Press Releases
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CMA Approves Ziidi Shariah Money Market Fund
Nairobi, 20 February 2025 – The Capital Markets Authority (CMA) has granted approval to Gulfcap Investment Bank to register the Ziidi Shariah Money Market Fund. The fund is a Shariah-compliant investment product designed to cater to the growing demand for Islamic finance in Kenya.The Ziidi Shariah Money Market Fund will operate as a standalone fund […]
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CMA Licenses New Fund Manager
Nairobi, 20 February 2025 – The Capital Markets Authority (CMA) has licensed Tradiam Investments Services Limited as a fund manager, increasing the total number of licensed fund managers in Kenya to forty three. The CMA Chief Executive Officer, Mr. Wyckliffe Shamiah, observed that there has been substantial growth in the assets under management as collective […]
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CMA engaging Genghis Capital Ltd on the unmet contractual obligations
Nairobi 22 January 2025… In line with its investor protection mandate, the Capital Markets Authority (CMA) is engaging Genghis Capital Limited to get a roadmap on how the firm intends to address the outstanding debt owed to its stakeholder.CMA would like to clarify that clients’ assets are held in segregated accounts separate from the funds […]
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CMA Issues the Seventh Edition of the State of Corporate Governance Report
Nairobi, 06 January 2025…The Capital Markets Authority (CMA) has issued the Seventh Edition of the Report on the State of Corporate Governance for Issuers of Securities to the Public in Kenya. The report is for the financial year 1 July 2023 to 30 June 2024. The annual publication outlines CMA’s independent assessment of companies listed […]