NSE eyes Sh1.8bn non-trading revenue in diversification plan

Nairobi Securities Exchange Chief Executive Frank Mwiti.

Photo credit: File | Nation Media Group

The Nairobi Securities Exchange (NSE) targets up to Sh1.8 billion in non-trading revenues over five years as part of its business diversification plan amid volatility in equity trading.

The bourse is aiming to hit Sh3 billion by 2029, with 60 percent of this revenue coming from non-trading activities such as data vending, consultancy and training, which are not subject to market swings.

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