CMA to Review Outdated Collective Investment Schemes Regulations
The Capital Markets Authority is seeking stakeholder views on draft regulations that will address emerging issues and needs of the investors involved with Collective Investment Schemes(CIS). This is happening when [...]
Ghanaians to Access World-class Medical Services After IFC's $3 Million Investment
The International Finance Corporation (IFC) has partnered with Bergman, Ross and Partners Incorporated (BRP) to provide medical diagnostic services to thousands of Ghanaians. According to information on the IFC website, [...]
CMA permits Ace Financial Advisory to Cease Operations
Capital Markets Authority(CMA) has received notification from Ace Financial Advisory Services of its intentions to cease operations. The Authority has accepted the revocation request and has given the public 45 [...]MTN Quits Race for Ethiopian Telecom License
MTN Group, one of Africa's largest telecommunications company says it has dropped out of the race for a telecom license in Ethiopia. Earlier this year, the company offered $600 million [...]Investment Scams How to Protect Yourself from Them
The rising cases of investment scams have made investors skeptical about investing in financial markets. The question is what should one look out for before investing to protect themselves? You [...]
IFC, Moove, Partner to Ease Movement in Nigeria's Largest City Lagos
Nigeria's largest city, Lagos, is widely known for its heavy traffic. Moove, an African fintech company that provides vehicle financing to customers and the International Finance Corporation (IFC) have partnered [...]CMA Warns Investors Against Investing in Fxbitinvest
The Capital Markets Authority (CMA) on Thursday cautioned investors against investing with Fxbitinvest, an online bitcoin trading company. According to CMA, the company is closely linked to three people identified [...]IM Bank Receives $50 Million IFC Loan to Support SMEs in Kenya
The International Finance Corporation (IFC) has partnered with FMO, a Dutch development bank, to assist small businesses in Kenya by providing funds for working capital, expansion, and to weather the [...]Kenya's Retirement Benefit Schemes Record Improved Returns in Q2, 2021 Survey
Kenya's retirement schemes recorded a median return of 5.4% over the quarter ended 30th June 2021, compared to 2.5% in March 2021- attributed to solid performance in the equities and [...]CMA Recovers KSh 1 Billion belonging to Investors
The Capital Markets Authority (CMA) has recovered KSh 1 billion over the past three years, ill-gotten cash and fines paid by market players who have been found with cases of [...]NSE Foreign Investor Outflows Reach KSh2 Billion in Q2 2021
Kenya's capital markets continued to suffer from capital flight in the second quarter of this year as foreign investors pulled back from risky markets. According to the Capital Markets Soundness [...]Unga Group to Partner with Dutch Animal Feeds Company
Unga Group, a leading animal feeds manufacturer in East Africa, plans to enter into joint venture agreements with the Dutch-based Nutreco, one of the world's biggest animal nutrition and aquafeed [...]
