Can East African Community capital markets learn from SADC model?

The trading floor of the Johannesburg Stock Exchange. Johannesburg is Africa’s largest stock exchange, with a market capitalisation of more than $150 billion. PHOTO | GIANLUIGI GUERCIA | AFP

What you need to know:

  • The SADC operates a shared model that makes it possible to procure affordable digital operating platforms and reasonable sharing of commissions between stockbrokers.
  • In the model, stock exchanges hosted by member states enjoy access to discounted prices for advanced but expensive technological platforms by leveraging on the Johannesburg Securities Exchange’s economic muscle.
  • MoUs between stockbrokerage firms in EAC countries may help drive future consensus on a viable trading revenue sharing ratio.

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