Regulators and SECs News

Kenya: Pension schemes get go ahead to invest in derivatives


Pension schemes can now invest in all exchange traded derivatives and Reits.

Kenya: NSE to offer ETFs


The move is part of a diversification effort from the stock exchange.

Uganda: New alternative stock exchange starts trading


It will initially focus on government debts.

Nigeria: Central bank reduces usage of debit card abroad to $50,000


The daily cash withdrawal limit per person and per day is $300.

Bloomberg and the African Development Bank launch African bond index


The new composite index is set to bring transparency to most liquid African bond markets.

Partners’ Roundtable for the development of the regional financial market in the WAEMU


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.

Zimbabwe's Central Securities Depository is expected to be operational in 2013


The Central Securities Depository (CSD) should be operational in Zimbabwe within the first half of 2013, it has been revealed.

Nigeria's SEC works towards creation of West African stock market


Nigeria's Securities and Exchange Commission (SEC) will contribute to the establishment of a West-African Stock Market.