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About Us

The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AKS) but later changed its name to KASIB in order to accommodate the interests and aspirations of investment banks that also operate as stockbrokers.

The eighteen members all have seats at the NSE and are holders of their respective licenses as stockbrokers or investment banks from the Capital Markets Authority which is the industry regulator.

KASIB was established with the goal of upholding good practice and promoting high professional standards in the Kenyan stockbrokerage industry. This we do through constant consultations with stakeholders and continuously assessing avenues through which the industry can be strengthened and by so doing accelerate the growth of our stock market. KASIB also endeavors to bring perspective and clarity to the industry's complex issues for the purpose of encouraging the investing public to engage more in the stock market.

As a leading player in the capital markets industry, KASIB plays a key role in ensuring that the grievances and aspirations of its members are addressed by facilitating forums and consultative meetings through which solutions can be found.

KASIB has earned credibility by being a vocal advocate of a vibrant and rejuvenated capital market and has tirelessly and constantly sought ways of improving not only itself and its membership, but also the industry at large. This it does through avenues like investor education, corporate governance and promoting good work ethics.

Some of the key objectives that KASIB works to achieve are:-

  1. Advocacy
  2. Lobbying
  3. Union
  4. Market Growth
  5. Investor Education
  6. Code of Ethics
  7. Investor Protection
  8. Interaction

The Association will continue to engage with all stakeholders, especially the investing public, its membership, government, the NSE and CMA to inject vitality in the stock market.

Investor Word for the day

Net Asset Value

This is the value of one share of a mutual fund or unit trust. It is calculated by subtracting any liabilities from the market value of the assets and dividing by the number of outstanding shares.

Useful Resources

  • Capital Markets Authority
  • The Nairobi Stock Exchange