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Article: Uganda : KCB shares commence trading in Uganda.

Article from:
TendersInfo
Article date:
November 12, 2008
Copyright

Byline: sander03

Ugandans will now have easy access to the Kenya Commercial Bank s shares after they began trading at the Uganda Securities Exchange on Tuesday.

This is after the country s authorities approved the bank s application to crosslist over 2.2 billion shares.

This means that the shares will be trading both in Uganda and Kenya since the bank is currently listed at the Nairobi Stock Exchange.

And in a move that further underlines the bank s quest to spread its foothold across Africa, plans to crosslist at the Dar es Salaam Stock Exchange are at an advanced stage while Rwanda is also on its radar.

At an appropriate ...

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