Kenya : Bamburi Cement completes Sh12bn sale of Uganda subsidiary
Bamburi Cement has completed the sale of its 70 percent stake in its Ugandan subsidiary Hima Cement for an estimated $84 million (Sh12 billion) giving it a cash flow boost.
🇰🇪 Nairobi Securities Exchange
105.84 +0.26 (+0.25%)NSE ALL SHARE INDEX | As of 09-Sep-2024
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09-Sep-2024
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East African Cables to sell Sh115m Tanzania unit
Manufacturer East African Cables is set to dispose of its Tanzanian subsidiary with the sale of its 51 percent stake.
Kenya : Foreigners’ NSE net sales hit Sh1 billion in February
Foreign investors hastened their exit from the Nairobi Securities Exchange (NSE), recording a net selling position of Sh1 billion in February.
Kenya : Stanbic shareholders get record dividend as profit hits Sh12bn
Stanbic Holdings has raised its dividend payout by 21.8 percent to Sh6.07 billion after the net profit for the year ended December 2023 grew by a third to hit the highest level in the lender’s history.
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