Africa urged to speed up market integration

SOUTH AFRICA - Africa must step up efforts to integrate its financial markets, but the creation of a single bourse is still a long way off, African central bankers and exchange officials said on 15 August.

"Over time, national stock exchanges can be expected to unify simply because efficiency demands it, technology demands it and costs require it," Zimbabwe's central bank governor Leonard Tsumba told a symposium.

"But there are practical efforts to full integration. It requires coordination of

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