Railway firm for public listing

TransCentury Group, the company that owns 34 per cent stake in the Uganda-Kenya railway concessionaire, Rift Valley Railway International, says it will list on the Nairobi Stock Exchange (NSE) in the next six months. TransCentury said in a statement to the media that it has appointed investment firm Dyer and Blair, law firm Kaplan Straton, audit firm KPMG and a public relations company Quantum Leap as the lead advisers on the Initial Public Offering (IPO).

The announcement coincided with

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