Wednesday, February 16, 2005

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 percent of electricity consumed in the country, and is a 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

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