The Capital Markets Authority (CMA) Board has Tuesday approved the public exposure of the draft Capital Markets Master Plan. The Master Plan is expected to guide the development of the Kenyan capital market over the next ten (10) years, and the Authority has been compelled to invite comments from members […]
Author: InvestAdvocate
Shareholders seek more scrutiny of companies
Shareholders have called on capital market regulators to step up efforts aimed at ensuring that companies avoid corporate governance breaches and provide accurate financial information to investors. According to them, while there have been major improvements in the regulation of the capital market over the years, there are still issues […]
UPDATE 2-CBN Retains Rate at 12% for 14th Time, Ups CRR to 75%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%) consecutively for the fourteenth time following its Monetary Policy Committee (MPC) held January 20-21 2013 in Abuja Nigeria. However, the public sector cash reserve requirement (CRR) was tightened to […]
