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Capital Markets Tribunal paralysis stalls appeals

Nairobi, Sept. 21 -- The Kenya Capital Markets Tribunal (CMT) is facing a severe operational crisis, crippled by a complete lack of quorum for close to five months now, leaving several high-profile co... Read More


Trade ministry now backs import tax on clinker

Nairobi, Sept. 16 -- The Trade ministry has officially terminated its plans to repeal the controversial 17.5 percent levy on imported clinker, ending a push-pull with President William Ruto, who had o... Read More


Abandoned cash haul increases to Sh125bn in eight months

Nairobi, Sept. 15 -- Kenya's unclaimed financial assets fund has grown by 8.41 percent (Sh10 billion) in eight months, reflecting a growing trend of citizens losing track of their wealth, as holding c... Read More


Investors snub securities borrowing and lending scheme on share price rally

Nairobi, Sept. 1 -- Investors on the Nairobi Securities Exchange (NSE) are snubbing a scheme that allows for lending and borrowing of securities, put off by a rally in share prices. The scheme, also ... Read More