The recent signing of the East African Community (EAC) Treaty by the presidents of Tanzania, Uganda ...
The recent signing of the East African Community (EAC) Treaty by the presidents of Tanzania, Uganda and Kenya could open up new investment opportunities for emerging market investors. The aim of the treaty, signed at the end of last year, is to create a single currency and common trading market for the region, free movement of labour and a regional stock market. Investment experts in the region believe that the move will prove positive, both for the countries' economies and their stock markets, as long as differences between the three are not allowed to cause its death. This happened to...
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