The Central Depository and Settlement Corporation (CDSC) has suspended the new Sh100 monthly charge on stock market accounts after investors protested the extra cost of trading at the Nairobi Securities Exchange (NSE).
CDSC, which facilitates holdings of shares in electronic accounts opened by shareholders and manages the process of transferring shares traded at the stock exchange, said it had recalled the notice to allow for further consultations with the regulator and market stakeholders.
