Zambia’s Lusaka Stock Exchange (LUSE – www.luse.co.zm) will host the 14th African Stock Exchange Association (ASEA) conference from 10 -12 November. The theme this year is “Integration of African Capital Markets through Technology” which occupies a few sessions are dedicated to this (see the list below and the conference pages on the website).
The meeting will be in the tourist capital, Livingstone, which has international flights, but in quiet moments you can still hear the impressive Victoria Falls. LUSE Chief Executive Officer, Beatrice Nkanza.says the stock exchange has been preparing for the conference since 2008, when it was agreed Zambia would host this year’s event. Previously LUSE successfully hosted the 5th conference in September 1998.
The agenda includes: capital markets and economic growth in Africa, the role of financial systems in capital market developments, a road map for the future of African stock exchanges, regulation, investor protection and corporate governance, credit rating, IT solutions & the role of technology, valuation, research, asset management, bond market development strategies, regional Integration, cross-border securities settlement and
private equity vs. public-private partnerships.
ASEA is a not-for-profit association of 20 stock exchanges drawn from 27 African countries. It was founded in Kenya in 1993 for systematic mutual co-operation and exchange of information among its members. It seeks to increase the visibility of African stock exchanges as the preferred frontier markets for investments including attracting foreign direct investments (FDI).
Speakers and panellists from Africa and elsewhere could include World Bank Zambia representative from Washingston, Dr. Sam Maimbo; Bank of Zambia Governor Dr. Caleb Fundanga; CEO of Johannesburg Stock Exchange Russell Loubser; FSB South Africa Director Markets Supervision Anna Manganyi and Common Market for Eastern and Southern Africa (COMESA) Director General Mr. S. N. Ngwenya..
Topics & Speakers:
Capital markets and economic growth in Africa – the link and way forward: Dr. Kapil Kapoor- World Bank country representative Zambia
The role of financial systems in capital market developments: Dr. Caleb Fundanga- Bank of Zambia Governor
African Stock Exchanges – a road map for the future: Russell Loubser, CEO Johannesburg Stock Exchange
Regulation of Stock Markets – Current trends & issues: Panel discussion Anna Manganyi – FSB South Africa, Michael Liweleya – Director Markets Supervision, SEC Zambia
Investor protection and corporate governance in African capital markets: Panel discussion Dr. Joshua Okumbe – CEO, Centre for Corporate Governance (Kenya), Mr. Mumba Kapumba – President Institute of Directors Zambia
Credit rating – is it still relevant? Panel discussion Dr. Denny Kalyalya – Deputy Governor Operation Bank of Zambia; Mr. Konrad Reuss – Managing Director, Standard & Poor’s sub–Saharan Africa; Mr. Michael Mwaanga – Debt Management Department, Ministry of Finance and National Planning, Zambia
IT solutions & the role of technology in African capital markets: Millennium IT- Malabe, Sri Lanka.
Private Equity vs PPP in Africa – trends and way forward: JP Fourier – Executive Director, Southern Africa Venture Capital Association
Valuation and Research on African Markets: Panel discussion, Hubert Danso – Managing Director, Africa Investor – South Africa
Asset Management in African emerging markets – fund manager’s perspective: John Legat- Managing Director IMARA Asset Management; Jonathan Auerbach – co-founder & Managing Director, Auerbach Grayson & Co., New York.
Bond Market development strategies: Panel discussion Mr. Peter Banda – Director Financial Markets, Bank of Zambia; Dr. Graham Smale – Head of Fixed-Income Securities JSE; Almet Keshkilner – Turkish Treasury; Nigeria Stock Exchange
Regional Integration: What are the opportunities & challenges? Mr. S. N Ngwenya – Director General, COMESA
Cross-Border Securities Settlement: Panel discussion Vipin Y. S Mahabirsingh – Managing Director CSD Mauritius; Rose Mambo – CEO, CSDS Kenya; Steve Everettee – Strate, South Africa.