What are the⭐FUNCTIONS OF NAIROBI STOCK EXCHANGE⭐and its role in the economy in Kenya? Check out this article to know more about some functions of the NSE.
Regulator to lower cost of listing on Nairobi bourse
Monday May 03 2021
By BRIAN NGUGI
The Capital Markets Authority (CMA) is considering lowering fees for listing on the Nairobi Securities Exchange (NSE) to attract more investors.
The planned changes follow a study by investment adviser RisCura which showed that prohibitive costs had led to “market failure” relating to Initial Public Offerings (IPOs) on African stock exchanges.
The initial and annual fees charged on the NSE Main Investment Market Segment is 0.06 per cent of the market capitalisation subject to a minimum of Sh200,000 and maximum of Sh1.5 million.
Similarly, 0.06 per cent of the value of the securities to be listed subject to a minimum of Sh100,000 and a maximum of Sh1,000,000 is charged as initial fees on those seeking to list in the alternative Investment Market Segment.