No EAC investor bought securities: bank

BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies - CoinDesk  CoinDeskView Full coverage on Google News

A three-day regional workshop to domesticate the EAC Council of Ministers’ Directives on Securities Market in the regional bloc into national laws has concluded in Arusha, Tanzania. The 31 July to 2 August workshop was organized by the EAC Secretariat in collaboration with the World Bank, as part of the financial sector integration and regionalization agenda.
The workshop reviewed modalities for domesticating the Council Directives on Securities Market into national laws of the respective...

The Citibank group – which has over 3,000 branches worldwide - plans to expand its operations in East Africa.

The East African Community (EAC) has described a $1 million project – financed by the World Bank - as a catalyst for realization of the region’s Monetary Union.

EAC central bank to set monetary policy
The Star
INTEGRATION: Presidents Pierre Nkurunziza, Jakaya Kikwete, Uhuru Kenyatta, Yoweri Museveni and Paul Kagame at a past EAC heads of states meeting in Kampala. East African central banks should prepare to lose their sovereignty in determining ...
Regional Journalists Exhorted to Be Ambassadors On the EAC Integration ProcessAllAfrica.com

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>Investors’ appetite for long-term government securities was high last week, resulting in a 19.8 per cent oversubscription of the Treasury bonds (T-bonds).

>Tanzania has opened doors for East African residents to purchase its government securities.

A Kenyan ministry bought sex toys on expenses, Kenyan MP Nicholas Gumbo who is investigating government corruption has told the BBC.

>The government has paid Sh65 billion as part of the debts in owes farmers under the National Food Reserve Agency (NFRA), a cabinet minister said yesterday.