NSE’s bid for new listings pays off as 10 firms express interest

Nairobi Securities Exchange CEO Geoffrey Odundo speaks at a past media briefing in Nairobi. FILE PHOTO | NMG

What you need to know:

  • Chief executive Geoffrey Odundo is urging companies to open up shareholding as a way of endearing products to Kenyans.
  • He said locally incorporated companies also need new thinking from visionary boards that help fend off competition from deep-pocketed foreign firms.

The Nairobi Securities Exchange’s (NSE) efforts to attract new listings and end its decade-old IPO drought has ignited fresh interest with 10 companies expressing interest to list.

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