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Dar es Salaam stock exchange sells data to US

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by MaxShimba, Aug 18, 2011.

  1. MaxShimba

    MaxShimba JF-Expert Member

    Aug 18, 2011
    Joined: Apr 11, 2008
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    DAR ES SALAAM, TANZANIA - The Dar es Salaam Stock Exchange (DSE) has exchanged market data with the United States-based Bloomberg global business.

    The Bloomberg will access and provide the DSE with real time market and financial information to more than 300,000 subscribers globally.

    According to Mr. Gabriel Kitua, the DSE Chief Executive Officer, the move will enable global investors to make spot decisions about buying or selling. "The DSE-Bloomberg agreement will place Tanzania exchange market to the rest of the world," Mr Kitua said.

    He said t the deal is one of the efforts to increase the DSE market visibility
    and liquidity to enhance its vibrancy.