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CMA posts 16% rise in earnings

11th April, 2012

 An increase in rights issues and listing of new companies at the Nairobi Securities Exchange has seen the capital markets post a 16 percent rise in earnings for the period ended June 30th 2011. Earnings during the period rose to Sh565m compared to the Sh429m recorded a year earlier. Capital Markets Authority Chief Executive Stella Kilonzo also attributes the performance to recovery of the capital markets that saw a net surplus of income rise of up to Sh27m. Bonny Tunya has the details.

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