Year: 2025

UPDATE ON THE NOTICE TO ALL M-AKIBA INVESTORS

AKIBA INVESTORS The Central Depository and Settlement Corporation (CDSC); as the appointed Agent for the M-Akiba Retail Bond Issued by the National Treasury, wishes to notify M-Akiba investors who have not claimed their Principal and/or Interest payments for M-Akiba 1 and M-Akiba 2 Bond Issues, that after 1st November, 2023…
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CLARIFICATION ON THE STATUS OF CDS ACCOUNTS HELD AT THE CDSC

Wednesday, 11 September 2024 09:52 The Central Depository and Settlement Corporation Limited (CDSC), hereby issues a clarification on frozen accounts following an article first published by the Business Daily Newspaper on September 11, 2024.  CDS Account Dormancy was first introduced in March 2019 as a fraud prevention mechanism to protect…
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79% OF SHARES AT THE NSE IMMOBILIZED

Nairobi, Kenya – The Nairobi Securities Exchange Plc (NSE) and the Central Depository and Settlement Corporation (CDSC) marked a significant milestone today, as they rang the bell to commemorate the immobilization of shares at the NSE, with the percentage of total immobilized shares rising from 50% in January 2024 to 79%…
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CDSC IMMOBILIZES 16 BILLION SAFARICOM SHARES

Nairobi, Kenya – The Central Depository and Settlement Corporation (CDSC) has marked another significant milestone in the Kenyan capital markets following the successful immobilization of 16 billion Safaricom PLC shares by Vodafone Limited. This development marks a significant leap forward in the drive toward full dematerialization of securities and reinforces our…
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