Investors at NSE to pay Ksh.100 monthly

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.

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