Greg Hands opens Friday trading at Nairobi Securities Exchange

Greg Hands at the Nairobi Securities Exchange
Greg Hands opens trading at the Nairobi Securities Exchange. Photo: Twitter/NSEKenya

At the start of the second day of his Kenya visit, UK Minister for Trade, Greg Hands, opened the trading floor of the Nairobi Securities Exchange (NSE) and welcomed their work with the London Stock Exchange to support firms and investors from both countries.

The Conservative MP for Chelsea and Fulham was hosted by NSE Chairman, Samuel Kimani for yesterday’s opening bell ceremony to commence trading followed by a consultative meeting to explore opportunities for collaboration with the Exchange and the UK government.

During his visit, the MP emphasised the need for both the UK and Kenyan governments to prioritize initiatives in the finance sector for the prosperity of both economies.

The UK is Kenya’s fourth leading export destination. Trade in goods and services between the two countries has grown from £500m in 2004 to £1.55B in 2017.

Mr Hands’ visit echoed Henry Rotich’s UK visit to the UK in February when he was invited to open trading at the London Stock Exchange.

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