In the first quarter of this year, the total number of junior investors (those below 18 years of age) stood at 302, up from 298 in the previous quarter. Only two new junior accounts were opened in Q1 2022.
Noticeably, these accounts recorded zero trades in the above period - understandably, these are ‘’buy-to- hold’’ type investments. Meanwhile, the total number of investors at the Nairobi Securities Exchange stands at about 2 million according to the Capital Markets Authority (CMA) Q1 (2022) quarterly statistical report. Question is; where are the investing guardians and parents?
