CMA blames delay to set up tribunal for errant players

Industry CMA blames delay to set up tribunal for errant players Wednesday September 28 2022 Capital Markets Authority (CMA) CEO Wyckliffe Shamiah on April 29, 2021. PHOTO | LUCY WANJIRU | NMG The Capital Markets Authority (CMA) has raised concerns that delays by the Judicial Service Commission (JSC) to appoint members of the Capital Markets … Read more

CMA licenses Kweli Capital’s housing umbrella fund

Capital Markets CMA licenses Kweli Capital’s housing umbrella fund Thursday September 15 2022 Capital Markets Authority (CMA) CEO Wyckliffe Shamiah. FILE PHOTO | NMG Kweli Capital has been licensed by the Capital Markets Authority (CMA) for its Amaka Umbrella Fund, which is targeting savers looking to buy homes. The umbrella fund is coming onto the … Read more

CMA grills Kakuzi board over UK money transfers

Companies CMA grills Kakuzi board over UK money transfers Thursday September 08 2022 Entrance of Kakuzi PLC offices in Muranga County. PHOTO | EVANS HABIL | NMG The capital markets regulator has extended its ongoing investigation to the board of Kakuzi weeks after grilling the firm’s top executives as it sought to understand their oversight … Read more

Moi family shifts Sh520 million StanChart ownership

Companies Moi family shifts Sh520 million StanChart ownership Friday August 26 2022 Standard Chartered Bank branch on Kenyatta Avenue. FILE PHOTO | NMG The family of the late President Daniel Moi has restructured its ownership in Standard Chartered Bank, with his son appearing among the top individual owners of the listed lender. Regulatory filings with … Read more

Tech firm Waanzilishi gets CMA fund manager license

Market News Tech firm Waanzilishi gets CMA fund manager license Thursday August 25 2022 Ndovu co-founders CCO Ro Nyangeri (left), CTO Gianpaolo De Biase (centre) and CEO Radhika Bhachu. PHOTO | POOL The Capital Markets Authority (CMA) has licensed web-based investment company Waanzilishi Capital as an investment fund manager giving the green light to a … Read more

New study to guide listing charges for the Nairobi bourse

Capital Markets New study to guide listing charges for the Nairobi bourse Tuesday August 23 2022 A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG A planned study by the Capital Markets Authority will in future help guide the cost of listing on the Nairobi Securities Exchange. The initiative according to … Read more

How to make money from forex trading

Personal Finance How to make money from forex trading Tuesday August 23 2022 In May, the Capital Markets Authority (CMA) licensed Tadenex to operate as an online foreign exchange broker bringing the number of regulated entities to seven. CMA chief executive Wyckliffe Shamiah said the authority had noted a keen interest from Kenyans to participate … Read more

Fitch, Moody’s to seek CMA nod for local ratings

Capital Markets Fitch, Moody’s to seek CMA nod for local ratings Wednesday August 17 2022 Capital Markets Authority (CMA) CEO Wyckliffe Shamiah. FILE PHOTO | NMG Kenya is seeking to stop unsolicited ratings by global firms by requiring them to seek regulatory approvals before ranking the sovereign or companies’ debt portfolios. The capital markets regulator … Read more

Fitch, Moody’s to seek CMA nod for local ratings

Capital Markets Fitch, Moody’s to seek CMA nod for local ratings Wednesday August 17 2022 Capital Markets Authority (CMA) CEO Wyckliffe Shamiah. FILE PHOTO | NMG Kenya is seeking to stop unsolicited ratings by global firms by requiring them to seek regulatory approvals before ranking the sovereign or companies’ debt portfolios. The capital markets regulator … Read more

Restructuring plan delays property fund Fahari AGM by three months

Markets & Finance Restructuring plan delays property fund Fahari AGM by three months Tuesday August 09 2022 ICEA Lion Asset Management CEO Einstein Kihanda. PHOTO | SALATON YAY Listed property fund ILAM Fahari I-Reit has delayed its annual general meeting by more than three months as it awaits approval of its restructuring plan by the … Read more