EA Securities Regulatory Authority to launch strategy in Rwanda

The East African Securities Regulatory Authority will on Friday launch a new strategy in Karongi District’s Moriah Hotel in the Western Province.

Tuesday, December 03, 2013

The East African Securities Regulatory Authority will on Friday launch a new strategy in Karongi District’s Moriah Hotel in the Western Province.The regulators are in the country also to discuss the progress made in the capital markets authority in the East African Community.In an email sent to the media yesterday, Robert Mathu, executive director of the Capital Markets Authority said the event will be an opportunity to launch the East African Securities Regulators Authority’s new Logo and strategic plan.It is the 39th meeting of its kind and first to be hosted by Rwanda.Trading on the RSE has in the past few years been dominated by the two local companies, Bank of Kigali and Bralirwa.On the other hand, the cross-listed companies, Kenya Commercial Bank (KCB) and Nation Media Group (NMG), shares trade slowly.It is expected that during the meeting, details will be released of how much progress has been made on inter connectivity of the regional stock exchanges, which will enable a shareholder to move their shares from any stock market across the East African Community within four days.