The Committee shall broadly address all matters trade and technical. These shall include legislative, regulatory, privatization, new listings, new products etc.
The Committee shall address the numerous problems that were associated with the Safaricom IPO refunds and seek ways by which Members can be refunded the monies owed to them and held at Citi Bank.
The Committee shall address Training and Certification of Members and agents, including resolving and seeking clarity on the current ICIFA / CISI certification.
The Committee shall explore ways by which KASIB shall raise funds both in the medium and long term.
Code of Ethics
This is when a listed company draws a register of the names and addresses of all its shareholders and directors. It is a requirement, although it’s usually done for purposes of future correspondence with the shareholders..
This generally refers to the prevailing outlook and mood of the investing public and institutions. It depends largely on the current and anticipated economic situation but is also influenced by political and social factors. Example; political instability creates a negative investment climate where investors shy away from investing in the capital market..
This is a long term debt instrument issued by companies for a fixed rate of interest over a stipulated period. They can be secured against assets held by the company or can be unsecured, backed only by the integrity of the borrowing company. Interest is paid at specified dates regardless of whether the company registered profits or not. Convertible debentures can be either fully or partly converted to ordinary shares after a stated period of time..
This is short for ‘member of the Nairobi Securities Exchange’ and refers to the stockbrokers holding membership at the exchange. Membership is mandatory in order to fill in trades for clients on the exchange. It is also referred to as owning a seat at the NSE..
A share is said to rebound when it registers a sustained increase in price, after a period of decline..