I just read this article on CBA's acquisition of Crane Bank's assets in Rwanda done via dfcu.

https://www.businessdail...50690-pjo6gv/index.html

With the surfeit of listings on the NSE, we need more cross-border listings like Umeme. I do not know what ails the trading of Umeme shares on the NSE but we have 50-ish listings on the NSE of which 10-15 are moribund. As firms de-list [Unga might do so], the "investable" universe is shrinking.

If only we had an "EAC" exchange that allowed Kenyans to invest in UG, TZ (that's a tough one under Magufuli) and RW to increase our "investable universe" and provide capital to firms in other countries.

Uganda has some decent firms like dfcu Ltd/Bank, Stanbic UG, BoBU (Bank of Baroda UG), etc

Tanzania has some decent banks, Tanzania Breweries, etc. And mobile phone providers have to go public.

Rwanda has Bank of Kigali, etc

The mechanism would have to be worked out but with technology, Mobile Money, KE banks with subsidiaries in EAC, etc I hope we see a robust integration (soon) with our neighbors.

For any Ugandans (or Kenyans in UG) on here... why would dfcu sell its Rwandan business/branches to CBA?
Or are UG businesses seen in Rwanda the same way Kenyans are viewed in TZ?

Zuma and Mugabe were 2 peas in a pod!
I like Ian Khama (of Botswana) but he retires soon after this term is over.
Of course, there's visionary and disciplined Paul Kagame.

From the EAC, we should expand include Zambia and Zimbabwe. The latter has/had an active stock exchange. The sooner the better.