NSE eyes stakes in East Africa stock exchanges

Nairobi Securities Exchange CEO Geoffrey Odundo. PHOTO | NMG

The Nairobi Securities Exchange (NSE) #ticker:NSE is eyeing investments in regional bourses as it looks to supplement the revenue it earns from trades and data sales at the local market.

The bourse recently bought a 4.9 percent stake in Tanzania’s Dar es Salaam Stock Exchange (DSE) and is now looking at investing in the Uganda Securities Exchange ( USE) once it self-lists.

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