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LAST UPDATE: 24/9/2008 - 5:58PM EAT

Monday, September 1, 2008

Market regulator issues alert over unlicensed brokers

Trading at the Dar es Salaam Stock Exchange. Photo/FILE


As Tanzanians get down to buying shares of the National Microfinace Bank, the regulator — the Capital Markets and Securities Authority — has sent an alert over unlicensed brokers.

According to the market regulator’s chief executive Dr Fratern M. Mboya, “the public should be cautious of advertisements inviting them to buy NMB shares through a company called C.V. Securities and an individual known as C.V.Okhal. More...

[SOURCE: The EastAfrican]

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