Financial Services

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While Kenya is no stranger to political strides experienced across the region, the country has managed to avoid long periods of crisis – whether political, economic or social – and has been able to overcome its challenges in relatively short periods of time.

The insurance sector is expected to be a key beneficiary of Saudi Arabia’s recent decision to lift its ban on female drivers, a move that should also have a strong impact on automotive sales and services industries.

Dubai has improved its standing as one of the world’s top financial hubs and reinforced its position as a key regional centre for banking services, according to a recent survey on the global finance industry.

 

Established nearly 40 years ago in 1981, the Trinidad and Tobago Stock Exchange (TTSE) grew in the 1980s and 1990s in part through the government advocating for local ownership of the country’s manufacturing firms, banks and conglomerates though pension and mutual funds. Over the past 37 years the TTSE has evolved alongside changing regulatory...

 

What measures have been taken to raise the regulatory standards of capital markets?

 

The development of capital markets in nascent frontier economies is a slow process. At the heart of it, market transactions require a degree of trust, which prevents adoption from taking root quickly. Regulations need to be transparent, concise and well understood, while tax structures have to promote risk-taking and entrepreneurship. Meeting...

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