Market regulator issues alert over unlicensed brokers

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

By JOSEPH MWAMUNYANGE

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]

DSE regulator is earmarked for coveted New York award

By Damas Kanyabwoya

The Tanzania Capital Markets and Securities Authority (CMSA) has been short-listed for prestigious pan-African investment awards to be held at the New York Stock Exchange (NYSE) next month.

The awards known as 'Africa Investor Index Series Awards' are organised by Africa Investor (AI), an international investment research and communications group.

CMSA, the only Tanzanian entity to be short-listed for the awards, will be competing for the final outcome in the category of most innovative capital markets regulator.

About seven other African capital market regulators have been short-listed in that category, a statement released by AI said in Dar es Salaam yesterday.

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[SOURCE: THE CITIZEN]