Britam stops NSE investments in shares

Tom Gitogo, the Britam Group Managing Director and CEO.  

Photo credit: File | Nation Media Group

Britam Holdings has stopped increasing investments in equities to minimise exposure in the wake of falling share prices of many companies at the Nairobi Securities Exchange (NSE).

The position has seen Britam turn more into treasury bills and bonds instead, where returns have been rising in the past few months.

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