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News & Events

August 31 , 2023

ANNOUNCEMENT OF CHIEF EXECUTIVE RESIGNATION AND APPOINTMENT OF THE NEW CHIEF EXECUTIVE

The Board of Directors of the Central Depository & Settlement Corporation Limited, announces the resignation of Mr. Nkoregamba Mwebesa as Chief Executive of the Corporation. Mr. Nkoregamba has been at the helm of the Company since February 2020 and has steadily steered CDSC through the persistent business headwinds during and…

November 10 , 2022

CDSC CELEBRATES 18 YEARS OF MAKING PROGRESS POSSIBLE IN THE KENYAN CAPITAL MARKETS

Today, we mark 18 years of offering efficient depository and settlement services to the Kenyan Capital Markets.  We are celebrating the special role we have played in revolutionizing the industry through facilitating democratized access of investment opportunities to all Kenyans.  Before our establishment in 2004, investors needed to physically prove…

May 20 , 2022

UPDATE ON THE NOTICE TO ALL M-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 any unclaimed…

February 15 , 2022

THE CMA APPROVES CDSC’S SECURITIES LENDING AND BORROWING (SLB)

The Central Depository and Settlement Corporation (CDSC) has officially received approval from the Capital Markets Authority (CMA) to formally exit the regulatory sandbox and offer Securities Lending and Borrowing (SLB) in a live-market environment.

August 09 , 2021

LIPA HISA NA BONGA POINTS LAUNCH

Safaricom has partnered with Capital Markets participants to allow customers to use their Bonga points to purchase shares on the NSE through the Lipa Hisa na Bonga Points Loyalty Program.  To buy shares using your Bonga points, follow the steps below; 1. Dial *126# (Or use mySafaricom App, under Balances, Lipa…

July 23 , 2021

CDSC TEAM ATTENDS ZAMARA ANNUAL RETIREMENT CONFERENCE

CDSC team attended the Zamara Annual Retirement Conference held In Mombasa from 24th to 25th June. The team was represented by Head of Finance - Jesse Kagoma and Head of Operations - Marion Kioi as they engaged with industry experts to discuss how SLB can benefit Pension Schemes. Learn more about Securities…

April 06 , 2021

ANNOUNCEMENT OF BOARD CHANGES AT CDSC

The Board of Directors of the Central Depository and Settlement Corporation (CDSC) Limited wishes to announce the following changes in the CDSC Board. 1. Mrs. Aida Kimemia - Nesbitt has been appointed as the CDSC Board Chairperson with effect from 1 April 2021 2. Mr. Kiprono Kittony, EBS has been appointed as a…

January 19 , 2021

NOTICE TO ALL M-AKIBA INVESTORS

The Central Depository and Settlement Corporation (CDSC); as the appointed Agent for the M-Akiba Retail Bond Issued by the National Treasury, requests M-Akiba investors who have not received Principal and/or Interest payments for M-Akiba 1 and M-Akiba 2 Bond Issues, to immediately get in touch with CDSC through the following…

December 15 , 2020

CDSC MAINTAINS RISK ASSESSMENT STATUS "A"

We are pleased to inform all our stakeholders that the annual review by Thomas Murray of the report for Kenya Central Depository and Settlement Corporation (CDSC) for 2020 has been completed.  CDSC has maintained an overall risk assessment level: A and CSD flash impact: Stable. Some of the major developments…

October 23 , 2020

PRESS RELEASE: CDSC RECEIVES A NO OBJECTION FROM RBA TO ENGAGE RETIREMENT BENEFITS SCHEMES ON SLB

The Central Depository & Settlement Corporation (CDSC) has received a no objection from the Retirement Benefits Authority (RBA), to engage  retirement benefits schemes in the Lending and Borrowing of Securities.   This follows a review by the Retirement Benefits Authority (RBA) on the safeguard mitigation measures put in place by CDSC…

July 23 , 2020

APPOINTMENT OF DIRECTORS

The Board of Directors of the Central Depository and Settlement Corporation (CDSC) is pleased to announce the appointment of Mr. Kiprono Kittony, EBS as a Non–Executive Director in CDSC and Mr. Nkoregamba Mwebesa as an Executive Director in CDSC The Board takes this opportunity to congratulate Mr. Kiprono Kittony, EBS…

May 25 , 2020

Central Depository and Settlement Corporation (CDSC) Concludes Independent Validation of its CPMI-IOSCO PFMIs Level of Observance with a London based Market Data, Counterparty Monitoring and Risk Analytics Firm - Thomas Murray

Tuesday 26 May 2020 NAIROBI, LONDON - Thomas Murray Ltd. (“Thomas Murray” or “TM”), the Market Data, Counterparty Monitoring and Risk Analytics firm, has provided an independent third-party view of Kenya’s Central Depository and Settlement Corporation (CDSC’s) level of observance of the principles set out by the  Committee on Payment…

May 21 , 2020

Press Release: Capital markets industry donates Ksh30 million in support of national efforts to address the adverse effects of the Coronavirus pandemic

Nairobi 11 May 2020…In line with the commitment to support national efforts to address the adverse effects of the Coronavirus pandemic, the capital markets industry stakeholders led by the Capital Markets Authority (CMA) have donated Ksh30 million to the Covid-19 Emergency Response Fund. The funds were presented to the Board…

March 09 , 2020

KSHS. 44.6 MILLION PAID OUT AS INTEREST FOR M-KIBA 2 BOND INVESTORS

The Central Depository and Settlement Corporation (CDSC) as the issuing and paying agent for The National Treasury (TNT), has today paid out a total of Kshs.44,567,500.00 in interest to 13,494 M-Akiba 2 Investors. This follows the last payout in October 2019 for M-Akiba 1 and in September 2019 for M-Akiba…

February 03 , 2020

CDSC Depository Report Updated and Risk Assessment Change

We are pleased to inform all stakeholders that the annual review of the report for the Central Depository and Settlement Corporation (CDSC) has been completed. The report has been updated with the cooperation of our support banks in Kenya and was reviewed by CDSC. Over the past year, there have been…

August 20 , 2019

M-AKIBA BOND RE-OPEN 3 LAUNCHED

The National Treasury (TNT), the Central Depository and Settlement Corporation (CDSC) and the Nairobi Securities Exchange (NSE), have jointly launched the re-open of the M-Akiba Retail Infrastructure Bond Issue MAB/2/2017/03.  The re-open will offer Kenyans another opportunity to invest in the Government Infrastructure Bond. This is the third re-open of…

February 25 , 2019

M-AKIBA RE-OPENS

The National Treasury (TNT), the Central Depository and Settlement Corporation (CDSC) and the Nairobi Securities Exchange (NSE) have today jointly re-opened the M-Akiba Retail Infrastructure Bond Issue No 2/2017/03 re-open one of March 2019. This tranche seeks to raise Ksh.250,000,000.00 (two hundred and fifty million Kenyan Shillings) against the Ksh.…

August 01 , 2018

Rose Mambo Interview on the Trading Bell

Find in the link below a one on one chat on the Trading Bell with Ms. Rose Mambo, CDSC CEO She talks about her veiw of the market and CDSC's role as well as products line up https://www.youtube.com/watch?v=b6oD9MHJ6fs

August 16 , 2017

M-AKIBA BOND MAB1/2017/3 Extension

The Central Depository & Settlement Corporation Limited, acting in its capacity as the M-AKIBA agent for the Republic of Kenya invites retail investors to purchase the bond whose terms and conditions are as follows: Issuer : Republic of Kenya Amount : Kshs. 1 Billion (with a green shoe of Kshs.…

June 30 , 2017

M-AKIBA BOND MAB1/2017/3

The Central Depository & Settlement Corporation Limited, acting in its capacity as the M-AKIBA agent for the Republic of Kenya invites retail investors to purchase the bond whose terms and conditions are as follows: Issuer : Republic of Kenya Amount : Kshs. 1 Billion (with a green shoe of Kshs.…

March 26 , 2017

M-AKIBA Launch MAB2/2017/3 Special Edition

M-Akiba was launched officially on the 23rd of March 2017. The M-Akiba Bond is a special Retail Bond that has been issued by the Government of Kenya to raise money to fund its' infrastructural projects available to mobile phone users all over the country. Trading Period: 23/03/2017 to 7/04/2017 For…

November 10 , 2016

The New Look

We have officially launched our new look CDSC website and brand. Below Are the Speeches

October 26 , 2016

Launch of CBK Settlement Model

OPENING REMARKS BY THE CEO, CDSC MRS. ROSE MAMBO DURING THE LAUNCH OF SETTLEMENT OF FUNDS THROUGH CENTRAL BANK OF KENYA’s RTGS SYSTEM HELD ON JANUARY 27, 2015 AT THE SAROVA STANLEY   Salutations.....   Governor of Central Bank of Kenya– Prof. Njuguna Ndung’u, Chairman KASIB Mr. Jimnah Mbaru, CDSC…

September 29 , 2015

M-AKIBA Launch

OPENING REMARKS BY THE CEO, CDSC MRS. ROSE MAMBO DURING A MEDIA BRIEFING ON GOVERNMENT RETAIL BOND - M-AKIBA HELD ON SEPTEMBER 28, 2015 AT KICC Salutations..... Our Chief Guest, the Cabinet Secretary for The National Treasury, Mr. Henry Rotich. The Principal Secretary for The National Treasury, Dr. Kamau Thugge.…

November 02 , 2015

Africlear initiated by securities depositories of Kenya & Nigeria

Rose Mambo, Chairman of Africlear and also the Chief Executive of CDSC Kenya interview on CNBC Africa. Africlear Global was initiated by two African Central Securities Depositories, namely Central Depository and Settlement Corporation (CDSC) Kenya, and Central Securities Clearing System Plc (CSCS) Nigeria. Watch Rose Mambo, Chairman of Africlear and…