Family-owned enterprises are being encouraged to pursue listings on Kenya's Nairobi Securities Exchange to ensure long-term sustainability.

NSE CEO Perspective

NSE CEO Frank Mwiti emphasized that going public enables businesses to "outlive their founders by facilitating the introduction of new leadership, ownership, and supporting organizational structures."

Capital Raising Benefits

According to Mwiti, listing provides access to alternative capital-raising instruments including "commercial papers and corporate bonds, which can act as alternatives to bank loans." Additionally, it allows business owners to unlock shareholder value during market upswings.

SKL's Historic Listing

The article highlights Shri Krishana Overseas Ltd (SKL), a packaging solutions company planning to list on the NSE's Small and Medium Enterprises Market Segment. If approved, SKL would become the first packaging company listed on the exchange and its inaugural listing since 2020.