Vania Investment Pool, one of three companies seeking to acquire Kenyan sisal producer REA Vipingo Plantations Ltd., plans to take legal action after the regulator disqualified its offer, director Dilesh Bid said.
The Nairobi Securities Exchange plans to start trading derivatives and real estate investment funds this year as sub-Saharan Africa’s third-biggest bourse targets a fourfold rise in its market capitalization by 2023.
The Rwanda Stock Exchange and Capital Markets Authority will begin operating Jan. 31, Robert Mathu, Executive Director of the Capital Markets Advisory Council said by phone today from the capital, Kigali.
The staff of the Amman capital markets authority have called for an open-ended strike to protest a decision by the Jordanian government to restructure wages, the Levatine country’s stock exchange website said .
As many as three companies in Oman are this year expected to offer shares to the public as the Muscat Securities Market seeks to build on government plans to sell state-owned assets, the bourse’s director general said.
Kenya’s Capital Markets Authority approved the lifting of a suspension on trading in Uchumi Supermarket Ltd.’s shares with conditions, according to a statement e-mailed by the regulator today from Nairobi, the capital.