Kenyan MP calls for reforms in capital markets to boost asset valuation and economic growth
“All major economies grew using external capital. Companies such as Alibaba and BYD expanded by attracting foreign investors. Kenya must deliberately open its capital markets to achieve similar growth,” Ndindi Nyoro said.
Jubilee Asset Management Ltd expand to Mombasa as it eyes bigger stake in Kenya’s economy
According to the Kenya National Bureau of Statistics (KNBS), the port city is home to over 1.5 million ($115,920) people, and the population is expected to rise to 3.2 million ($247,296) by 2040.
