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Tanzania opens stock exchange to foreign participation.
(From Panafrican News Agency (PANA) Daily Newswire)
Dar es Salaam, Tanzania (PANA) - Business prospects at the Dar es Salaam Stock Exchange (DSE) are looking up after the government announced that it was throwing the fledgling bourse open to foreign participation effective Wednesday.
The move will see a number of foreign companies, some of which have been waiting in anticipation for over year for the issue to be finalised, list on the tiny stock exchange.
They include Kenya Airways, East African Breweries and South African-controlled gemstone mining company, AFGEM.
Currently, the DSE's listing consists of only five equity issues, and debt …
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