Ernst & Young LLP penalised for role in Uchumi Supermarkets 2014 rights issue

Ernst & Young LLP (EY) is required to pay a financial penalty of Ksh 10 million…

Former Chase Bank Kenya top officials penalised over bond issue

The Capital Markets Authority (CMA) has taken enforcement action against the former Chairperson and Senior Management…

Acorn secures approval for Build-To-Rent Development REIT

Acorn Holdings has secured authorization from the Capital Markets Authority (CMA) for the establishment of a…

Wareng Coffee Marketing Agency secures coffee trading license

The Capital Markets Authority (CMA) has granted a Coffee Broker License to Wareng Coffee Marketing Agency…

Jipay Payment Solutions and Cashlet App licensed as Intermediary Service Platform Providers

The Capital Markets Authority (CMA) has licensed Jipay Payment Solutions Limited and Sycamore Capital Limited as…

Enwealth Impact Debt Fund secures Alternative Investment Fund

Enwealth Impact Debt Fund Limited has been licensed as an Alternative Investment Fund (AIF). The firm…

Co-operative Bank secures Corporate Trustee License

The Capital Markets Authority (CMA) has granted Co-operative Bank of Kenya a Corporate Trustee License, further…

How NSE investors will seamlessly trade equities on global bourses

Satrix, a provider of index-tracking investment products in South Africa, has completed the secondary listing of…

CMA licenses two fixed income market intermediaries

Fintrust Securities Limited has been licensed as an Authorised Securities Dealer. This means Fintrust Securities is…

New collective investment schemes and sub-funds approved

The Capital Markets Authority (CMA) has approved several market players for the establishment of new collective…

How REITs are important in Kenya’s real estate market

By Geoffrey Odongo REITs is a form of investing in real estate without necessarily buying the…

Fund managers increase to 45 after CMA licenses more firms

The Capital Markets Authority (CMA) has licensed two new fund managers and approved several additional special…

Sanlam Kenya Plc targets Ksh 2.5 billion through a rights issue

Sanlam Kenya Plc plans to float a rights issue in a fortnight to raise up to…

Why Trade Sense’s Money Manager license has been suspended

The Capital Markets Authority (CMA) has with immediate effect suspended the Money Manager licence issued to…

M-PESA rolls out Ziidi Shariah Money Market Fund

Gulfcap Investment Bank has registered the Ziidi Shariah Money Market Fund, which is a Shariah-compliant investment…

Regulator engages Genghis Capital Ltd over unmet contractual obligations

The Capital Markets Authority (CMA) says it has started engaging Genghis Capital Limited to get a…

Kenyan Alliance Asset Management secures fund manager license

The Capital Markets Authority (CMA) has licensed Kenyan Alliance Asset Management Limited as a fund manager,…

Savannah Clinker withdraws Bamburi Cement takeover bid

Savannah Clinker Limited has withdrawn its competing offer for acquisition of the Bamburi Cement Plc shares…

Safaricom sets up money market fund targeting M-PESA customers

Safaricom has set up a money market fund that will be accessible through the M-PESA platform,…

CPF Financial Services secures REIT, Investment Advisor licences

CPF Financial Services, through its subsidiary CPF Capital and Advisory Limited has been licensed by the…

Securities Africa Kenya rebrands to Capital A Investment Bank

Capital A Investment Bank, formerly Securities Africa Kenya Limited, has unveiled a new brand identity, marking…

Stanbic Bank Kenya unveils Kshs 1,000 investment platform

Stanbic Bank Kenya has launched the Stanbic Money Market Fund (KES) and the Stanbic Fixed Income…

Three coffee brokers licensed to operate at NCE

The Capital Markets Authority (CMA) has issued full coffee brokerage license to three companies allowing them…

Faulu Bank entices Money Market Fund investors with 16pc interest

Faulu Microfinance Bank has launched its Money Market Fund (MMF), which offers a competitive effective annual…

ILAM Fahari I-REIT listed on NSE Unquoted Securities Platform

ILAM Fahari Real Estate Investment Trust has been admitted to the Unquoted Securities Platform (USP) of…

CMA grants licenses to two coffee market intermediaries

Kirinyaga Slopes Coffee Brokerage Company Limited has been granted full license status as a coffee broker…

CMA to oversight Alternative Investment Funds

The Capital Markets Authority (CMA) has published Regulations that seek to place funds that raise money from…

CMA seeks stakeholder views on key market regulations

You have a month to submit your views on the draft Margin Trading Regulations as well…

NCBA Bank Kenya granted REIT license

The Capital Markets Authority (CMA) has granted a license to NCBA Bank Kenya PLC to operate…

CMA: four listed firms below average in Corporate Governance

Listed firms in Kenya improved in their corporate governance scoring an average of 75.7% in the…

Listed firms encouraged to use technology in ESG data collection

The Capital Markets Authority (CMA) is calling for adoption of technology in ESG data collection to…

Zimele Asset Management tailors investment solution for chamas

Zimele Asset Management has launched a new digital administrative and investment solution that will not only…

Kingdom Securities Limited licensed as a securities dealer

Kingdom Securities Limited has been licensed to operate as an authorised securities dealer after meeting the…

CMA licenses 14th coffee brokerage firm

As part of its efforts to deepen coffee sub-sector reforms, the Capital Markets Authority (CMA) has licensed Kirinyaga…

AA Kenya’s restricted public offer secures CMA approval

The Capital Markets Authority (CMA) has granted AA Kenya approval for a restricted public offer. The…

CMA to participate in World Investor Week 2023

The Capital Markets Authority (CMA) has announced its participation in the World Investor Week (WIW) 2023…

ILAM Fahari I-REIT to buy back units worth Kshs 402 million

The Nairobi Securities Exchange (NSE) listed real estate investment trust ILAM Fahari Real Estate Investment Trust, has…

Dennis Okari among Exness Team Pro trading stars

Multi-asset broker Exness announced the launch of its new program – Exness Team Pro. The program…

CMA extends trading activities at the Nairobi Coffee Exchange

The Capital Markets Authority (CMA) has extended the in-principle approval granted to the Nairobi Coffee Exchange…

CMA to support Nairobi City County Government to issue a green bond

The Capital Markets Authority (CMA) has engaged the Nairobi City County government on fund raising opportunities…

Vuka Investment Platform completes CMA Regulatory Sandbox trial

The Capital Markets Authority (CMA) has granted a ‘No Objection’ to Acorn Investment Management Limited, to…

CMA licenses five capital market players

The Capital Markets Authority (CMA) has issued licenses to four companies under the Capital Markets (Licensing…

CMA admits Sortika App to the Regulatory Sandbox

The Capital Markets Authority (CMA) has admitted Altree Capital Kenya Limited, a licensed Fund Manager, to…

Crowdfunding regulations gazetted

The Capital Markets (Investment-Based Crowdfunding) Regulations, 2022 have been gazetted paving the way for Micro, Small…

First Robo-Advisor graduates from the CMA Regulatory Sandbox

The Capital Markets Authority (CMA) has granted a ‘No Objection’ to Fourfront Management Limited to roll…

Chumz offering a platform to invest as low as five shillings

Kenyans can now invest as little as five shillings on their mobile phones thanks to a…

CMA issues the fourth edition of the state of corporate governance report

The Capital Markets Authority (CMA) has issued the Fourth Edition of the Report on the State…

CMA issues guidelines on share buybacks

The Capital Markets Authority (CMA) has announced the issuance of the Guidelines on Share Buybacks for…

MTN Uganda gets green light from the CMA to market its IPO in Kenya

Kenya’s Capital Markets Authority (CMA) has provided its ‘no objection’ for The MTN Uganda Initial Public…

Two coffee brokers now fully licensed

The Capital Markets Authority (CMA) has issued two full licenses and extended two provisional licenses granted…