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James Ndegwa exits CMA after six years
Summary
The tenure of billionaire businessman James Ndegwa at the Capital Markets Authority (CMA) has come to an end, bringing to a close his six-year term that was marked with conflict of interest accusations.
Mr Ndegwa, who was first appointed to head the board in April 2015 and reappointed on March 28, 2018, announced his exit at the regulator at a closed virtual CMA forum on Tuesday.
Friday April 16 2021
By BRIAN NGUGI
Summary
The tenure of billionaire businessman James Ndegwa at the Capital Markets Authority (CMA) has come to an end, bringing to a close his six-year term that was marked with conflict of interest accusations.
Hillsboro makes adjustments due to energy prices
The City of Hillsboro Council met on Tuesday, April 6 where they voted to slightly increase the electrical rate ordinance to allow for the collection of surcharges related to the February 2021 winter storm charged to the city by Kansas Power Pool (KPP). The KPP was able to use their emergency funds to keep the power on and help out Hillsboro and other cities.
While the ordinance was approved at the meeting, customers will not see the charge on their bills until the first of June. The June bills reflects energy usage from mid-April to mid-May.