The Nairobi bourse is eyeing a big boost in equities turnover this year after MPs granted its request to compel the government and Vodacom to complete the transfer of Sh204.3 billion Safaricom shares on the bourse’s block trade platform.
In its submission to the National Assembly’s committees on National Planning and Finance and Public Debt & Privatisation, the Nairobi Securities Exchange (NSE) argued that having the transaction on the large trades board would boost the market’s transparency and integrity, while aligning with international best practice.
