Business Daily | by Elizabeth Kivuva
The Nairobi Securities Exchange (NSE) wants the government to cut its stake in key listed companies to as low as 10 percent in its latest bid to bring in new investors on the bourse amid lack of major listing in the last five years.
The NSE is pushing for a scale-down of government ownership in listed companies and increase additional shareholding in the next six months.
NSE chairman Kiprono Kittony has said the proposal made to the National Treasury will target…
