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| The Nairobi Securities Exchange (NSE) trading floor. The planned change in legislation hopes to protect the country’s national assets. |
NAIROBI, KENYA: The Capital Markets Authority (CMA) will limit how much foreigners can own in strategic national assets.
Luke Ombara, the authority’s acting Director of Regulatory Policy and Strategy says the aim is to protect “national jewels” from being run down in the event foreign investors choose to liquidate their stake.
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