Dangote offers Kenyans shares for Sh49 via NSE
Nairobi, Sept. 29 -- Kenyan investors will have access to the ongoing Dangote Petroleum shares sale for as little as Sh490 through the Nairobi Securities Exchange (NSE) under a new vehicle that awaits regulatory approval.
Investors will also be able to buy shares valued at Sh49 a piece via global depository receipts (GDRs)-instruments that enable them to hold shares in foreign companies without directly trading on offshore markets or needing to open foreign brokerage accounts.
Published by HT Digital Content Services with permission from Business Daily....
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