Treasury Secretary Henry Rotich and NSE

NSE: The Nairobi Securities Exchange plans to offer 66 million shares at 9.50 shillings each for the IPO and list a total of 194 million on the bourse, he told reporters in the capital today. Listing will improve corporate governance, transparency and attract investors, Treasury Secretary Henry Rotich said at the function, according to Bloomberg. The 62-member all-share gauge has a value of $24 billion, according to data compiled by . The NSE Kenya 25 index has gained 15 percent this year and Kenyas stock exchange will be valued at 1.84 billion shillings $21 million after listing its shares in an initial public offering, Chief Executive Officer Peter Mwangi said. The NSE, which first announced plans for an IPO in 2009, will become the second publicly traded market on the continent after South Africa s Johannesburg Stock Exchange JSE started trading shares in June 2006. The NSE has been seeking ways to deepen trading and attract listings from companies in East Africa s largest economy. (news.financializer.com). As reported in the news.