Nairobi Securities Exchange Nairobi Securities Exchange The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. Dealing in shares and stocks started in the 1920s when it was the British colonial Kenya Colony (1920−1963), a part of the British Empire. A stock exchange was first floated in 1922 at the Exchange Bar in the Stanley Hotel in Nairobi. However, the market was not formal as there did not exist any rules and regulations
Nairobi much more) are privately owned minibuses, and the most popular form of local transport. They generally seat fourteen to twenty-four. Matatus operate within Nairobi, its environs and suburbs and from Nairobi to other towns around the country. The matatu's route is imprinted along a yellow stripe on the side of the bus, and matatus plying specific routes have specific route numbers. However, in November 2014 President Uhuru Kenyatta lifted the ban on the yellow stripe and allowed matatus to maintain the colourful graphics in an effort to support the youth in creating employment. Matatus in Nairobi were easily distinguishable by