John Robson Kamang, CEO of Malawi Stock Exchange, declared that real communication between African exchanges, in terms of attracting more investors to capital markets, can be achieved through several means.
“One of them is to have the communication platforms within different stock exchanges through a website that has to be uploaded with good quality and useful data to be used by investors,” he added.
Moreover, Kamanga asserted that there are other instruments to create more communication, like social media represented through Facebook and Twitter, which can be utilised in terms of communication between African countries.
He added that rural areas where people cannot benefit from technology and do not even have computers can depend on print media, which can easily reach these areas to enable people there to appreciate their investments in capital markets.
According to Kamanga, the 21st annual ASEA flagship conference is a vital chance for most of the attendees to appreciate what is going on in different exchanges, as well as share experiences and challenges.
In this respect, Kamanga exposed that Malawi is planning for investments abroad, namely in Egypt and other countries in the region, asserting that it is one of their upcoming steps to support investors to pump investments in other countries and to trade on other stock markets in the region.
The annual ASEA conference is the flagship forum of the association, which aims to bring together key decision makers from African financial markets to discuss and recommend ways of advancing the continent’s socio-economic transformation through capital markets.