Nairobi Stock Exchange changes name

The Nairobi Stock Exchange has changed its name to the Nairobi Securities Exchange (NSE), paving way for introduction of a wider range of products.

The name change, which is the first since the exchange was established as a voluntary association of stockbrokers registered under the Societies Act in 1954, is one of the steps that were to be completed as part of a demutualisation process that has been put on hold due to a pending court case.