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.
CMA Director, Policy and Market Development, Luke Ombara. [David Gichuru, Standard]
The Capital Markets Authority (CMA) anticipates unlocking liquidity in the market with the review of licensing rules for intermediaries even as it insists it will not interfere with the market by setting minimum prices.
CMA said it will be hands-off and let the market take its course, which appears to be a change of mind from earlier reports of plans to set floor prices in partnership with the Nairobi Securities Exchange (NSE).
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