The Nairobi Securities Exchange (NSE) has received a significant upgrade from FTSE Russell, achieving a “Pass” rating on the Efficient Trading Mechanism criterion. This recognition follows the successful implementation of single-share trading on August 1, 2025, and signals progress in Kenya’s capital-market reforms.

• The upgrade moved the NSE from a “Restricted” to a “Pass” rating in the FTSE Equity Country Classification Interim Review completed in September 2025.
• Frank Mwiti, NSE Chief Executive, highlighted the upgrade as a "powerful endorsement of the modernization and reform agenda."
• A “Pass” rating indicates that a market has met international operational standards in areas such as trading efficiency and settlement.