”Kenya’s Capital Markets Authority (CMA) is reviewing the Code of Corporate Governance that will among other things make sure women representation on boards of public listed companies is legalised.
Initially, the regulator wanted companies to abide by the guidelines without making it legal, but CMA Chairman Kung’u Gatabaki complained of lethargy in appointing women to the boards.
He said the issue of men dominating boards is overdue and it was time the corporate world supports women leadership.