Sharp Daily
No Result
View All Result
Sunday, October 19, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Capital markets: A crucial component for economic growth

Edwin H. Dande by Edwin H. Dande
April 5, 2024
in News
Reading Time: 2 mins read

Capital markets are essential for funding businesses, ventures, and ideas. There is a strong correlation between a nation’s prosperity and the vibrancy of its capital markets. In short, it’s not just a good thing to have; it’s a must-have if we want to increase funding for businesses and improve our standards of living.

President Ruto’s administration started off with capital markets as a core area of focus. It took important steps that were a good signal. Two specific steps include firing the previous conflicted Capital Market Authority (CMA) board and jumpstarting the capital market tribunal.

These two actions have been very impactful, as we now have a board that is open and approachable to all market participants, not just the connected few and the tribunal is determining matters expeditiously. Consequently, the administration deserves recognition for fulfilling its promise of promoting freedom within capital markets.

Nevertheless, there remains ample room for improvement, as exemplified by recent events such as Fahari’s delisting, an action that is contrary to the President Ruto’s directive to increasing listings. To address these challenges, the following recommendations merit consideration:

RELATEDPOSTS

Business Trends Graphs and charts 3d image
Reference Earth Map taken from open source: http://visibleearth.nasa.gov/view_rec.php?vev1id=11656 
Software used: 3dsMax
Date of creation (rendered) - 26.08.2011
All layers used

Unlocking Kenya’s potential: Why capital markets matter

February 4, 2025

Kenya’s real estate sector hamstrung by underdeveloped capital markets

July 26, 2024
  1. Supplement the good CMA management with people with real market experience. You can’t appropriately regulate and grow what you have never practiced.
  2. Remove banks as the sole supervisors of capital markets because banking markets and capital markets are supposed to compete, hence banks should not supervise capital markets.
  3.  Address restrictive minimum investment requirements hindering participation in housing investment. Arbitrary thresholds, such as the current KES 5 million minimum, deter potential investors.
  4. Enable unit trust funds to operate multiple bank collection accounts, facilitating convenience for clients. The current restriction to a single bank account is unnecessary and counterproductive.
  5.  Stop the culture of silencing capital market critics; it only entrenches mediocrity.
  6. Speed up approval and decision processes.
  7. Allow for specialty funds to finance sectors such as housing, which is a government priority.

While commendable progress has been made under the current administration, sustained efforts are essential to address existing challenges and realize the full potential of Kenya’s capital markets in driving economic growth and prosperity.

Previous Post

Alleged mastermind of KES 151 million Tantalum minerals scam arrested in Nairobi

Next Post

Kenya Power ramps up procurement for youth, women and PWDs

Edwin H. Dande

Edwin H. Dande

Chief Executive Officer at Cytonn Investments

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

The Challenge of Preserving Retirement Savings in Kenya

October 16, 2025

Understanding Segregated vs Guaranteed Pension Schemes

October 16, 2025

The Sanlam-Jubilee deal

October 16, 2025

Kenya’s industrial real estate awakening

October 16, 2025

Stanbic Kenya in advanced talks to acquire NCBA: A game-changer in Kenya’s banking sector

October 16, 2025

CBK flags surge in financial fraud as losses triple to KES 1.6 billion

October 15, 2025

StanChart Kenya retirees face fresh legal stalemate over KES 7.0 billion pension payout

October 15, 2025

U.S. bank earnings take center stage amid government data freeze

October 15, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024