The Central Depository and Settlement Corporation says the monthly charges on stock accounts that come into effect in July will not be suspended. CDSC says stakeholders were given six months to make their input to the proposal before it was implemented. CDSC Chief Chris Mwebesa says the 100 shillings monthly levy on the account is very small to cause investor flight from the market. The levy has been criticized by stockbrokers and money market managers.
Business News
Investors at NSE to pay Ksh.100 monthly
General News3 years ago
Rayvanny officially leaves Diamond’s WCB Wasafi after 6 years
General News3 years ago
Raila Odinga is the most popular presidential candidate, a survey released by Infotrak
General News3 years ago
Newly-crowned Kenyan Wimbledon champion Angella Okutoyi would like to play against American star Serena Williams
General News3 years ago
The Mombasa High Court has ordered IEBC to clear Sonko to run for the Mombasa governorship.
General News3 years ago
A new born baby was pulled out of latrine in Mururi.
Entertainment3 years ago
Kenyan Rapper Colonel Mustafa has leveled fresh accusations against his ex-girlfriend Katoto.
Sports3 years ago
Okutoyi and Nijkamp qualify for Wimbledon Open final
World News3 years ago
Fans will have to brace themselves for a sober 90 minutes, the Gulf Arab state announces.
World News3 years ago
Angola’s longest ruler dos Santos dies at 79
World News3 years ago