Investors get CDSC charge waivers during service week

Nkoregamba_mwebesa

Central Depository and Settlement Corporation CEO Nkoregamba Mwebesa. NMG PHOTO

The Central Depository and Settlement Corporation Limited (CDSC) has waived commissions and charges for retail investors for a section of its services during the customer service week which runs until Friday.

The depository said that it will waive fees for security transfers, interim statements, pledges, and share releases, but will only apply to the fees directly payable to it, and not those due to other market players such as stockbrokers and the Capital Markets Authority (CMA).

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