Kenyan Wall Street | by Jackson Okoth
The Capital Markets Authority (CMA) has formed a team to address foreign investors’ dominance at the Nairobi Securities Exchange (NSE) while it is also keen to address the concentration of only 5 top companies, which are the prime movers of volumes at the bourse.
“The market has relied heavily on foreign investors, and this situation is of concern. We think that this may be addressed through sizeable domestic scale local citizen-focused Collective Investment Schemes…
