CFA East Africa Signs An MOU With Dar Stock Exchange

by Business Watch Team

The Dar es Salaam Stock Exchange PLC (DSE) is delighted to announce the signing of a Memorandum of Understanding (MoU) between the DSE and CFA East Africa Society to firm up a close collaboration on enhancing investment knowledge within the country through the promotion of the CFA Qualification via public awareness campaigns, training for local market participants and stakeholders as well as mentorships.

The MoU signals the intent between both parties to enter into a strategic partnership that is centered on promoting professional excellence and investor education in the Tanzanian capital market through the facilitation of collaborative training activities.

The DSE Acting Chief Executive Officer, Ms. Mary S. Mniwasa, said “I am pleased to have finalized this collaboration between the DSE and the CFA East Africa Society, which comes as part of the Bourse’s aim to enhance the professional and academic experience of our members. The high level of ethics and professionalism that CFA Institute carries will boost confidence in the investment industry”.

A chartered financial analyst (CFA) is a globally-recognized professional designation given by the CFA Institute that measures and certifies the competence and integrity of a financial analyst.

Ms. Upendo Mick Kadikos, CFA East Africa Society said “The CFA Institute’s mission is to lead the investment profession by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of Society. The collaboration between DSE and the CFA Society East Africa will strengthen the capabilities, proficiency, and experience of financial professionals in Tanzania and this will help in creating a vibrant capital market”.

The CFA Charter is one of the most respected designations in finance and is widely considered to be the gold standard in the field of investment analysis.

Mr.Brighton Ross Kinemo ACSI, Head of Information Services and Training at the Dar es Salaam Stock Exchange (DSE), said: “We are delighted to partner with the CFA East Africa Society, this partnership will further allow the DSE Academy to better fulfill its mandate of providing quality training programs to the Investment professionals and all stakeholders“.

We are enthusiastic that this partnership will strengthen and advance both organizations’ missions in competency development, as well as the promotion of excellence and innovation in all facets of Tanzania’s capital market.

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