The trading floor of the Nairobi Securities Exchange. The collapse of yet another Nairobi Securities Exchange-listed company has spooked investors in East Africa’s stock markets, raising fears of possible cross-border contagion. PHOTO | FILE | NATION MEDIA GROUP
What you need to know:
NSE, which has 66 listed firms, has fallen victim to a growing number of financially distressed firms of which three have been put under receivership in a span of less than two years.
Several NSE-listed companies are facing a cocktail of corporate governance and financial challenges.
