CMA Tribunal appointments to unlock stalled deals

The Carbacid factory based in Industrial Area, Nairobi. FILE PHOTO | NMG

The appointments to the Capital Markets Tribunal have paved the way for the resolution of long-standing issues in Kenya’s capital markets including the stalled acquisition of BOC Gas Kenya by Carbacid.

Other pending issues at the tribunal include the Capital Markets Authority’s (CMA) enforcement action against Imperial Bank directors over the Sh2 billion bond floated before the lender plunged into receivership in October 2015.

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