Investor presses CMA for Mumias freeze answers - Business Daily

Shareholder Taiti Hanningtone of Mumias Sugar filed a complaint with the Ombudsman through the Capital Markets Authority (CMA), accusing the regulator of failing to address concerns about the ongoing suspension of the company's stock. He requested reasons for the suspension and whether the company has been complying with regulations requiring disclosure of material information, including financial results. The CMA has not yet responded. The suspension has raised concerns among investors about transparency and regulatory compliance.