Tsavo Securities Ltd managing director Fred Mweni, who has been barred by the Capital Markets Authority from carrying out any market activity, now says the decision was unfair and a personal attack on him. The bonds trader has accused the regulator and other 'influential' market players of targeting him since he has been pushing for changes in the trading laws, while the other parties want to keep the status quo. Mweni, who is the main shareholder of Tsavo, says the local securities market has stagnated due to delays by the market regulator to reform...
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