CMA on the spot again as Express Kenya ban lifted

CMA chief executive Paul Muthaura. FILE PHOTO | NMG

The Nairobi Securities Exchange (NSE) #ticker:NSE has lifted its suspension of Express Kenya #ticker:XPRS after the company became the subject of a buyout bid, leaving investors at a crossroads.

The action once again turns the heat on the Capital Markets Authority (CMA), which has been at pains to explain whether suspension of trading is the new norm for such transactions.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.