Press Releases
CMA approves Diamond Trust Bank rights issue
We would like to clarify that the Board of the Capital Markets Authority has adequate quorum as prescribed under the Capital Markets Act Chapter 485A of the Laws of Kenya to conduct business and make decisions notwithstanding the lapse of term for some of its members.The Board currently has seven members and this number surpasses […]
CMA approves issuance by Britam of a Ksh5 billion corporate bond with a green shoe option of Ksh1 billion
Nairobi, June 6, 2014…In an effort to deepen the corporate bond market, the Capital Markets Authority (CMA) has approved the issue of a Ksh5 billion Medium Term Note Programme by British American Investment Company (Britam) to be used to fund strategic business initiatives. Prior to giving the approval, the Authority reviewed information provided and is […]
CMA releases Corporate Governance Code for Listed Companies
Nairobi, May 19, 2014…The Capital Markets Authority (CMA) has today released a draft Code of Corporate Governance Practices for public listed companies in Kenya, in exercise of the powers conferred by sections 11(3) (v) and 12 of the Capital Markets Act. The draft Code will be placed on exposure to the public for a period […]
CMA grants Investment Advisor license to MTC Capital Limited
Nairobi, April 10, 2014…The Capital Markets Authority (CMA) has granted a license to MTC Capital Limited to operate in Kenya’s capital market as an Investment Advisor under the Capital Markets Act and Regulations. The license is effective from March 27, 2014.The license approval will enable the company to offer advisory services for debt issues, commercial […]