Paul Muthaura, Acting CEO of Kenya’s Capital Markets Authority, explains how Kenya’s new investment framework puts it on a level pegging with the world’s major investment centers, its capital markets’ competitive advantages, and how it will become the market of choice for a lot of to raise large amounts of capital.
Sourced through Scoop.it from: globserver.cn
In Kenya we have taken much further strides that will compliment the new Corporate Governance Code with a new Stewardship Code for institutional investors. The primary intent of the code is to encourage responsible management and oversight of assets by institutional investors through engagement with listed companies in order to ensure a additional sustainable increase. I