We Are Curious 33| Day Trading at the NSE, Cash Transaction Reporting Limits, DHL Closing eShop and the Curious Case of Meta

Kenyan Wallstreet

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2+ y ago 56:37

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Last week, the NSE announced that it will introduce day trading in November, allowing investors to trade on a security multiple times a day. The president, upon lifting the curfew, ordered the National Treasury to raise the threshold for cash transaction reporting to favour MSMEs. Regionally, DHL announced that it is closing its e-commerce site eShop and Facebook is now Meta.
Listen to this episode to understand why day trading, a great initiative to deepen the markets, still needs support infrastructures like lower fees to trigger retail activity, why removing barriers to digital transactions would a better tool to fight money laundering and terrorism finance than large cash transaction reporting requirements, and why Facebook's new name Meta isn't enough matte to cover up its privacy violations.

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This episode features:
Mwakaneno Gakweli - Podcast Host and Producer, The Kenyan Wallstreet
Felix Ochieng - Chief Financial Analyst, Hisa

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#Business #Kenya #Kenyanwallstreet