Regulators and SECs News
Pension schemes can now invest in all exchange traded derivatives and Reits.
The move is part of a diversification effort from the stock exchange.
It will initially focus on government debts.
The daily cash withdrawal limit per person and per day is $300.
The new composite index is set to bring transparency to most liquid African bond markets.
The Regional Council for Public Saving and Financial Markets (CREPMF), which regulates and controls the regional financial markets of the West African Monetary Union (WAMU), in collaboration with the Making Finance Work for Africa (MFW4A) Partnership, organised a roundtable of technical and financial partners on the development of the strategic plan of the regional financial markets in the WAEMU.
The Central Securities Depository (CSD) should be operational in Zimbabwe within the first half of 2013, it has been revealed.
Nigeria's Securities and Exchange Commission (SEC) will contribute to the establishment of a West-African Stock Market.