Thursday, 5 November 2026
Kenyan Digest

Queries over Kenol sale as CMA clears insider trade shares

1 min read
Published

Queries over Kenol sale as CMA clears insider trade shares - Business Daily
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By CHARLES MWANIKI
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Summary

    • 56.8 million shares that were part of the regulator’s probe set for takeover
    • Move has raised queries over the regulator’s handling of the transaction.
    • The CMA Act imposes a fine of not more than Sh2.5 million or a jail term not exceeding two years for insider trading first time offenders
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By CHARLES MWANIKI
More by this Author

Summary

    • 56.8 million shares that were part of the regulator’s probe set for takeover
    • Move has raised queries over the regulator’s handling of the transaction.
    • The CMA Act imposes a fine of not more than Sh2.5 million or a jail term not exceeding two years for insider trading first time offenders
Menu
advertisement
By CHARLES MWANIKI
More by this Author

Summary

    • 56.8 million shares that were part of the regulator’s probe set for takeover
    • Move has raised queries over the regulator’s handling of the transaction.
    • The CMA Act imposes a fine of not more than Sh2.5 million or a jail term not exceeding two years for insider trading first time offenders