The Nairobi Securities Exchange (NSE) CEO, Frank Mutie, is encouraging family businesses to list on the NSE. This move is aimed at preserving the family's legacy and improving their long-term sustainability.
According to Mutie, listing on the NSE offers several benefits:
- It allows businesses to outlive their founders by facilitating the introduction of new leadership and ownership. - It provides family businesses with more options to raise much-needed capital.
Listing on the NSE is seen as a way to strengthen the country's economy, creating opportunities for both the businesses and investors.
Source: KTN News Kenya
Read original article at KTN News Kenya