Cytonn set to launch asset management division

Edwin Dande, Cytonn’s chief executive. FILE PHOTO | NMG

Cytonn Investment is set to launch its asset management arm in Nairobi on Monday, following approval by the Capital Markets Authority (CMA) as a licensed Real Estate Investment Trust manager.

The move will see it increase its asset management portfolio, which stands at Sh21 billion, when it officially launches Cytonn Asset Managers.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.