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NSE pushes for more women executives in listed firms

NSE pushes for more women executives in listed firms Wednesday February 17 2021 Nairobi Securities Exchange chief executive officer Geoffrey Odundo and Zuhura Ogada, the CEO of New Revenue Solutions Africa and 30% Club Lead in East Africa (right) display the NSE s 30% club membership certificate on February 17, 2021. PHOTO | DIANA NGILA | NMG By BRIAN AMBANI The Nairobi Securities Exchange (NSE) is seeking to have more women occupy at least a third of senior positions in listed companies in order to reap the benefits of gender parity.  On Wednesday, NSE became the second bourse in the continent after South Africa’s Johannesburg Securities Exchange to join the 30% Club, a global gender equality lobby group.

NSE joins global push for more women on boards

NSE joins global push for more women on boards
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Govt Tracks Down Kenya s Secret Billionaires

Govt Tracks Down Kenya s Secret Billionaires President Uhuru Kenyatta with KRA Director General James Mburu at a past event PSCU The government has put pressure on Kenyan companies to disclose their secret investors and shareholders. The new regulation has made it mandatory for wealthy individuals who own more than 10 percent shares of registered companies to disclose their information. KRA, security agencies and the Financial Reporting Centre (FRC) will have access to KRA PINs, national ID or passport copies, postal addresses, residential addresses, occupations, telephone numbers and the date when the investors became beneficial owners of the said companies. File image of Nairobi Securities Exchange Market

90pc of firms yet to reveal secret investors identity

90pc of firms deny State investors phones, homes Tuesday February 16 2021 Summary The Attorney-General’s office says 57,000 of Kenya’s registered 590,000 companies have so far met legal demands for both private and public firms to provide personal information of investors who own more than 10 per cent stake. This represents a compliance rate of 9.6 per cent, which prompted the State to push forward the deadline for compliance to July from January. It is now a prerequisite for new firms to fill the beneficial ownership registers ahead of registration and existing ones have less than five months to comply in a major shake-up of shareholder records.

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