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Nevertheless, policies should focus on closely monitoring the health of the banking system and adapting banking supervision to growing regionalization, while the government seeks to complete the demutualization of the Nairobi Stock Exchange.
Uganda's sole power distributor Umeme plans to list this year on the Uganda and Nairobi stock exchanges to raise capital to finance the country's electricity network.
The bank's regional expansion plan, alongside its introduction of new services such as mobile banking and mortgage facilities, has led the firm to transform its IT systems ahead of a planned listing on the Nairobi Stock Exchange in 2012.
On the Nairobi Stock Exchange, the NSE-20 Share Index cut a seven-day losing streak, edging up 0.
Says Claire Volkwyn: "Edward Njoroge has led KenGen through a public listing on the Nairobi Stock Exchange, he is the board member of several companies in East Africa, the chairman of the World Energy Council, Kenyan Chapter and the President of the Union of Producers, Transporters and Distributors of Electric Power in Africa (UPDEA).
Publicly listed on the Nairobi Stock Exchange, Co-operative Bank of Kenya has licensed the solution from Misys in line with the bank's plans to increase its product portfolio, enhance the quality of services, and expand the bank's market share.
Publicly listed on the Nairobi Stock Exchange, Co-operative Bank of Kenya has licensed the functionally-rich flexible solution from Misys in line with the bank's strategic plans to increase its product portfolio, enhance the quality of services, and expand the bank's market share.
INVESTMENT PRODUCTS He said ApexAfrica Capital, the third largest member of the Nairobi Stock Exchange, is working to develop Shari'ah investment products, and is introducing unit trusts targeted at the Shari'ah niche.