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 the price of a share drops in value on a given trading day, closing at a lower price than that which it opened at..
This is the cash denomination of a debt instrument e.g. a bond. It is the amount of money that the holder of the debt instrument receives from the issuer upon its maturity. It is also referred to as par value or principal..
This is a limited liability company whose shares have been issued through an initial public offering and are traded at the stock exchange..
A financial instrument is a contract that represents a legal agreement involving monetary value. Financial instruments are either equity based; representing ownership of an asset, or debt based representing a loan made by the investor to the owner of the asset; or foreign exchange instruments..
This is the portion of a company’s profit after tax that is allocated to each ordinary share. It is calculated by dividing the net profit by the number of ordinary shares. It serves as an indicator of the company’s profitability and is considered the single most important variable in determining a share’s price..