How tech can revitalise bourse, end IPO drought

President William Ruto at a panel discussion during the launch of the Nairobi Securities Exchange (NSE) Marketplace on October 11, 2022. PHOTO | DIANA NGILA | NMG

President William Ruto has revealed plans to privatise up to 10 parastatals over the next one year as part of efforts to raise revenues through the capital markets.

When he spoke, the President looked back to the drought in initial public offerings (IPOs) at the Nairobi Securities Exchange (NSE) in the past few years and listed some policy interventions the State was going to take.

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Note: The results are not exact but very close to the actual.