Topic: Capital Market Authority
HF Group secures Sh6 billion rights issue approval from CMA in ambitious strategy
Oct 28, 2024 at 12:37 PM
HF Group Plc has received the green light from the Capital Markets Authority (CMA) for a substantial Sh6 billion capital raise through a Rights Issue, a pivotal step in the Group�...
Nairobi Securities Exchange experiences divergent trends in Q2 2024
Jul 23, 2024 at 11:26 PM
The Nairobi Securities Exchange (NSE) presented a mixed performance during the second quarter of 2024, as detailed in the latest Capital Markets Authority (CMA) Quarterly Statistic...
NCBA Bank expands service portfolio with launch of trustee services solutions
May 26, 2024 at 08:45 AM
NCBA Bank has introduced a range of trustee services solutions, aligning with its commitment to safeguarding collective investments....
CMA expands regulatory reach to include alternative investment funds
May 07, 2024 at 06:59 PM
The Capital Markets Authority (CMA) of Kenya has taken a significant step towards bolstering investor protection and fostering economic growth through the introduction of regulatio...
Govt urged to reinstate stamp duty exemption for real estate investment trusts
Apr 16, 2024 at 03:21 PM
Kenya's property sector is witnessing renewed lobbying efforts as the Capital Markets Authority (CMA) joins forces with Real Estate Investment Trusts (REITs) to reinstate a crucial...
Capital Markets Authority prioritizes domestic investors in new strategic plan
Apr 05, 2024 at 11:46 AM
In a bid to propel sustainable growth in Kenya's capital markets, the Capital Markets Authority (CMA) unveiled its ambitious 2023-2028 strategic plan, with a particular focus on ha...
Kenya remains firm on WorldCoin suspension despite US pressure
Mar 22, 2024 at 09:36 AM
Kenya's government has dug in its heels regarding the suspension of WorldCoin, a cryptocurrency project, despite pressure from the United States to reinstate it....
CMA opens up regional bond issuance for Kenyan companies
Mar 11, 2024 at 11:20 AM
The Kenyan Capital Markets Authority (CMA) has ushered in a new era for capital raising in East Africa with the introduction of regional bonds. These innovative financial instrumen...
Frank Mwiti appointed new CEO as NSE PLC announces leadership transition
Feb 20, 2024 at 04:14 PM
Frank Mwiti, a dynamic and accomplished business leader with a wealth of international experience, is set to take the reins as the new Chief Executive Officer of the Nairobi Securi...
DCI cautions Kenyans against 'make money sitting at home' crypto scam
Feb 08, 2024 at 02:30 PM
The Directorate of Criminal Investigations (DCI) issued a public advisory regarding a widespread online cryptocurrency scam targeting Kenyans....
NKG Coffee Mills Limited to fold up in Kenya following licensing setback
Jan 23, 2024 at 01:30 PM
Coffee miller Neumann Kaffee Gruppe (NKG) Coffee Mills Limited is closing down its milling operations in Kenya due to its inability to secure a government license under the newly i...
Investor challenges CMA's 12-month extension of KQ share trading suspension
Jan 22, 2024 at 12:18 PM
The Capital Market Authority (CMA) is facing legal action from a shareholder, Mihr Samir Thakar, who has filed a petition challenging the recent decision to extend the suspension o...
NSE kicks off 2024 with subdued trading activity continuing a four-year low streak
Jan 03, 2024 at 05:11 PM
The Nairobi Securities Exchange (NSE) kicked off the new year on an unexpected note, navigating uncharted waters as trading began with a four-year low....
Bear market deters three firms including Credit Bank from listing on the NSE
Dec 07, 2023 at 06:36 PM
In the face of a prolonged downturn on the Nairobi Securities Exchange (NSE), plans for three corporations, including Credit Bank, to debut on the bourse have been put on hold, rai...
Online forex brokers are reeling in shock after Treasury slaps them with new fee
Nov 28, 2023 at 01:48 PM
Online forex brokers are facing a paradigm shift as the Treasury introduces a groundbreaking regulatory fee, ushering in a new era of oversight in the dynamic landscape of forex tr...