CMA Director Regulatory Policy and Strategy Luke Ombara (left) with Alex Mswaka after inking a pact. [Wilberforce Okwiri, Standard]Kenyans could soon buy shares in the Kenya Ports Authority (KPA) and Kenya Pipeline Company (KPC) as the government seeks to reverse declining investor confidence at the Nairobi Securities Exchange (NSE). “We also believe that the State offloading more shares in public corporations could stimulate the participation of more local investors,” said CMA Director Regulatory Policy and Strategy Luke Ombara. This has raised concerns about CMA and NSE efforts to up investments from Kenyans. CMA wants firms that bid for the State's Sh3 billion Credit Guarantee Scheme to list at the bourse.

Source: Standard Digital October 28, 2020 06:22 UTC