CMA bars ailing companies from share buybacks

CMA bars ailing companies from share buybacks

The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]

CMA bars ailing companies from share buybacks

CMA bars ailing companies from share buybacks

The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]

Rwanda: Performance of Rwanda Media Development Indicator Drops

Rwanda: Performance of Rwanda Media Development Indicator Drops

The Rwanda Media Barometer (RMB) 2021 has indicated that the media development and professional capacity indicator scored 62.4 per cent, the least performance compared to other indicators it considered. This media development and professional capacity performance implies a 10 per cent drop compared to the previous RMB which was published in 2018 in which it […]