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JamboPay eyes stock exchange listing

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The Standard | by Wainaina Wambu

E-payments services firm JamboPay has announced plans to list at the Nairobi Securities Exchange (NSE) in the next four years targeting to raise Sh9.6 billion.

This has seen the firm, whose holding company is Webtribe limited, embark on a business restructuring process meant to strengthen corporate governance ahead of the planned public offering.

JamboPay chief executive Danson Muchemi also said that talks with investors were at an “advanced stage”…

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