The NSE will from May 19 classify the four companies under the Growth and Enterprise Market (Gems) segment with other stocks, ending their separate category.

PUBLICLY traded companies will soon be able to tap funds from rich international investors by cross-listing shares on London Stock Exchange, the world's fifth largest bourse by wealth.

Integrated financial services provider, Housing Finance has yesterdya listed an additional 116, 666, 667 million ordinary shares on the Nairobi Securities Exchange. This move comes after the conclusion of a highly successful Rights issue that saw the financial provider raise 3.5 billion Kenya Shillings, providing them with the capital required for growth and expansion of the company and its subsidiaries.

cl, a petroleum import and export firm, plans to list on the Nairobi bourse’s growth enterprise market segment (GEMS) early next year. The company, which has been in operation for about two years now says it plans to tap into the stock market to expand its business.