Nairobi, 12 January, 2024…The Capital Markets Authority has announced the successful exit of Sycamore Capital Limited from the Regulatory Sandbox and approval to operate as a mobile-based Collective Investment Scheme intermediary service platform provider through the Cashlet mobile application. The approval granted pursuant to Section 11 (3) (f) of the Capital Markets Act and Paragraph […]

Nairobi, 4 January, 2024… In line with its commitment to deepen and develop the capital markets industry by facilitating the deployment of financial technology (fintech), the Capital Markets Authority (CMA) has announced the admission of Frictionless Enterprises Limited to its regulatory sandbox.Frictionless Enterprises Limited intends to test Power IO App, a mobile application that enables […]

Nairobi, 28 December 2023…The Capital Markets Authority (CMA) has released the 6th edition of its annual State of Corporate Governance Report. The Report highlights the performance of listed companies in adhering to corporate governance principles within the Code of Corporate Governance Practices for Issuers of Securities to the Public, 2015.The comprehensive assessment features governance self-assessments […]

Nairobi, 21 December 2023…The Capital Markets Authority (CMA) has expressed support for the adoption of technology in ESG data collection to enhance transparency in ESG reporting. This is aligned to CMA’s ambition of leveraging technology to enhance efficiency of the capital markets value chain. The CMA Chairman, Mr. Ugas Mohamed, observed that enhancing the efficiency […]