Financial firm raises profile to woo rich investors

Mr Mwebesa: “In a downturn you don’t survive by saving. We’re investing in systems that enable us to take advantage of the stock market once it rebounds.” / Michael Mute

Stockbrokerage firm, CfC Financial Services, has completed a corporate make-over that now finally identifies it as a subsidiary of South Africa’s Standard Bank Group.

The brokerage firm will now operate under the name CfC Stanbic Financial Services and is angling to reap from the participation of both local and foreign institutional investors at the Nairobi Stock Exchange (NSE).

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