EXPLAINING AFRICAN ECONOMIC GROWTH PERFORMANCE: …

As a result of these efforts, trading at the Nairobi Stock Exchange opened up, on a limited scale, to foreign investors in January 1995. In June 1995, the limit on portfolio investment in Kenyan companies quoted on the Nairobi Stock Exchange (NSE) by foreigners was raised from 20% to 40% for the corporate group of investors and from 2..5% to 5% ... ................
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