NSE gets competitor in fractional securities trade ahead of launch

The Nairobi Securities Exchange (NSE).

Photo credit: File| Nation Media Group

The Nairobi Securities Exchange (NSE) will not be a monopolist in offering trading of fractional securities in Kenya after the Capital Markets Authority (CMA) admitted a new firm that seeks to do the same thing.

The sector regulator on Thursday announced the admission of Yeshara Tokens into its regulatory sandbox, allowing it to test the tokenisation of real-world assets and securities, beginning with real estate.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.