Listed firms to share financial calendar under new CMA rules

Nairobi Securities Exchange.  

Photo credit: File | Nation Media Group

Companies listed on the Nairobi Securities Exchange will now be required to develop and submit to the regulator a forward-looking calendar of corporate announcements, including release of financial statements and dividend payment dates.

The Capital Markets Authority (CMA) and NSE have issued a joint circular to all listed firms asking them to start preparing and submitting forward-looking event calendars as part of the initiative to enhance transparency and improve communication between the companies and investors.

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