The Capital Markets Authority (CMA) has suspended the shares of Athi River Mining (ARM) Cement from trading on the Nairobi bourse after the company was placed under administration on Friday.

The Nairobi Securities Exchange (NSE) identified 30 potential companies that can list through the Business Incubation and Acceleration forum held in May 2017. This is according to the Capital Markets Authority’s recent research paper on the low uptake of capital markets products in Kenya.

The Central Bank of Kenya (CBK) has floated a 20-year Treasury bond—the first in the current financial year—indicating it is keen on stretching the debt maturity profile.

Kenya’s Capital Markets Authority has put on a watchlist a number of listed companies that are facing liquidity and corporate governance issues, with the possibility of suspending and eventually delisting them from trading.