Capital Markets Authority News
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The Nairobi Securities Exchange, the world’s third-best performing equities market this year, will begin online trading in the fourth quarter as it tries to enable more people to have access to the bourse.
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The Rwanda Stock Exchange and Capital Markets Authority will begin operating Jan. 31, Robert Mathu, Executive Director of the Capital Markets Advisory Council said by phone today from the capital, Kigali.
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The staff of the Amman capital markets authority have called for an open-ended strike to protest a decision by the Jordanian government to restructure wages, the Levatine country’s stock exchange website said .
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Kenya’s Nairobi Stock Exchange plans to start a new market targeting small businesses within 12 months, Head of Market and Product Development Donald Ouma said.
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Kenya’s Capital Markets Authority approved the lifting of a suspension on trading in Uchumi Supermarket Ltd.’s shares with conditions, according to a statement e-mailed by the regulator today from Nairobi, the capital.
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Kuwait hired HSBC Holdings Plc to help the privatization of the country’s stock exchange, the third-biggest bourse by market capitalization in the Persian Gulf.
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The Canadian government is moving ahead with plans to increase the threshold for foreign takeover reviews, Industry Minister Christian Paradis said.
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Centum Investment Co., Kenya’s largest publicly traded investment group, was fined by the East African country’s Capital Markets Authority for not issuing a warning before reporting a 48 percent drop in annual profit.
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CMC Holdings Ltd., Kenya’s biggest publicly traded auto dealer, was suspended from trading on the Nairobi Stock Exchange for seven trading sessions after a dispute over fees paid to a logistics company.
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Kuwait’s Capital Markets Authority set new procedures for companies planning to acquire more than 30 percent of a listed stock, including requiring an independent opinion, according to a circular published in local newspapers.
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