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Bourse shifts cash settlements to the central bank


Kenya’s capital market has shifted cash settlement of equities and corporate bonds traded on the bourse to the central bank’s payments system, to reduce risks and shorten transaction times, the market regulator said on Friday.

Bourse shifts cash settlements to the central bank

By Reuters | 6 years ago

The 'ugly' side of the 2011/12 Budget

The 'ugly' side of the 2011/12 Budget

Reading the budget, it appears, was the easy part. Now comes the hard part - its negative implications on the economy and the delicate balancing act that the authorities are already knee-deep in.

| 10 years ago

Restore confidence in corporate bond market

A corporate bond is a debt instrument issued by a company to be paid after a given period of time with an interest

Editorial | 10 months ago

How investors were left holding Sh100b bonds they can't cash

It started from the most unlikely of places; Imperial Bank and Chase Bank, and then spiraled into manufacturing and retail with ARM and Nakumatt.

Dominic Omondi | 10 months ago