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Ruto seeks to surpass Kibaki with 10 Nairobi bourse IPOs
President William Ruto with (from left standing) governor Johnston Sakaja Nairobi Securities Exchange chairman Kiprono Kittony, Trade CS nominee Moses Kuria and Deputy President Rigathi Gachagua during the bell-ringing ceremony at the bourse on October 11, 2022. PHOTO | PSCU
President William Ruto has set a target surpassing the number of State-owned firms that the Mwai Kibaki administration sold through the Nairobi Securities Exchange (NSE).
Dr Ruto said Tuesday his government would bring to the bourse through initial public offerings (IPOs) between six and 10 companies, urging the private sector to also list at least five companies at the NSE.
