Business Daily | Patrick Alushula
Three-quarters of Nairobi Securities Exchange (NSE) firms have a strong corporate governance rating, latest audit by the regulator has shown, marking an improvement from the previous findings.
Latest report by the Capital Markets Authority (CMA), shows that 36 firms— an equivalent of 75 percent of the 48 companies that were assessed—passed diverse corporate governance requirements such as transparency and shareholder protection.
The report shows that 25 firms achieved excellence and were placed in the “leadership” category while another 11 were ranked “good…
