Capital Markets Authority (CMA) launched their 2023-2028 strategic plan marking a pivotal moment in prioritizing local investors as key drivers of sustainable market growth. Under the leadership of Chairperson Ugas Mohamed, stakeholders gathered to discuss strategies for attracting domestic capital and empowering grassroots investors.
Amidst positive market trends, including a notable 70% surge in trading activities at the Nairobi Securities Exchange (NSE) over the past three months, stakeholders emphasize the importance of translating this momentum into tangible benefits for retail investors, such as Mama Mboga. Donald Wangunyu, Chairperson of the Kenya Association of Stockbrokers and Investment Banks, highlights growing investor confidence and international recognition of the NSE’s resilience and potential.
Recognizing the significance of grassroots investors, the CMA underscores the need for inclusivity and accessibility in attracting a diverse range of investment streams. From retail to institutional players, fostering broader economic participation is essential for sustainable market vibrancy and growth.
As the financial landscape evolves amidst global uncertainties, the CMA remains committed to navigating market challenges and driving forward initiatives to boost market growth and economic stability.
