With 8 days to go, I believe only Kingdom Securities has published its P&L losses for 2009. May other brokers and so-called investment banks have been shy to do so. Reason being they have more red ink on their accounts than the dozy has on his carpets at State House.
Broking is probably one of the easiest money-making ventures known to man yet Kenyan brokers can't break even ata kama volumes are up.
Are these the ma-dudes we should be trusting with our hard-earned sweat?
Shouldn't CMA disqualify any loss-maker to protect customers.

I don't think their going to do that any time soon. Let me advise U go for Brokers with various businesses they are likely to be more stable ever in rough times other wise those who depend solely on broker fees NO. NO.

I thought Apex Africa were the first to publish?

NIC Capital have also published - I think....

If you want profit-making brokers, you will have very little choice!

Gengis made on 500k

look for the cashflow statements..guys that have had a knack of fleecing investors cannot resist manipulating income statements..hence inflated non financial costs...
main source of income remains commissions...judging from very minimal investor involvement with stock in 2009..that must hav greatly messed up brokers. Kingdom Security has benefit of being in every co-op bank branch..conveniently offering brokerage to thousands of co-op societies in bundus that need not come to nairobi..and even yet..losses
what about some outfit in nairobi only?

Brokerages likely to be ok are those with huge institutional investor base, as well as pockets deep enough to do their own market playing.

What other products do brokers sale? services are free.. judging from outcry when D&B started charging for printing CDS Statements