Capital Markets
From The Report: Kenya 2016
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The country’s capital markets have seen some bright spots in 2015 amid the broader turbulence affecting emerging markets around the world. The NSE had a total of 64 listings as of late 2015. They were split into 11 categories: agricultural; automobile and accessories; banking; commercial and services; construction and allied; energy and petroleum; insurance; investment; investment services; manufacturing and allied; and telecommunication and technology. Of these, banking had the most listings, with 11. Total market capitalisation stood at KSh1.955trn ($21.5bn) in October 2015. Strong volumes of equity market trading were seen over the first half of 2015, with equity turnover worth KSh107bn ($1.18bn). Full-year equity trading volumes climbed from KSh86bn ($946m) in 2012 to KSh155bn ($1.7bn) in 2013 and KSh215bn ($2.4bn) in 2014.

This chapter contains an interview with Geoffrey Odundo, CEO, Nairobi Securities Exchange.