Share trade between the Kenyan and Ugandan exchanges has become easier after both markets linked their electronic depository systems.

TUSKYS, Kenya’s second-biggest supermarket chain, plans to sell shares on the Nairobi Securities Exchange within five years while expanding into Ethiopia and either the Democratic Republic of the Congo (DRC) or Tanzania.

Centum Investment Company Limited has received Capital Markets Authority (CMA) approval for the public listing of Kenya Shilling Six Billion through the issuance of fixed rate and equity linked notes on the Fixed Income Securities Market Segments (FIMS) of the Nairobi Securities Exchange (NSE). The tenor of the notes will be five (5) years.

Regulations for new collective investment products modelled on unit trusts but with lower management fees will be introduced by July this year.