NSE targets Sh5 trillion market capitalisation by year-end

The Nairobi Securities Exchange is projecting a market capitalisation of more than Sh5 trillion by the close of the year. This follows strong growth momentum that has seen the NSE surpass the Sh3.8 trillion mark. According to NSE CEO Frank Mwiti, the growth will be driven by enabling private equity funds and development finance institutions (DFIs) to exit their portfolios, as well as onboarding more family-owned businesses. Jimmy Mbogoh sat down with the NSE CEO to review the first half of the year and the outlook for the second half.