Exchange news

Exchange news

UPDATE – Zimbabwe Stock Exchange delays automated trading

The Zimbabwe Stock Exchange (ZSE) has announced that it did not launch electronic trading today as planned and this has been delayed indefinitely.

Exchange news

Zimbabwe Stock Exchange launches electronic trading 3 July

Electronic share trading is to go live today, 3 July, at the Zimbabwe Stock Exchange. There are new trading hours and only dematerialized securities can ...

Capital raising

Dar es Salaam Stock Exchange aims for IPO and self listing Q1 2016

The Dar es Salaam Stock Exchange (DSE) aims for an IPO in 6 months followed by listing and calls for lead transaction advisor, stockbroker and ...

Exchange news

London Stock Exchange allowed to give Hong Kong brokers direct access

The London Stock Exchange has a licence from Hong Kong Securities and Futures Commission so Hong Kong stockbrokers can join as direct members and trade ...

Exchange news

Botswana supermarket raising $48m in JSE dual-listing

Botswana supermarket chain Choppies Enterprises launches a roadshow to raise $48m and dual-list shares on the main board of JSE securities exchange on 27 ...

Capital raising

AfDB $400,000 seed equity to central depositories link Africlear Global

The central depositories of Kenya and Nigeria have formed a joint venture Africlear Global with a custodian which is part of Altree Financial Services ...

Exchange news

Payments messaging booms in Africa

Payments and securities transactions are growing faster in Africa than in the rest of the world, according to financial messaging institution SWIFT. Traffic volumes of ...

Exchange news

Woes of Zimbabwe Stock Exchange

The value of trading on the Zimbabwe Stock Exchange fell 22% in the first quarter of 2015 (compared to 2014), the bourse has been hit ...

Exchange news

Zimbabwe central depository brings shares on board

Chengetedzai Depository Company Ltd, Zimbabwe's central securities depository (CSD), was reported that the last securities had been brought on board in March 2015.

Exchange news

Zimbabwe SE aims to issue 50% shares following demutualization

The Zimbabwe Stock Exchange completed its demutualization last month (March) and is now a fully fledged private company. It plans to issue up to 50% ...

Exchange news

Zimbabwe Stock Exchange new premises

Zimbabwe Stock Exchange moved to its new premises 44 Ridgeway North Highlands, Harare on 1 April.

Ethiopia

Why do Africa’s commodity exchanges fail and why do donors love them?

Commodity exchange trading floors failed in in 5 countries, but at least 8 new commodity exchanges were started in sub-Saharan Africa over the past two ...

Capital raising

How do stock exchanges stay relevant to their societies? SMEs and exchanges

How will stock exchanges stay relevant by tackling the problems of their societies, and participating in the giant growth set to follow? That question was ...

Capital raising

What are Africa’s pension funds investing into?

African pension funds in 10 countries already have $379 billion in assets under management and continue to grow. Are there enough opportunities for them to ...

Exchange news

Meet the new CEO of Uganda Securities Exchange

Paul Bwiso has big plans as new CEO of the Uganda Securities Exchange. Challenges include a rival exchange, more listings, automation and demutualization.

Exchange news

Nigeria’s SEC asks for comments on exchange demutualization

Nigeria’s Securities and Exchange Commission published rules on demutualization of securities exchanges on 20 February, with a 2-week deadline for comments.

Exchange news

Capital markets course offered in Nairobi

The Nairobi Securities Exchange is calling for applicants for a “certified capital markets specialist” course, to be held on 16-20 March at a hotel. Registration ...

Exchange news

Dar es Salaam Africa’s top stock exchange to 31 Jan

Tanzania’s Dar es Salaam Stock Exchange topped the performance list for the 12 months to 31 Jan in USD, managing a 27% climb and beating ...

Exchange news

JSE number of equity trades up 19% in 2014, scores daily records

The Johannesburg Stock Exchange saw the number of equity trades up 19% for the year 2014, compared to 2013 and it broke records for the ...

Exchange news

“Jeff” Otieno Odundo new head for Nairobi Securities Exchange

Geoffrey “Jeff” Otieno Odundo will be the Chief Executive of the Nairobi Securities Exchange (NSE), effective from 1 March 2015.