Friday, December 15, 2006

The Malawi Stock Exchange Gets Another Broker

FDH Stockbrokers Ltd., a wholly owned subsidiary of First Discount House, will begin serving Malawi Stock Exchange investors early next year. It will be the third brokerage firm participating in the market - the others being Stockbrokers Malawi and Trust Securities.

Thomas Mpinganjira will manage FDH. He comes with an impressive resume. He has served as CEO of Stockbrokers Malawi and helped to set up the Malawi Stock Exchange itself. The staff is equally impressive. One staff member is a former CEO of Trust Securities.

MSE investors should welcome another entrant to the stock brokerage industry. And the growing market should be able to support an additional broker. The MSE frequently sees more than $100,000 worth of shares exchange hands per week.

1 comment:


A nice well done post.