Jitters as more firms delist from Nairobi Securities Exchange

CMC Motors Group owner, CMC Holdings – long associated with powerful individuals within the Government – and UK-owned Rea Vipingo Plantations are currently going through takeover motions.[Photo: File/Standard]

By Jackson Okoth

Nairobi, Kenya: All eyes are on firms listed at the Nairobi Securities Exchange (NSE) with investors figuring out who is likely to throw in the towel next. In recent months, a number of listed companies have made their exit from the Nairobi Securities Exchange (NSE).