NSE targets to list Ibuka graduate firm in early 2020

The Nairobi Securities Exchange (NSE) trading floor. FILE PHOTO | NMG

The Nairobi Securities Exchange (NSE) is targeting to list at least one firm from its Ibuka incubation programme on the main market by end of the first quarter of 2020, offering hope that the listing drought at the market could be coming to an end.

NSE chief executive Geoffrey Odundo said major progress had been made in creating corporate structures for family-owned firms under Ibuka, giving them confidence to go public.

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