Tribunal appointments delay stalls corporate buyouts

Capital Markets Authority (CMA) CEO Wycliffe Shamiah. PHOTO | DIANA NGILA | NMG

The vacancies at the Capital Markets Tribunal are yet to be filled, stalling buyouts of public firms and other transactions that have been opposed at the judicial body.

The Business Daily has learned that the Judicial Service Commission (JSC) is yet to appoint a secretary and another member.

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