Small businesses will access affordable funding after the Capital Markets Authority (CMA) gazetted a new crowdfunding regulation. The Capital Markets (Investment-Based Crowdfunding) Regulations 2022 is pursuant to Section 12 (1) …
French shipping company CMA CGM will launch a new maritime shipping service linking Morocco, France, and Spain. Operations of the new shuttle service, named “Morocco Shuttle,” will begin on November …
The Nairobi Securities Exchange (NSE) has petitioned the Capital Markets Authority (CMA) to amend regulations that impose term limits for its CEO and allow the bourse to extend the tenure …
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 roles during …
Local institutional investors have acquired shares worth Sh9.5 billion in Safaricom following the exit of domestic shareholders and foreigners, reversing the government’s objective of boosting Kenyan retail investors’ stake in …
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 …
The Capital Markets Authority (CMA) has reviewed the credit rating agencies guidelines, in a bid to enhance best practices on the conduct of sovereign or company ratings in Kenya. Following …
The Kenya Revenue Authority (KRA) has opened investigations against food producer Kakuzi over allegations of paying less tax as a result of cross-border financial deals with its majority shareholder Camellia …
Foreign investor outflows at the Nairobi Securities Exchange surged more than six times to Sh10.8 billion in the quarter ended June 2022, as the foreigners sought safer investment destinations amid …