KASIB's Role in CMA

KASIB plays its part towards facilitating development of Capital Markets within Kenya and East Africa through collective views, representation and backing of our members. We actively engage in promoting the implementation of the Capital Markets Master Plan 2014 - 2023 KASIB engages with domestic, regional and international exchanges, depositories, custodians, government, the public and other specific stakeholders from time to time in developing our Capital Market. We make policy recommendation and give input on draft. 




Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Beneficial Owner : 

    A beneficial owner is the true owner of a security who enjoys the benefits of ownership even though the title could be in another name.

  • Eligible Securities : 

    These are shares, debentures and bonds which banks will accept as collateral for loans. Most of the shares listed at the Nairobi Securities Exchange are eligible securities.

  • Earnings Yield : 

    This is the net profit after tax of a company divided by the total market price of its shares.

  • Payout Ratio : 

    The payout ratio indicates how much of a company’s earnings are actually paid out as dividends to shareholders. It is calculated by dividing the dividends per share by the earnings per share. Example; a very low payout ration may indicate that the company is keen to retaining its earnings rather than pay out dividends.

  • Holding Company : 

    This is a company that holds enough voting shares (not necessarily 51%) in another company to control management and operations by influencing or electing its board of directors. It is also referred to as the parent company.