State bets on NSE to raise capital amid reforms push


NSE Market watch board during ringing of the bell ceremony at Nairobi Securities Exchange on September 4, 2019. [File, Standard]


A few years ago, when the Kenyan market was struggling to access dollars as inflation surged, hitting 9.6 per cent in October 2022, the interest rate regime was the preferred capital mop-up tool for the government that was drowning in debt.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.

  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted



Source link