Topic: CMA
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...
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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...
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...
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....
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...
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...
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...
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...
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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...
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....
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....
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