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

Kenyan Wallstreet

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