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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Capital Markets Authority has approved the Nairobi Securities Exchange (NSE) to operate derivatives alongside other asset classes such as bonds, real estate and shares. There is cause to be glad that Kenyan financial service companies could be on the same footing in the derivatives markets as was the case for US‘ JP Morgan Chase and Company, which was the largest derivatives trader in the world.
This means existing and potential investors will have a wide array of asset classes to choose from. However, the question is how will this work out. There was hope last year in June that with the floating of Sh289 billion government bond in the Irish Exchange Market, domestic borrowing would reduce and infrastructural projects such as the Northern Corridor and Lapsset would be footed by Kenyans and donors.
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