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 domestic users to industries in five cities, with the highest incidence of bribery in Nairobi. There is wide variety regarding standards of living in Nairobi. Most wealthy Kenyans live in Nairobi, but the majority of Nairobians are average and poor. Half of the population have been estimated to live in slums which cover just 5% of the city area. The growth of these slums is a result of urbanisation, poor town planning, and the unavailability of loans for low income earners. Kibera is one of the largest slums in Africa, and is situated to the west of Nairobi. (Kibera comes