April 18th, 2013 by Tom Minney
The regional forum, the East African Securities Regulatory Authorities (EASRA), is seeking to create a harmonized licensing framework for the region for brokers and dealers, and has also approved draft regulations on book-building for adoption by its members. The draft book-building regulations are to be shared with stakeholders in the member States and their views [...]
January 11th, 2013 by Tom Minney
Kenya is stepping up corporate governance and the Capital Markets Authority has appointed a 9-member Capital Markets Corporate Governance Committee.
November 28th, 2012 by Tom Minney
The 86 emerging markets members of the world’s securities markets regulator, International Organization of Securities Commissions form 80% of IOSCO membership and are increasingly important in the global economy. They back setting up IOSCO Foundation, to boost funding so IOSCO can scale up research, education and training and technical assistance.
October 16th, 2012 by Tom Minney
Kenya’s Capital Markets Authority (CMA) is pushing the development of the capital market through today’s (16 Oct) launch of a 16-member steering committee to formulate the Capital Markets Master Plan (CMMP) covering the next 5 years of development.
June 4th, 2012 by Tom Minney
Rwanda’s Savings and Credit Cooperatives (known as SACCOs) are being encouraged to take more interest in investing into the capital market including bonds and equities. They are estimated to hold deposits worth over RWF15 billion (US$24.7 million).
October 28th, 2011 by Tom Minney
Mark Mobius, veteran emerging markets investor and head of Templeton Emerging Markets, is bullish about the Nairobi Securities Exchange (NSE), although it is the worst-performing stock market in sub-Saharan Africa this year, according to the Financial Times.
October 3rd, 2011 by Tom Minney
Kenya’s Capital Markets Authority has drafted proposals on corporate governance and is waiting for approval so they can be gazetted and become law.