Kenya's Nairobi Stock Exchange to Begin Share Sale by April, Nation Says

Shares in the Nairobi Stock Exchange are expected to be sold to the public by April, the Daily Nation reported, citing Capital Markets Authority Chief Executive Officer Stella Kilonzo.

The proposed separation of ownership and management of the bourse is part of a program to deepen capital markets in the East African nation, the Nairobi-based newspaper said.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.