Kenya and Tanzania bourses are set for changes in top management after the expiry of the contracts of Geoffrey Odundo and Moremi Marwa, respectively, with their replacements facing an uphill task of reforming and restoring investor confidence in stockmarkets struggling to attract new investors.
The Nairobi Securities Exchange (NSE) is expected to announce Mr Odundo’s replacement in two weeks after completion of the recruitment process by consultancy firm Cedar Africa Group.
