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Tanzania: Tanzania, Rwanda and Uganda Race Ahead to Forge a Single Stock Market
East African, 17 September 2020
Three East African countries have joined forces to implement a World Bank-funded financial project that aims to connect regional stock markets electronically. This means they can… Read more »
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Tanzania: Dse Turnover Rise Reflects Forecasts of Analysts
Daily News, 15 September 2020
DAR ES SALAAM Stock Exchange (DSE) total equities market turnover rose two-thirds to a week ending last Friday and reflected stockbrokers' forecasts. Read more »
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East Africa: EAC Multinationals Gain Firm Foothold in Region
Monitor, 15 July 2020
The 150 million people strong EAC Common Market has opened a window for cross-border expansion, nurturing homegrown multinationals that now straddle the region. Read more »
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East Africa: EAC Stocks, Securities Shaken
Daily News, 13 April 2020
EFFECTS of the coronavirus pandemic are already being felt in the financial sector in East African Community (EAC) member countries due to measures taken to tame it, including… Read more »
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East Africa: EAC Stock Exchanges Face Consequences of Covid-19
Daily News, 17 March 2020
TRADING on East African stock exchanges has been hit by the impact of the coronavirus pandemic to register low turnover and market capitalisation records in recently days. Read more »
Tanzania, Rwanda and Uganda Join to Form One Stock Market
Uganda, Rwanda and Tanzania are set to start trading as a single market before the end of 2020, after connecting their trading systems and linking to the East African Community (EAC) Capital Markets Infrastructure Information (CMI) technology platform. This means they can operate as a single market with a view to reduce the cost and time of trading in shares of companies listed on markets across the borders. Investors in the three countries will buy and sell shares of companies listed in any of the countries without going through different stockbrokers. The East Africa Securities Exchange Association has said the project that has been five years in the making, will remove obstacles on stock trading in regional markets, spur activities and boost liquidity in underperforming markets once operational.
