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Businesses are expanding across borders, new trade corridors are emerging, and regional ambition remains strong, but liquidity, payments and execution challenges continue to shape…
East Africa’s Kenya and Tanzania are among the strongest value…
In July, Kenya’s markets regulator licensed Shariah-compliant REITs, ESG-aligned advisors,…
The East African Community (EAC) should boost its transactions under the existing regional and international…
Kakuzi PLC has posted a 60 per cent rise in its pretax profit to reach…
Broker-controlled accounts deliver lower costs and easier account opening procedures for investors wanting to open a VFEX trading account.
This offers a one-stop-shop facility for the investor, given by opening an account with the custodian and transacting through a securities dealer, the broker-controlled model offers investors all the services under one roof to the convenience of the investor.
The securities dealing firms will perform all the services on behalf of investors and these include, among others, opening accounts for investors, and performing the necessary due diligence exercise including the Know Your Customer (KYC) requirements.
It also includes day-to-day communication with the client, mailing of customer transaction statements at no cost, and transacting on the stock exchange on behalf of the investor.
Java House Africa Group has announced that it was seeking franchisees under its Kukito Brand,…
German-based manufacturing company Stihl Group has announced plans to open a new subsidiary dubbed Stihl…
The African Continental Free Trade Area (AfCFTA) Secretariat has launched an online hub to ease…
