Topic: Capital Markets Authority
Why Savannah Clinker withdrew Sh27.8 billion Bamburi Cement takeover offer
Dec 04, 2024 at 05:28 PM
The embattled Savannah Clinker Limited has blamed the arrest of its chairman Benson Ndeta as one of the key reasons why it withdrew its bid to take over Bamburi Cement....
Beset Savannah Clinker boss withdraws ambitious Bamburi Cement takeover bid
Dec 04, 2024 at 03:44 PM
Savannah Clinker has withdrawn its controversial bid to acquire Bamburi Cement a month after it raised its offer to Sh27.78 billion from its preliminary counter-offer of Sh25.4 bil...
CMA approves safaricom's Ziidi Money Market Fund, expanding financial inclusion
Nov 28, 2024 at 03:57 PM
The Capital Markets Authority (CMA) has granted Safaricom PLC approval to launch the Ziidi Money Market Fund as a Collective Investment Scheme (CIS), a move that promises to reshap...
Sh34 billion wiped out of NSE as Gen Z protests spark investor jitters - Report
Nov 01, 2024 at 08:12 PM
A new report from the Capital Markets Authority has laid bare the financial toll of Kenya’s recent social unrest, revealing that investors at the Nairobi Securities Exchange (NSE...
KRA plans real-time cryptocurrency monitoring to curb tax evasion in Kenya
Oct 17, 2024 at 09:10 AM
The Kenya Revenue Authority (KRA) is set to introduce a new tax system designed to monitor cryptocurrency transactions in real-time....
NSE opens doors to a transformed bond market with hybrid trading platform
Feb 09, 2024 at 12:56 PM
The Nairobi Securities Exchange (NSE) has announced its receipt of approval to implement a hybrid fixed-income market, combining both onscreen and Over-the-Counter (OTC) trading, a...
Kakuzi directors to face separate tribunal hearings for alleged self-dealing
Feb 07, 2024 at 12:49 PM
The Capital Markets Tribunal has thrown a spanner in the works of the Capital Markets Authority's (CMA) attempt to consolidate two separate appeals filed by Kakuzi officials accuse...
Kenya Airways takeoff shakes as NSE extends trading suspension further
Jan 03, 2024 at 08:34 PM
Kenya Airways (KQ) faces an extended suspension of its shares at the Nairobi Securities Exchange (NSE) as the exchange announced a continuation of the trading halt for an additiona...
Ruto signs landmark legislation to boost anti-money laundering, climate change initiatives
Sep 01, 2023 at 03:44 PM
President William Ruto has ushered in a new era of legal reform in Kenya with the signing of two crucial bills, the Anti-Money Laundering and Combating of Terrorism Financing Laws ...
Safaricom holds forum on its journey to become purpose-led tech company
Feb 16, 2023 at 09:02 PM
Safaricom held its inaugural investors' day on Wednesday at the Carnivore Grounds to update stakeholders on its journey to become a purpose-led technology company by 2025....
Financial sector agrees to support William Ruto's Affordable Housing Plan
Oct 25, 2022 at 02:02 PM
President William Ruto chaired a meeting with key players in the country's financial sector at State House Nairobi....
Blow to Sarrai Group as court extends orders barring Mumias Sugar Company lease
Jan 26, 2022 at 04:59 PM
The High Court has extended orders barring Sarrai Group from taking over operations of Mumias Sugar Company pending the determination of a petition filed by five farmers....
CMA warns investors against giving money to Cytonn, other illegal entities
Jun 17, 2021 at 09:33 PM
The Capital Markets Authority (CMA) has cautioned investors against investing through unapproved and unlicensed entities....
Acorn raises Sh2.5 billion financing, lists Reits on NSE
Feb 24, 2021 at 09:33 PM
Acorn raises Sh2.5 billion financing, lists Reits on NSE...
Carbacid posts Sh210 million half-year profit after tax
Feb 24, 2021 at 05:10 PM
Carbacid posts 18 per cent half-year profit after tax...
Boda boda riders to get Sh750 NYS training, licenses
Oct 29, 2020 at 03:06 PM
Boda boda riders to get NYS training, licenses ...
KQ’s suspension from NSE trading extended by six more months
Sep 28, 2020 at 10:09 AM
KQ shares trading suspended for 6 more months...