Vodafone, Vodacom reap Sh22b from Safaricom dividend payout standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
THE STANDARD
BUSINESS
Director Regulatory Policy and Strategy Luke Ombara with CMA Head of Marketing for SSA Dr. Alex Mswaka shake hands when the Association of Chartered Certified Accountants and the Capital Markets Authority signed an MoU to undertake joint financial literacy initiatives for an additional period of two years.[Wilberforce Okwiri]
The Capital Markets Authority (CMA) has admitted KOA Save Africa Limited and Moneto Ventures Limited to the Regulatory Sandbox.
The two firms will test their innovations in a live capital market environment, in compliance with the CMA Regulatory Sandbox Policy Guidance Notes (PGN), in line with the commitment to develop and deepen the capital markets by facilitating the deployment of financial technology (fintech).
THE STANDARD
BUSINESS
Safaricom CEO, PeterNdegwa (centre), with, Cabinet Secretary ICT Joe Mucheru and Acting Director General Mercy Wanjau during the launch of the 5G network at the Micheal Joseph Centre.[Standard]
The capital markets regulator has approved Safaricom’s mobile investment product dubbed Mali.
The move brings the telco a step closer to launching the product that could disrupt retail investing at the Nairobi bourse.
In its latest report on the progress of various investment solutions in its regulatory framework, the Capital Markets Authority (CMA) said the collective investment scheme (CIS) developed in partnership with fund manager Genghis Capital could pose significant regulatory challenges.
Safaricom s investment scheme gets CMA s nod standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
Safaricom (SCOM.NR), Kenya's biggest telecoms operator, posted a drop in its full-year core earnings as the impact of the COVID-19 pandemic cut revenue from financial services and calls, though it predicted a recovery based on second-half numbers.