Kainvestor, a blogger who follows the Kenyan market, says it looks like East Africa is stepping back from regional financial integration:
It seems we are reversing on the pledge of having an East African Securities Market any time soon. Although Kenya firms such as KCB Group are...in the process of cross-listing, joining others like KQ and Jubilee Insurance which have already done so, our partners in regional bourse integration seem to have sinister ideas of the same process.
My question for Kainvestor - how much of this has been driven by the financial crisis, if at all?
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