Press Releases
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CMA Approves Two New Funds to Expand Investment Opportunities for Sophisticated Investors
Nairobi, 14 November 2024 – The Capital Markets Authority (CMA) is pleased to announce the approval of two significant funds, enhancing investment opportunities for sophisticated investors.Faida Investment Bank Limited has received approval to establish the Oak Multi-Asset Special USD Fund under the Faida Umbrella Fund. This USD-denominated fund targets high-yield assets such as global sovereign […]
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CMA Approves New Collective Investment Schemes from various Asset Management Firms
Nairobi, 14 November 2024 – The Capital Markets Authority has approved four new funds by licensed asset management firms. These funds will be offered to investors with diversified investments across different asset classes and geographical regions. Britam Asset Managers Limited has been authorized to introduce the Britam USD Money Market Fund, under the Britam Unit […]
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FiRe Awards Promoters Push for Enhanced Accountability, Transparency in Resource Use
Nairobi, 27 August 2024… The promoters of the Financial Reporting (FiRe) Award have today launched the FiRe Award 2024 edition in a move aimed at pushing for integrated financial reporting across the private and public sectors in the country, thus enhancing accountability and transparency in resource management. This year’s Award’s theme is “championing for effective […]
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CMA Licenses Three Coffee Brokers
Nairobi, 01 August 2024…The Capital Markets Authority (CMA) has announced the issuance of full coffee brokerage license to three companies allowing them to trade at the Nairobi Coffee Exchange. The expansion of the pool of licensed coffee brokers is anticipated to spur the uptake of new commodities products and services and grow market turnover.Nandi Coffee […]