Deep market: CMA approves new investment bank, stockbroker to operate in Kenya
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Feb 11, 2026
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Elijah Ntongai
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Tuko
Tuko
Capital Markets Authority (CMA) of Kenya CEO Wyckliffe Shamiah speaking during the EABL corporate bell ringing event in Nairobi. Photo: CMA Kenya.
Six new financial firms have been licensed by the Capital Markets Authority of Kenya. This will enhance market depth, product diversity, and investor choice.
Key Takeaways
- Kenya's Capital Markets Authority (CMA) has approved six new licenses for firms operating as market intermediaries, including investment banks, stockbrokers, and investment advisers.
- This expansion marks a significant growth of Kenya's regulated investment landscape, set to begin operating in 2026.
- New entrants will be subject to stringent regulatory oversight to ensure investor protection, transparency, and market integrity.
- Specific approvals include Rock Advisors Limited upgrading to an Investment Bank license and Green Margin Capital Limited entering as a technology-driven Stockbroker.
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