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Amsons Group’s Bold KShs 23.59 Billion Bid to Delist Bamburi Cement from NSE

Amsons Industries, part of Tanzanian Amsons Group, plans to delist Bamburi Cement from the Nairobi Securities Exchange (NSE) after securing at least 75% acceptance for its KShs 23.59 billion buyout offer. This offer values Bamburi Cement at KShs 65 per share, a 44% premium from its June 9th closing price. Holcim, Bamburi’s majority shareholder, supports…

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Longhorn Publishers Reports KSh 193.3mn Half-Year Net Loss

Longhorn Publishers, financial performance, net loss, revenue, operational challenges, strategic initiatives, macroeconomic factors, digital growth, educational publishing, Nairobi Securities Exchange, share price, fiscal year, CBC Curriculum. Longhorn Publishers disclosed a revenue of KSh 525.9 million, marking a 3.7% year-on-year increase, yet faced a widened net loss of KSh 193.3 million. Looking forward to the second…

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