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NSE bets on tech sector to end listing drought

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People Daily | by John Otini

Nairobi Securities Exchange (NSE) has seen the number of listed companies fall after seven were either suspended or delisted in the recent past, latest Capital Markets Authority quarterly bulletin reveals.

National Bank of Kenya, Kenya Airways, Deacons East Africa, Athi River Cement and Kenol Kobil are some of the companies that are no-longer active on the exchange for various reasons.

Lack of interest in listing by private companies is a challenge that NSE and Capital Markets Authority (CMA) have had to…

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