Press Releases
CMA clarifies that Genghis Capital Limited is not under statutory management but directs the firm to conclude discussions on the unmet contractual obligations
Nairobi 11 March 2025… The Capital Markets Authority (CMA) would like to clarify that Genghis Capital Limited has not been placed under statutory management.CMA notes that Genghis Capital Limited unmet contractual obligations to a third party remain outstanding and has consequently directed the firm to expedite resolution.The operations of the Genghis Unit Trust Scheme are […]
CMA Suspends Trade Sense Ltd License for 90 days
Nairobi, 04 March 2025…The Capital Markets Authority (CMA) has announced the suspension of the Money Manager licence issued to Trade Sense Limited for a period of ninety days for failure to comply with various regulatory requirements. The suspension is effective 03 March 2025.The enforcement action underpins CMA’s mandate to protect investors and ensure the proper […]
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 […]
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 […]
