The CDSC has claimed it is running on a negative budget cauze the 0.06% commission it gets is too little especially when the bourse is down.

What I wonder is, if the Scalawags cannot generate resources from the core business they run, shouldn't they get into something else that is easier for them to understand and manage like get into fish trade?

CDSC has great potential in raising cash such as transaction update to customers, penalties to brokers who breach rules and regulations, claim a bigger chunk of the 2.12% we pay NSE, CMA etc.

Am surprised CDSC is still a baby sucking from... When will it be weaned and allowed to let go the safety of regular income from elsewhere.

What I don't want to hear is that the 2.12% will be increased to 3% so that the scalawags can afford to take milk to their young ones at home.

Yes, their services are good, very good indeed but we need someone with a little more brains heading the outfit so that they can develop new streams of business to sustain themselves. Yah, the baby needs a nappy change. Otherwise, it stinks like the piggery.

If they want to encounter the fury of the Mighty Alligator, let them dare increase the commission claims a little bit from my returns.

They send my statements everymonth all the way to Windhoek....i must say thats fantastic...but raising commissions it's a hell NO...some markets charge as little as 1.1% as maximum per transaction...

They should do a harambee with goat eating thrown in

Actually, we should be allowed to trade over the counter again to avoid these vultures who sow where they have not planted.

What if they close shop and thuggery returns in full swing...yaani unaambiwa your account doesn't exist and there's no evidence to prove otherwise.

Clearly many of us dont appreciate the importance of the central depository system and how much it has transformed trading at the NSE. Am sure a modest increase of the commission to say to 0.08% will not hit us hard if that what the the CDSC needs to survive.

NSE everyday trading for equity is app. 300m. Now they are getting for buying & selling @ 0.06% comission. So they are getting 180,000 from Buyers & 180,000 from sellers.They are earning 360,000 per day. For 22 working Days They are getting 7,920,000 & per annum they are earning 95m. They are sending monthly statement via post to very few CDSC account holders. Most of them are getting by email.

[quote=Surealligator]

CDSC has great potential in raising cash such as transaction update to customers, penalties to brokers who bleach rules and regulations,...

I thot Uganda did not have capital gains tax either

@Young

What is the commission per transaction in Nigeria, Ghana, Namibia.

@Ric dees

What's the commission they charge out there at the NSE of London, dow jones, NYSE and SZSE (Shenzhen stock market)http://www.chinastockmarket.org/

@Dia

Please get into the Fantasy Market, click here http://www.wazua.co.ke/investor/faNtaSEy.aspx