Nairobi September 30, 2014…Capital Market Authority (CMA) Kenya’s Acting Chief Executive, Mr. Paul Muthaura, has been elected to the prestigious Board of the International Organization of Securities Commissions (IOSCO). IOSCO is the premiere reference point for securities regulation and standard setting for the global capital markets regulatory community.  This position has been re-emphasized through its […]

Nairobi September 23, 2014…The Capital Markets Authority (CMA) has approved a rights issue for NIC Bank Limited in accordance with the requirements of Regulation 11 of the Fourth Schedule to the Capital Markets (Securities) (Public Offers, Listing and Disclosure) Regulations, 2002.  The approval will allow the bank to raise funds from the capital markets through […]

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 […]

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 […]