Kenya, Rwanda bourses now electronically connected
Brokers on the trading floor of the Nairobi Securities Exchange. PHOTO | FILE |
Kenya and Rwanda have connected their stock markets electronically to boost investments between the two countries and as a gesture of commitment to the regional integration of the capital markets.
Four Kenyan companies have cross-listed on the Rwanda Securities Exchange (RSE) in anticipation of booming business between the countries. These are Nation Media Group, Equity Bank, Kenya Commercial Bank and Uchumi Supermarkets.