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Capital Markets Tribunal paralysis stalls appeals
The CMT was reconstituted in June 2023 after years of inactivity. Before its reconstitution, disputes arising from regulatory action in the capital markets were largely taken to courts.
The Kenya Capital Markets Tribunal (CMT) is facing a severe operational crisis, crippled by a complete lack of quorum for close to five months now, leaving several high-profile corporate disputes and regulatory appeals in limbo.
Sources told Business Daily that the Tribunal has been without the quorum required to hear and determine appeals since mid-May 2026.
