East Africa Hopes to Have Regional Stock Exchange in a Year - Experts

Kampala — East Africa's dream of a regional stock exchange that merges into one the stock markets of the five East Africa Community member states is likely to take off in a year or two, key players in the region have said.

"Definitely we want to have one stock exchange. Technically, I think we are almost there. Maybe it will happen in about a year or two," said Kenneth Kitariko, Chief Executive Officer of African Alliance, Uganda's leading brokerage firm. Mr Kitariko, who is also a member of the Governing Council of the Uganda Securities Exchange, was speaking to African journalists at an event organized by the Thomson Reuters Foundation in Kampala last week.

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