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Ciplaquality Chemical Industries Goes Public, Floats 600m Shares To Ugandans

Cipla Quality Chemical Industries Limited (CiplaQCIL),  a pharmaceutical manufacturing company in Uganda has announced its Initial Public Offer (IPO) by floating a total of 657,179,319 shares on to the Uganda Securities Exchange (USE).   The total shares floated represent 18% of all the shares owned by the company. Cipla Ltd, the Indian

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Kenya Gets First Locally Licensed Online Foreign Exchange Trading Platform

By Reuters EGM Securities has launched Kenya’s first locally regulated foreign exchange electronic trading platform, opening up domestic forex trading to a broader range of investors, EGM’s chief executive said on Wednesday.   Kenyan investors who wished to trade currencies on the Internet have previously had access to international brokers, but none was

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