The Capital Markets Authority (CMA) has opened a window for new firms to list shares on the Nairobi Securities Exchange through an electronic process in a move that aims to reduce the time and cost of initial public offerings for issuers and protect investors from refund errors.
This is part of reforms that the markets regulator and other stakeholders are implementing to spark fresh interest in the bourse that attracted a quick succession of listings during the late President Mwai Kibaki’s administration.
