| East Africa to seek single stock exchange |
 East Africa is seeking a speedy integration of stock exchange. East African Securities Exchange Association (EASEA) have resolved that the implementation of the project resulting in a single clearing and settlement infrastructure. Implementation is sought within 6 months. The resolution was reached at during the 11th consultative meeting under the auspices of East African Securities Exchange held recently at the Serena Hotel, Nairobi. The EASEA members showed strong support for speedy integration of East African Stock Exchanges to create a wide market as well as increasing the liquidity levels within the region. “The request for proposals will be ready in November this year and the project is expected to be implemented within three to six months thereafter,” EASEA members have said in a press statement.                |
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