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

Thursday, September 4, 2008

Push for regional share trading likely to shock BoT mandarins

By Miki Tasseni
Mandarins at the Bank of Tanzania (BoT) will start having jitters over the next few months as MPs start pushing for freedom of Tanzanians to buy shares in regional companies being floated on the stock exchange.

The matter came to a head in the Legislature as MPs debated estimates of the ministry of Finance and Economic Affairs, with veteran opposition leader John Cheyo in a bad mood about local investors being prevented from purchasing shares of Safaricom. More...


[SOURCE: THE CITIZEN]

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