I read a lot of mischief in the CMA directive.Where were they when all this started.This sale has been on since October yet they didn't do anything until now.I only hope the 'investors' get back their money.

their CEO was busy being awarded Moran of the Order of the Burning Spear by Kibs thats why CMA is coming out 2 months later with this caveat!
what's wrong with our watchdogs have they become lapdogs of their masters instead? Recall, it also took Central Bank too long to warn the public/ banks about investing and dealing in pyramid schemes. But there's been vybe of merging all these regulators CMA,CBK, Insur Reg. Authority,etc) into one financial regulator maybe they will then up their game.
i wonder if this story would have lipukad if those NZEs and Mekos were not brought out...
And wazuans wako mbele, ha!

As said earlier, I haven't done due diligence on Muramati. Now, if it is a Cooperative society as I would expect it to be by law, then CMA is misleading Muramati because under the Cooperative Societies Act, this would thus not be a public sale of securities rather, a cooperative membership recruitment drive. ...

if Muramati is registered under the Companies Act then CMA is right...

which is which BGL do you know?

CMA says that it will follow up to ensure that no investor funds are lost. this should be a relief to our wazua brothers.

Bottom line: I know how MURAMATI makes it's money.PERIOD
As a matter of fact, this media attention is beneficial to the giant SACCO. As for CMA....sisemi kitu!!