The State of Financial Markets in the Southern African RegionUp to the end of 1994, there were 14 stock exchanges in the entire African continent. These were Cairo (Egypt), Casablanca (Morocco), Tunis (Tunisia) in North Africa; Abidjan (Côte d’Ivoire), Accra (Ghana), and Lagos (Nigeria) in West Africa and Nairobi (Kenya) in Eastern Africa. In the Southern African region, they were Windhoeck (Namibia), Gaborone (Botswana), Johannesburg (South Africa), Port Louis (Mauritius), Lusaka (Zambia), Harare (Zimbabwe) and Mbabane (Swaziland). In 2005, most of other countries in Southern Africa have developed their own stocks exchange markets. They are Maputo (Mozambique), Dar-Es-Salam (Tanzania) and Luanda (Angola).With the exception of the Johannesburg Stock Exchange, and at a different level, the Zimbabwe Stock Exchange and the Namibia Stock Exchange, these markets are too small in comparison to developed markets in Europe and North America, and also to other emerging markets in Asia and Latin America. At the end of 1994 there were about 1150 listed companies in the Africa markets put together. The market capitalization of the listed companies amounted to $240 billion for South Africa and about $25 billion for other African countries.In the countries under review, stock markets are particularly small in comparison with… Read full this story
- Profit taking to weigh on local market, but September may be bright
- New circular helps perfect financial products and stock market: expert
- New circular helps perfect financial products and stock market
- There are virtually no Black financial regulators in America. That’s a problem for economic inclusion
- Allianz: Asia Pacific remains top shipping loss region despite lowest loss figures globally this century
- Consultation opens on financial services 'global sandbox'
- Bajaj Auto, TVS chip away at China's share in African two-wheeler market
- Nigeria's Buhari sees threat to West African currency plan
- Mali junta frees ousted president Keita ahead of regional summit
- Vietnam real estate market on steady foundations
The Experience of Financial Markets Regulation in the Southern African Region - Part Two - have 301 words, post on ezinearticles.com at August 22, 2007. This is cached page on CuBird. If you want remove this page, please contact us.