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Beyond IPOs: Time to end firms ownership limitations

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

It’s everyone’s dream to build a business empire, become affluent by providing a unique product or service. That is the stuff of innovators and founders.

There is pride, prestige and a sense of mystique in starting a firm, seeing it grow, and eventually listing it on the securities exchange through an initial public offering (IPO).

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