Business NewsLast year, many brokerage companies at the Nairobi bourse registered a decline in brokering commissions as the economy took a nosedive. The company which traditionally focused on offering brokering services in the Nairobi bourse said yesterday it would now shift its focus to the digital, treasury and asset management space. Last year, many brokerage companies at the Nairobi bourse registered a decline in brokering commissions as the economy took a nosedive. With the economy continuing to be ravaged by the pandemic, brokerage companies in the bourse have been forced to find other ways to remain afloat. Earlier this month, ApexAfrica Capital and AIB brokering companies finalised their merger that will see former’s client accounts taken over by the latter.

Source: Standard Digital June 17, 2020 16:26 UTC