Nairobi Securities Exchange (NSE) today raised over Kshs.5,800,000 in its second annual charity trading day bringing the Trading Day total amount over 2 years to Kshs. 13,077,138.85. NSE hosted nearly over 10 performers, actors, journalists and other cultural icons that acted as guest traders at the Exchange trading floor.
Speaking during the Event, the NSE Chairman, Mr. Sam Kimani said “Since its launch, the NSE Charity Trading Day continues to make a great impact in our society. By donating our days’ trading revenues one day each year, while raising funds from various corporates, we continue to positively transform our community through wildlife and nature conservation while supporting various humanitarian causes”.
Mr. Kimani also noted, “All the equity trading revenues will be donated to diverse charity organizations selected by the Exchange with the lead beneficiary being Save the Elephant for its conservation efforts being undertaken on the Tsavo tracking project in conjunction with the Kenya Wildlife Services (KWS).”
Save The Elephants, Elephant Tracking project uses GPS-tracking equipment to understand elephant lives, decisions and needs. The technology provides near-instantaneous observation of the GPS location of an animal within seconds of it being recorded by an animal’s tracking collar which helps in the deployment of ranger patrols, to assist in mitigating human-elephant conflict once a distress is noted.
“The Charity Trading Day is a very unique event that allows one to experience what goes on at the Exchange, interact with investors and convince them to make a trade for charity. I am grateful to the NSE team and other sponsors, for their energy and generosity in raising funds for elephant conservation efforts. These funds will make a significant impact and provide critical support to the team working on the Elephant Tracking Project.” said Dr Iain Douglas-Hamilton, CEO and Founder Save The Elephant.
This year’s Charity Trading Day will also be supporting last year’s beneficiaries; Borana Conservancy, where NSE adopted a rhino, two children’s homes; Joy Children’s Home and SOS Children’s Village and Tusk Trust-new Samburu elephant sanctuary project.
“Speaking during the event, NSE Chief Executive, Mr. Geoffrey Odundo thanked all the sponsors of this year’s edition of the NSE Charity Trading Day saying “This year’s Charity Trading Day was sponsored by various Capital Market Stakeholders, with ICAP being the lead sponsor having sponsored the event to a tune of £10,000 equivalent to Kshs 1.2 million. We wish to thank all our sponsors; both corporates and individuals who contributed generously to this initiative and all the known personalities who took time to attend the event”.
