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NSE incubator Ibuka struggles to deliver listings five years on
Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. The Nairobi Securities Exchange (NSE) incubator programme, Ibuka has struggled to revive listings on the bourse more than five years since launching in December 2018. FILE PHOTO | NMG
The Nairobi Securities Exchange (NSE) incubator programme, Ibuka has struggled to revive listings on the bourse more than five years since launching in December 2018.
Of the more than 30 firms enrolled on the incubator platform, only Homeboyz Entertainment Limited has graduated—listing on the bourse by introduction in December 2020. This type of listing occurs when a company takes its existing issued shares and lists them on an exchange.
