Chairman of the Nairobi Securities Exchange Mr. Eddy Njoroge has outlined the importance of African securities being at the forefront in getting solutions to African problems.Speaking when he announced that the 18th edition of the African Securities Exchange Association (ASEA) conference and AGM will be held from the 23rd to the 25th November 2014 in Kenya, the NSE chairman reiterated the need for African Securities exchanges to be central to the continent’s socio-economic endeavours.

In an effort to deepen the corporate bond market, the Capital Markets Authority (CMA) has approved the issue of a Ksh5 billion Medium Term Note Programme by British American Investment Company (Britam) to be used to fund strategic business initiatives.

The Nairobi Securities Exchange (NSE) yesterday morning announced their 2013 financial results at a press briefing that marked the premier public announcement of the bourse’s performance in its sixty year history.

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of B (Fair) and the issuer credit rating of “bb+” of East Africa Reinsurance Company Limited (East Africa Re) (Kenya). The outlook for both ratings remains stable.