Tag Archive for 'Eddy Njoroge'

“Jeff” Otieno Odundo new head for Nairobi Securities Exchange

Geoffrey “Jeff” Otieno Odundo will be the Chief Executive of the Nairobi Securities Exchange (NSE), effective from 1 March 2015.

Nairobi securities exchange prepares for derivatives market launch

The Nairobi Securities Exchange is working to launch a derivatives market, including product and contract specifications, and public education, following the news on 19 Dec that the Capital Markets Authority granted a provisional licence and approved the NSE’s Derivatives Exchange Rules

9 reasons Africa tops investment agendas

9 reasons Africa tops investors’ agenda, Eddy Njoroge told African Securities Exchanges Association, include: economy to rise from $1.1trn to $3.9trn in 5 years, the fastest-growing middle class (from 123m to 1.1bn), population to double to 2.4bn, and record $80bn of foreign investment.

Nairobi SE appoints Andrew Wachira as acting CEO

The Board of Directors of the Nairobi Securities Exchange appointed Andrew Wachira as the Acting CEO of the exchange, effective from 1 Oct 2014. Peter Mwangi left on 30 Sept.

Nairobi Securities Exchange IPO closes 12 Aug

The Initial Public Offering (IPO) of the Nairobi Securities Exchange Limited is open until 12 August. The NSE is seeking to raise KES 627 million ($7.14m) by selling up to 66,000,000 new shares (some 31% of the equity) at KES 9.50 each, open to domestic and international investors.

Nairobi Securities Exchange scores megaprofits and heads for own IPO and listing

The Nairobi Securities Exchange passed key resolutions to take its demutualization into final stages, after scoring record profits for the financial year to 31 Dec 2013 and paying its first dividend to shareholders.