Nairobi, Sept. 14 -- The concentration of women investors on the Nairobi Securities Exchange (NSE) has increased substantially for the first time in a decade, raising hopes of gradually bridging the gender gap among stockholders.
Statistics by the Capital Markets Authority (CMA) show that about 513,062 women had invested in the Nairobi bourse as at June, accounting for 34 percent of the total investors. This was a slight improvement from an almost flat record of 32 percent since 2010 when such data was first provided.
And more uplifting in the push for gender parity is that the number of women investors grew at a faster rate of 87 percent from the 273,254 registered in 2010 to 513,063 as at June, compared to 71 percent for men over the sa...