Listed cement maker Bamburi has cautioned investors that its profit for the year ended December last year will plunge by a quarter compared to the earnings booked in 2022, citing a one-off settlement during the divestiture of its Ugandan subsidiary.
🇰🇪 Nairobi Securities Exchange
126.78 +1.02 (+0.81%)NSE ALL SHARE INDEX | As of 11-Apr-2025
| 1M | 3M | YTD | 1Y | 2Y |
| -4.08% | -2.21% | +2.67% | +15.06% | +11.59% |
| Value Traded (Mln KES) 480.87 |
Volume 30,684,100 |
| Transactions - |
Market Cap. (Bln KES) 1,860.82 |
11-Apr-2025
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The Nairobi Securities Exchange (NSE) reported a 34 percent increase in net profit to Sh18.4 million in the year ended December, helped by higher revenue from sale of market data.
Kenya Airways' ongoing recovery and turnaround initiatives have resulted in the airline recording an operating profit of Ksh 10.5 billion for the year ended December 31, 2023 compared to an operating loss of Ksh 5.6 billion in the prior year, representing a 287% growth.
- James Anyanzwa | Business Daily Africa
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The Capital Markets Authority (CMA) has opened a window for new firms to list shares on the Nairobi Securities Exchange through an electronic process in a move that aims to reduce the time and cost of initial public offerings for issuers and protect investors from refund errors.
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