The Capital Markets Authority
Corporate Governance Guidelines 2002
Current Constitution of Kenya
The Central Depositories (Regulation of Central Depositories) Rules 2004
The Capital Markets (Securities) (Public Offers Listing and Disclosure) Regulations 2002
The Capital Markets (Take overs and Mergers) Regulations, 2002
The Capital Markets (Foreign Investors) Regulations 2002
The Capital Market (Licensing Requirements) (General) Amendment Regulations 2009
Capital Markets (Registered Venture Capital Companies) Regulations 2007
Code of Ethics
A hot issue is an initial public offering (IPO) that is in great demand. Hot issues are normally oversubscribed. An example is the Safaricom IPO in 2008..
This is a set of quantifiable measures that a company uses to measure if it is attaining its performance and operational goals. The indicators vary from one company to another and can be financial and/or non-financial..
One hundredth of a percentage point. Example; the difference between 4.50% and 4.75% is 25 basis points..
This is when a stockbroker accepts an investor’s shares as collateral for a loan to purchase more shares for the investor..
This is the total number of shares that a company is permitted to issue according to its memorandum and articles of association. This number can only be increased if a resolution is passed to that effect by the majority of the shareholders and an application made to the registrar of companies..