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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Stockbrokers at the Nairobi Securities Exchange (NSE) have up to six months to cede part of their equity in order to comply with new regulations from Treasury.
According to the new NSE Limited Shareholding Regulations that took effect last Friday, trading participants or simply stockbrokers will no longer be allowed to cumulatively hold more than 40 per cent of the bourse’s equity.
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