdarace_144
    Dec 18 2009, 07:27

    HeyNow Afrikan Family !

    On Afrikans Investing In Technology , Afrikans abroad & In Afrika

    Should Invest In The Technologies around the world And Have It

    Shipped To Afrika With The Know-How To Do It Ourselves.. We

    SHOULD NOT just allow countries to come into our countries and build

    and settle on our lands. If you will allow a stranger to run your country,

    Then you will allow then to run your state. If you will allow a stranger to run your state,

    then you will allow them to run your city, your neighborhood, your home, your family,

    yourself.. We Black Afrikans will be free , when we stop selling ourselves !!!!!!!

    America (The Whore Of Babylon) Is Trying To Re-vive it'as dying

    soul via other ASIANS & CAUC - ASIANS , But Prophecy Is

    Pronounced :

    And in those times there shall many stand up against the king of

    the south(AMERICA / BABYLON ): ALSO the ROBBERS OF OUR

    PEOPLE shall exalt themselves to establish the vision; BUT

    THEY SHALL FALL ! [Daniel 11:14 ]

    ATTENTION AFRIKA , you have 300 million citizens spread

    abroad that need your help getting back to our roots. While you

    are looking to countries like America & China to uplift Afrika, Many

    of us Black Afrikans spread abroad are proficient in a lot of useful

    technologies. Here is a brief synopsis of some of the inventions

    that Black Americans have produced. So please help us to get

    home.

    BLACK AFRICAN INVENTORS AND THEIR INVENTIONS

    * Sarah Boone - IRONING BOARD - April 26, 1892

    * John A. Burr - LAWN MOWER

    * Marie V. Brittan Brown - HOME SECURITY SYSTEM - Dec 2, 1969

    * Buridge & Marshman - TYPEWRITER

    * George Carruthers - X-RAY MACHINE

    * George Washington Carver - PEANUT BUTTER - PAINTS – PAINT STAINS – ETC

    * W.A. Dietz - SHOE

    * P.B. Downing - POSTAL LETTER BOX

    * Charles R. Drew - BLOOD PLASMA STORAGE SYSTEM

    * T. Elkins - TOILET (COMMODE)

    * Robert Flemming Jr. - GUITAR

    * George F. Grant - GOLF TEE

    * J. Gregory - MOTOR

    * Michael Harney - LANTERN

    * Augustus Jackson - ICE CREAM

    * B.F. Jackson - GAS BURNER

    * H.A. Jackson - KITCHEN TABLE

    * Ruane Jeter - DIGITAL TOASTER - April 14, 1987

    * Isaac R. Johnson - BICYCLE FRAME

    * John A. Johnson - WRENCH

    * P. Johnson - EYE PROTECTOR (GOGGLES)

    * W. Johnson - EGG BEATER

    * Frederick M. Jones - DEFROSTER - REFRIGERATION CONTROLS – AIR CONDITIONER

    * Jones & Long - BOTTLE CAPS

    * John H. Jordan - CLOTHES DRESSER

    * Mary B. Kenner - SANITARY BELT (TAMPONS) - May 15, 1956

    * Mary B. Kenner - BATHROOM TISSUE HOLDER - Nov 19, 1982

    * Mary B. Kenner - BACKWASHER ( BATHTUB OR SHOWER MOUNTED) - July 29,1987

    * Lewis Latimer & Nichols - ELECTIC LAMP

    * W.A. Lavalette - PRINTING PRESS

    * Maurice W. Lee PRESSURE COOKER

    * A.L. Lewis - WINDOW CLEANER

    * John L. Love - PENCIL SHARPENER

    * Tony J. Marshall - FIRE EXTINGUISHER

    * Alexander Miles - ELEVATOR

    * Jan E. Matzeliger - SHOE LASTING MACHINE

    * W.A. Martin - LOCK

    * Garrett A. Morgan - GAS MASK - Traffic Signal

    * Lydia Newman - HAIR BRUSH - Nov 15, 1898

    * Alice H. Parker - HEATING FURNACE - Dec 23, 1919

    * J.F. Pickering - AIR SHIP (BLIMP)

    * Purdy & Sadgwar - FOLDING CHAIR

    * W.B. Purvis - FOUNTAIN PEN

    * L.P. Ray - DUST PAN

    * W.H. Richardson - BABY BUGGY

    * G.T. Sampson - CLOTHES DRYER

    * .W. Smith - LAWN SPRINKLER

    * J. Standard - REFRIGERATOR

    * T.W. Stewart - MOP

    * Paul E. Williams - HELICOPTER

    * Granville T. Woods - Roller Coaster

    * Thanks to The Black Inventors Museum *

    * Address : P.O. Box 76128 - Los Angeles , Calif. (90076)

    * Phone (310) 859-4602)

    * Director : Ghanaian Mr. Hamza Salifa

    AND

    ONE AFRICA TOURS & SPECIALTY SERVICES LTD.

    * Major Contributor of Information : SEESTAH Imahkus Nzinga Ababio Okofo

    [ http://www.oneafricaghana.com/ ]

    P. O. Box CC 1251 - Cape Coast

    Ghana - West Africa

    What can you do to help us ?

    Start with contacting Pan-Afrikanist organizations like BLACK

    STAR MEDIA (Modelled after Marcus Garvey’s Vision For Afrika) : They are at

    [ www.libradio.net ]. The CEO of BLACK STAR MEDIA is Keidi-Obi

    Awadu. He has been on the frontline fighting for our freedom for

    over 30 years.

    It's Not A Question Of Other Learned Societies.

    It's The INFERIORITY COMPLEX WE HAVE TO SHED

    St. Paul In A Letter To The Christians In Rome Said :

    " For I say, through the grace given to me, to every man that is

    among you, NOT TO THINK OF HIMSELF MORE HIGHLY Than

    He Ought To Think; but to think soberly, according AS GOD HAS

    D EALT TO EVERY MAN THE MEASURE OF FAITH .

    We All Should Think Highly Of Ourselves, Keeping In Our Mind

    That God Gave Us Dominion Over The Earth

    , NOT EACH OTHER. !!!!!!!!

    So let's please help us to return to our Mama Afrika as Israel

    under Moses escaped their exile !!!!!!!

    MAMA AFRIKA YOUR CHILDREN WANT TO COME HOME !!!!!!!

    [Check Out :

    WHO BROUGHT THE SLAVES TO AMERICA ?

    [ http://isohunt.com/torrent_details/42787621/Who+brought+the+slaves+to+ameri ca?tab=summary]

    for full length video

    FRITZ SPRINGMEIER A Bold Christian Truthseeker The Top 13 Illuminati Bloodlines

    [ http://www.youtube.com/watch?v=k73Q2_f4vKU ]

    WAKE UP ! STAY UP MY BROTHERS & SISTERS !

    [ www.libradio.net ]

    [ www.gcnlive.com]

    - Life Is a Game. Have Fun. [ Luke 18:17 / Isaiah 11:6 ] :