FIRE AWARD 2016 Guest of Honour AnnouncedNairobi October 10, 2016…. The promoters of FiRe Award (Excellence in Financial Reporting Award) have confirmed Ms Olajobi Makinwa, Chief Africa at the United Nations Global Compact as the Guest of Honour during the Gala Dinner and Award Ceremony, scheduled for October 28, 2016 at the Windsor Golf Hotel […]

Nairobi July 18, 2016…As part of its mandate of ensuring fair, orderly and efficient markets, the Capital Markets Authority (CMA) has launched an anonymous reporting portal to enable whistle blowers to report malpractices in the capital markets. Speaking while announcing the launch of the portal, CMA Chief Executive, Mr Paul Muthaura, said the Authority is […]

Nairobi May 31 2016…. The Board of the Capital Markets Authority (CMA) has today commenced enforcement proceedings for the individual former directors of Imperial Bank Limited (IBL) under Section 26(8) of the Capital Markets Act, which requires the Authority to give persons to be affected by its enforcement actions an opportunity to be heard before […]

Nairobi, 10 May, 2016…The Capital Markets Authority has granted approval to the Kenya Electricity Generating Company (KenGen) to undertake a rights issue in which the electricity generator seeks to raise Kshs28.7 billion by issuing and listing 4,396,722,912 new ordinary shares. The rights will be issued on the basis of two new ordinary shares for every one existing […]