CMA Licenses Jipay and Sycamore as Intermediary Service Platforms
The Capital Markets Authority (CMA) has licensed Jipay Payment Solutions and Sycamore Capital as Intermediary Service Platform Providers (ISPPs). For real time market updates and analysis, join our WhatsApp Channel. [...]
Umeme Shares Crash 71% From July Dividend Peak, USE Listing Holds Flat
Shares of Uganda’s ex-power distributor, Umeme Limited, have plunged 71% on the Nairobi Securities Exchange (NSE), closing at KSh 6.94 on Tuesday, September 23, from a peak of KSh 23.70 [...]Etica Capital's Multi-Asset Fund, Acorn Build-to-Rent REIT, Get CMA Approval
The Capital Markets Authority (CMA) has granted four new licenses to broaden intermediaries in Kenya’s capital markets, coming a day after earlier approvals. CMA also approved Etica Capital Limited to [...]Foreign Selling Drives NSE Indices to Steepest Fall Since Trump Tariffs
Foreign investors staged their sharpest exit of the year from the Nairobi Securities Exchange (NSE) in the third week of September, triggering the steepest market declines since April’s Trump tariff [...]CMA Licenses First Climate-Focused Fund Manager in Kenya
The market watchdog, Capital Markets Authority (CMA), has granted four new licenses to expand the scope of intermediaries in Kenya’s capital markets. For real time market updates and analysis, join [...]LafargeHolcim Winds Up Kenyan Unit After Bamburi Cement Sale
LafargeHolcim East Africa Limited has entered members’ voluntary liquidation, formally ending the Swiss cement giant’s presence in Kenya after nearly six decades of operations. For real time market updates and [...]NSE Increases Margin Levels for Derivatives Contracts
The Nairobi Securities Exchange (NSE) has increased initial margin requirements across multiple single stock and index futures, effective 19 September 2025, in a move aimed at strengthening risk management within [...]Kenyan Company to Acquire Aga Khan 54% Stake in Nation Media Group
The Capital Markets Authority has exempted NPRT Holdings Africa Limited from making a mandatory takeover offer to minority shareholders of Nation Media Group Plc (NMG), clearing a key hurdle in [...]Flydubai Expands Kenya Routes with New Nairobi Flights, Upgrades Mombasa
Gulf-based carrier, Flydubai, will expand its footprint in Kenya next month by adding Nairobi to its network and upgrading its Mombasa route to a daily service as the airline deepens [...]
CBK Raises KSh 61.4Bn from Long-Term Bond Reopenings After 30-Year Flop
The Central Bank of Kenya (CBK) has raised KSh 61.44 billion from the reopening of two long-dated Treasury bonds, reversing a weak start to its September bond sale programme. Both [...]Tribunal Bars CMA From Using Media Reports in Corporate Governance Assessments
A Tribunal has ruled that the Capital Markets Authority (CMA) acted improperly by relying on press coverage in its evaluation of Limuru Tea PLC’s corporate governance, declaring that regulators must [...]Treasury Redeems KSh 15.2Bn 12-Year Tax-Free Infrastructure Bond
The National Treasury has redeemed the 12-year tax-free infrastructure bond IFB1/2013/12, settling KSh 15.2 billion on its 15 September 2025 maturity date. For real time market updates and analysis, join [...]
