Coming soon to the NSE

The Kenya Electricity Generating Company (KENGEN) placed an advertisement in the Nation (Feb 16) seeking a legal advisor to assist it float 30% of its shares on the Nairobi Stock Exchange.

Kengen is the leading electric power generation company in Kenya, producing about 80% of electricity consumed in the country, and is an LLC wholly by the Government of Kenya.

Other companies who have recently expressed interest in listing on the NSE are Mabati Rolling Mills, Equity Bank, and Safaricom