Press Releases
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 on […]
CMA Licenses New Fund Manager and Admits One Firm to the Regulatory Sandbox
Nairobi, 02 January 2025 – The Capital Markets Authority (CMA) has unveiled two groundbreaking initiatives, reinforcing its commitment to advancing Kenya’s capital markets. CMA has licensed Kenyan Alliance Asset Management Limited as a fund manager, increasing the total number of licensed fund managers in Kenya to forty two. With its entry into the market, Kenyan […]
Update on the acquisition of Bamburi Cement PLC shares
Nairobi, 04 December 2024 – The Capital Markets Authority (CMA) would like to notify the shareholders of Bamburi Cement Plc and the investing public that Savannah Clinker Limited has withdrawn its competing offer for acquisition of the Bamburi Cement Plc shares today (04 December 2024). CMA has also approved the withdrawal of the offer in […]
CMA Approves Ziidi Money Market Fund From Safaricom PLC
Nairobi, 27 November 2024 – The Capital Markets Authority (CMA) has granted approval to Safaricom PLC to establish the Ziidi Money Market Fund, as a Collective Investment Scheme (CIS), marking another innovative step. The fund will be accessible through the M-PESA platform, making it convenient for subscribers to grow wealth through the capital markets.Safaricom […]
