Wikipedia:Articles for deletion/Zimele Asset Management Company Limited

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The following discussion is an archived debate of the proposed deletion of the article below. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.

The result was no consensus. TonyBallioni (talk) 15:09, 10 September 2018 (UTC)[reply]

Zimele Asset Management Company Limited[edit]

Zimele Asset Management Company Limited (edit | talk | history | protect | delete | links | watch | logs | views) – (View log · Stats)
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Not a notable investment firm; the independent references are trivial and merely say that they offer "Unit trust" investments. power~enwiki (π, ν) 19:00, 14 August 2018 (UTC)[reply]

Note: This discussion has been included in the list of Kenya-related deletion discussions. AllyD (talk) 20:13, 14 August 2018 (UTC)[reply]
Note: This discussion has been included in the list of Companies-related deletion discussions. AllyD (talk) 20:13, 14 August 2018 (UTC)[reply]

In Kenya, Unit trusts (Money Market Fund & Balanced Fund) providers are licensed by The Capital Market Authority (CMA) while Pension Funds providers are licensed by The Retirement Benefit Authority (RBA). I know for a fact that CMA & RBA have licensed Zimele to provide these services. Feel free to check CMA's & RBA's websites, contact them or conduct your own independent research to confirm this. I believe CMA & RBA have been referenced in the article and since they are the regulators in Kenya, I don't think they are trivial. Xomifred (talk) 06:45, 15 August 2018 (UTC)[reply]

  • Xomifred, regulatory registration is a basic requirement for doing business. What is required to demonstrate encyclopaedic notability is something more than mere licensing to trade: see WP:CORPDEPTH. AllyD (talk) 07:11, 15 August 2018 (UTC)[reply]

A fund managers license in Kenya is not a "mere licensing trade". It's not like the county government's Business Permit or a company registration certificate. Not everybody can get it. Fund management in Kenya, as it is everywhere else, is a highly regulated business hence the need for the government to set up two agencies (CMA & RBA) to regulate the sectors. There are only 23 fund managers licensed by CMA in the country and Zimele was among the first to get the license. Institutions like Equity Bank & Sanlam have tried to join that market but are currently considering exiting it as we speak. Furthermore, Zimele's trustees are KCB Bank while their custodians are Standard Chartered Securities Services. I believe that demonstrates encyclopedic notability. Information on the Kenyan financial services sector on Wikipedia is very scant. Even information on RBA is not available. I believe we should focus on adding more information and not deleting the small that is there. Xomifred (talk) 08:52, 15 August 2018 (UTC)[reply]

Every notable investment firm in Kenya is listed on the Capital Markets Authority's website. Have a look for yourself at https://www.cma.or.ke/index.php?option=com_phocadownload&view=category&id=49&Itemid=254 — Preceding unsigned comment added by Xomifred (talkcontribs) 09:03, 15 August 2018 (UTC)[reply]

  • Undecided for now - Just to avoid confusion, a "unit trust" in American English is called a "mutual fund". I sympathize with Global South firms that usually don't have a article on Wikipedia because most of our editors are unfamiliar with reliable sources in those countries. It is a systemic bias that we have and we should be sensitive to that problem. I've looked briefly at the references and it looks like maybe 3-4 would meet our standards of independence and reliability. But unfortunately I'm really not familiar with the sources yet. We can't just throw out our standards however. The list of licensees above is interesting but includes maybe 200 firms, so just being on that list doesn't make a company notable. There are 23 mutual fund managers on the list, so that doesn't do it either. And maybe 120 individual mutual funds run by those managers are listed. I'll think and look at the sources and get back in a couple of days. Smallbones(smalltalk) 19:39, 15 August 2018 (UTC)[reply]
There are only two reputable business publications in Kenya; The Business Daily and The EastAfrican. The Daily Nation also has some business content but that's not their focus. (They are all owned by The Nation Media Group). It is therefore very difficult to get good references for local companies, especially in the financial sector. Blogs have it but companies pay blogs to write about them here. If you look at the references on other players in the market like Britam, CIC, and Jubilee, it's mostly from their website and the Nation Media publications. My point is information about the Kenyan financial sector is very limited even in the mainstream media. It would be beneficial to the general public if this information is available in this encyclopedia. Xomifred (talk) 11:06, 17 August 2018 (UTC)[reply]
Relisted to generate a more thorough discussion and clearer consensus.
Please add new comments below this notice. Thanks, wumbolo ^^^ 22:00, 21 August 2018 (UTC)[reply]
Relisted to generate a more thorough discussion and clearer consensus.
Please add new comments below this notice. Thanks, North America1000 02:12, 29 August 2018 (UTC)[reply]
  • Delete: does not meet WP:NCORP / WP:CORPDEPTH. Created by Special:Contributions/Xomifred with few other contributions outside this article. Routine, promotional content. K.e.coffman (talk) 20:59, 31 August 2018 (UTC)[reply]
  • Expand and repurpose to "List of Kenya mutual funds". ASssusing Xomifred is correct, there are 22 other firms in the business sector, and no evidence this is particualrly notable. Merge the other articles mentioned . DGG ( talk ) 04:56, 3 September 2018 (UTC)[reply]
  • Repurpose or Delete. I like DGG's suggestion, but admit I'm not going to do it. Without that, there isn't sufficient independent indepth coverage of this company, the best I can see is [1] which is 4 paragraphs, a start, but just not sufficient. --GRuban (talk) 14:50, 5 September 2018 (UTC)[reply]
  • Repurpose per DGG. Sdmarathe (talk) 19:42, 9 September 2018 (UTC)[reply]
The above discussion is preserved as an archive of the debate. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.