Business Daily | by Charles Mwaniki
Kenya’s stock market has the lowest returns above those available on risk-free government securities when compared to 15 other frontier and emerging markets.
An analysis by investment bank EFG Hermes shows that investors on the Nairobi Securities Exchange (NSE) stand to earn average annual returns of 12 percent, a mere 2.2 percentage points above the interest rate on the 12-month T-bill…
