Policy Brief No. 08 of 2006 on Enhancing Growth of the Nairobi Stock Exchange Primary Market

Abstract

Stock market development is crucial in financing economic growth. In the financial sector reform process, the government has prioritized the reform of the stock market with the aim of enhancing its activities and making it a viable vehicle for financing development. Reforms targeting the stock market include tax incentives, review of the regulatory framework, review of the listing requirements, and segmentation of the market to accommodate different categories of membership.