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Ex-Kestrel chief ban lift bid flops

Mr DeSimone was also slapped with a fine of Sh1.1 million by Icifa on the claims of disclosing price-sensitive material. ....

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Moi allies due to get Sh390m more for Transnational

Access Bank acquired a 99.98 percent stake of Transnational Bank and paid Sh1.21 billion in cash in early 2020 for the deal valued at Sh1.56 billion. ....

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Legal battle deny CMA insider trading fines

Legal battle deny CMA insider trading fines
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

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Kestrel Capital exits fund management

THE STANDARD
By
Frankline Sunday |
January 24th 2021 at 09:54:24 GMT +0300
The Nairobi Securities Exchange electronic trading screen (PHOTO: FILE)
Investment firm Kestrel Capital East Africa is shutting down its fund management business in a move that will see one of the most prolific names at the Nairobi Securities Exchange bow out.
In a Kenya Gazette notice on Friday, the Capital Markets Authority (CMA) said Kestrel Capital had notified it of the decision that would take effect on February 8 unless any objections are raised.
“It is notified for general information that the licensee appearing in the schedule hereinafter have notified the Capital Markets Authority of their intention to cease operation of their investment bank activities and the authority has accepted the request for revocation of their license,” said the notice dated December 23, 2020. ....

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