Dar es Salaam stock exchange sells data to US

MaxShimba

JF-Expert Member
Apr 11, 2008
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[h=3]Dar es Salaam stock exchange sells data to US[/h]

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.


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It's a step to the good direction for DSE. However, so much need to be done, and still DSE has a long way to go.
 
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