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The Standard Group Plc is a
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Following Micah Cheserem’s February 20 appointment to chair the Capital Markets Authority (CMA), we were the first to welcome the move. The basis for our optimism was his record as Central Bank of Kenya Governor, during which he whipped commercial banks into submission, reminding them that their core business was lending to the public, not getting rich off Government paper.
We also challenged Deputy Prime Minister and Minister for Finance, Uhuru Kenyatta, to carry out radical surgery of the capital markets, and restore investor confidence in them.
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