NSE Announces Leadership Changes Amid Govt Privatisation Plans
The new leadership changes will take effect from July 13, coming at a time when the government has already sold its shares in two major companies, the KPC and a top telco...
✨ Key Highlights
The Nairobi Securities Exchange (NSE) has announced a leadership transition, with Board Chairman Kiprono Kittony retiring and businessman Tom Mulwa appointed as his successor.
- Tom Mulwa, an Independent Non-Executive Director since September 2025, will assume the role of Board Chairman effective July 13.
- Kiprono Kittony, who served for eight years on the board and six years as Chairman, will retire on July 12.
- During Kittony's tenure, the NSE oversaw significant developments including the listing of Kenya Pipeline Company (KPC) and was ranked as Africa's best-performing stock exchange in 2024.
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LSK Puts Govt on Notice Over Finance Act 2026 - July 2026
The Law Society of Kenya has issued a warning to the Kenyan government regarding the implementation of the Finance Act 2026, vowing to take legal action against any perceived administrative overreach. Kenya has announced significant changes to import duties on several key products, including mobile phones, rice, and baby diapers, following approvals from the East African Community. The Nairobi Securities Exchange has also announced a leadership transition, with Board Chairman Kiprono Kittony retiring and businessman Tom Mulwa appointed as his successor amid government privatisation plans.
