African Capital Markets News » Training http://www.africancapitalmarketsnews.com News and developments on African capital markets, includes: African securities, African stock exchanges/stock markets, African equities, African bonds, African private equity/venture capital, and African social impact investment Sat, 31 Jul 2010 18:27:04 +0000 en hourly 1 http://wordpress.org/?v=3.0 Africa investor offers masterclass in Bond Markets http://www.africancapitalmarketsnews.com/394/africa-investor-offers-masterclass-in-bond-markets/ http://www.africancapitalmarketsnews.com/394/africa-investor-offers-masterclass-in-bond-markets/#comments Mon, 19 Apr 2010 05:17:28 +0000 Tom Minney http://www.africancapitalmarketsnews.com/?p=394 Africa investor (Ai) magazine (www.africa-investor.com) is organizing a Bond Markets Masterclass, designed for public and private sector capital market specialists from across Africa. It is part of a series of training organised by the Africa investor Academy. The course will be from 31 May-1 June in Sandton, Johannesburg.
Trainer Michael Preiss is founder and Chief Investment Strategist of African Asset Management Ltd (www.africanassetmanagement.com) and advisor on a Global Board of Standards on Wealth Management and Private Banking curriculum for the Middle-East and Asia with the International Academy of Financial Management (website a bit confusing).
Those who could attend include: capital market regulators; debt management offices; heads of municipal Treasury; chief financial officers from listed companies; central banks; securities brokers; life insurance companies; pension funds and issuers of corporate bonds.
The agenda includes investment and bond market dynamics, valuations, techniques and case studies to give understanding of market size; getting high enough trading volumes to create a sufficiently liquid market; measures against speculative attacks; the balance between a market-driven rate and an affordable rate; promoting local interest and investment in bond programmes.
Attendees will also learn: how to develop a bond market; valuation of fixed-income securities; understanding yield spreads; municipal and corporate bond programmes; improving liquidity; working towards a more stable currency market; and learning about the global environment and international transfer of knowledge.
The cost for the Africa investor Bond Markets Masterclass is £1,199 ($1,834). Contact esayers@africa-investor.com.

]]> http://www.africancapitalmarketsnews.com/394/africa-investor-offers-masterclass-in-bond-markets/feed/ 0 East Africa’s new training institute will certify market practitioners http://www.africancapitalmarketsnews.com/187/east-africa%e2%80%99s-new-training-institute-will-certify-market-practitioners/ http://www.africancapitalmarketsnews.com/187/east-africa%e2%80%99s-new-training-institute-will-certify-market-practitioners/#comments Thu, 17 Dec 2009 15:20:06 +0000 Tom Minney http://www.africancapitalmarketsnews.com/?p=187 The curriculum of the Securities Industry Training Institute (SITI) has been launched in Kampala, Uganda. Its establishment in September and development have been funded by International Finance Corporation, the private sector investment arm of the World Bank, as part of its Efficient Securities Markets Institutional Development programme (www.ifc.org).

SITI aims to standardize training on a wide range of programmes on capital markets and investments, corporate finance, asset management, entrepreneurship, corporate governance and other related fields of study. Eventually, all brokers, fund managers and investment advisors will require certificates to operate.

Simon Rutega, CEO of the Uganda Securities Exchange (www.use.or.ug), launched the institute and says it will serve the East Africa trading market that is gradually being integrated. He is Chairman of the Board of SITI East Africa and other members are reportedly Rose Mambo (CDSC Kenya), Jonathan Njau (chief executive of the Dar-es-Salaam Stock Exchange), Robert Mathu (executive director of the Rwanda Capital Market Advisory Council) and Peter Mwangi (chief executive of the Nairobi Stock Exchange).

Future training programmes include training for board members of USE in February, and training for the media. Rutega reportedly said: “The intention is to have as many people trained as possible. The point there is also the integrity and standardization of the market.”

The institutions – Uganda, Nairobi and Dar es Salaam securities exchanges and Rwanda’s Capital Markets Authority agreed a standardized curriculum which will be administered by SITI.

According to Rwanda’s New Times newspaper, CMAC Operations Manager Celeste Rwabukumba says all practitioners will be required to have training by SITI to learn the rules and regulations of the industry: “This is a good development which will give market actors the understanding of the regional market, experience, how the business operates as well as the harmonization of the regional stock markets.” Rwanda has seven registered stock brokers companies which focus mainly on corporate finance, stock brokerage and advisory services among others.

According to the report, only Tanzania in the region has a certification programme.

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