A couple of things you are waking up to this morning:
1. In what seems to be a deal gone sour, a section of members of parliament have threatened to reintroduce a law seeking to control bank interest rates.
Daily Nation
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3. African countries are seeking to harmonise regulation of traded securities as capital markets on the continent grow more sophisticated.
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5. More than 500 acres of land belonging to a State corporation have been illegally sold, putting the buyers at the risk of losing millions of shillings in sham transactions.
6. East African Securities Exchanges Association (EASEA) has adopted Kenya’s broker back-office system as it develops an inter-depository transfer mechanism for cross-listed stocks for the region.
7. Consolidated Bank has raised Sh1.68 billion from the bond which is the first tranche of Sh2 billion that it targeted to raise which translates to 84 per cent performance.
8. Five commercial banks are angling to cash in on the Sh75 billion worth of Government contracts allocated to the youth. This follows an agreement between Treasury, banks and the Youth Enterprise Development Fund (YEDF) to provide financial security for the qualified youth.