Tag Archive for 'CMA'

Nairobi opens second derivatives market in sub-Saharan Africa

The Nairobi Securities Exchange says the first trades on its new derivatives market NEXT went smoothly on 4 July, according to media reports. The NEXT market is set up to trade equity index futures and single stock futures. Initially trading is offered in 5 single stock futures and futures on the NSE 25 Index. The […]

African capital markets and innovation key to achieving African agenda

African capital markets are key to African development visions but governments must prioritize market finance structures over donor funding. There are $1trn of assets in pension, insurance and collective investment vehicles across sub-Saharan Africa, speech by Paul Muthaura, CMA Kenya.

Uganda Capital Markets Authority joins IOSCO MMoU Appendix A

Capital Markets Authority (CMA) Uganda has been admitted by International Organisation of Securities Commissions (IOSCO) as signatory to Appendix A of Multilateral Memorandum of Understanding (MMoU).

Rwanda savings and credit coops to look at capital markets?

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).

Kenya’s Capital Markets Authority regulator proposes corporate governance law

Kenya’s Capital Markets Authority has drafted proposals on corporate governance and is waiting for approval so they can be gazetted and become law.