CMA to train small investors.

The capital markets Authority- CMA, will hold a public forum for small investors, to educate them about capital markets, investing in shares, and raising money through the Nairobi Securities exchange- NSE. While the KenGen IPO is debited as bringing the investment of shares into the public mainstream, subsequent losses in Eveready, Safaricom and Access Kenya shares saw many retail investors pull away from the capital markets, for fear of losing money.
Many local investors are also divesting from the securities market, leaving up foreigners to buy a majority of the shares, perhaps worrying analysts that a foreign domination of the Kenyan companies is imminent. It is estimated that foreigners own about 650 billion shilling worth of shares at the NSE.

Posted in: Business News