The Capital Markets Authority is reviewing eligibility requirements for firms that wish to list on the bourse to remove unnecessary barriers and attract new listings, the regulator’s chief executive told Reuters on Tuesday.
Although there are more than 60 companies on the Nairobi Securities Exchange, #ticker:NSE which has a total market capitalisation of Sh2.8 trillion ($27.90 billion), the bourse has struggled to attract new listings and daily trading is dominated by a handful of large firms.
