The importance of integrating East Africa’s capital markets

Last week, the first oil and gas company to go public, Swala Oil and Gas Tanzania Plc, listed on the Dar es Salaam Stock Exchange after a successful initial public offering.

>The London Stock Exchange is training Tanzania regulators and intermediaries on how to grow the local capital markets and help small and medium-sized companies to raise long-term financing through the bourse.

Since the enactment of the Capital Markets and Securities (CMS) Act, Cap. 79 of 1994 and the establishment of the Capital Markets and Securities Authority (CMSA) in 1996, there has been several developments in the Capital markets in Tanzania.

There are only 15 domestic companies listed in our local stock exchange; this number stands unfavourably when compared to over 30 companies listed in Ghana, over 60 companies in Kenya, over 250 companies in Nigeria, over 360 companies in Egypt and over 450 in South Africa.

The Observer
East Africa: Why All East Africans Are Looking Up to Magufuli
AllAfrica.com
In the club of East Africa's Presidents, Tanzania's new leader John Pombe Magufuli is a lonely man. His peers threw their weight behind his electoral opponent, and when he won, they refused to even acknowledge him with routine congratulations. In ...
What would Magufuli do to attain sustainable energy access in Africa?The Observer (blog)

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Tanzanians: Edha Nahdi (AMSONS GROUP/CAMELOIL), Reginal Mengi (IPP), Mohammed Dewji (MeTL)
Big Up for Tanzanians. For whole report click the links below:http://www.aablawards.com/east-africa.php
http://venturesafrica.com/meet-the-east-african-winners-of-aabla-2015/

The Ngoma Africa Band aka FFU also known as Anunnaki alien, the most successfull African live Band based in Germany has been vastly gaining popularity through an extra ordinary rhythm “Bongo Dance” from Tanzania and Neighbouring East African countries which always drives the europeans funs crazy.

Its more than two decades now that Band has a very concrete and stable recognition in the music market. This can be proved due to the invitations and angegements of the band in different...

The voting lessons East African countries have for each other

Angola’s Eurobond sale earlier this month was more than four times subscribed even though the country is being squeezed by lower oil revenue, showing African nations are able to attract capital, according to Goldman Sachs Group Inc, which organised the offering.