Kurwitu Ventures to list on GEMs at Sh1,250 a share

Shares in Kenya’s first Sharia compliant investment firm will be introduced to the Nairobi Securities Exchange (NSE) Thursday at a list price of Sh1,250.

Kurwitu Ventures, which is listing just 102,272 ordinary shares with a par value of Sh100 each, will become the NSE’s priciest stock beating British American Tobacco (Sh1,000) and Limuru Tea (Sh1,020).