The Nairobi Securities Exchange (NSE) announced Friday that its net earnings for the year ending 31 December 2019 will decline by more than 25 percent, citing challenges that include tough economic conditions.
The self-listed company that posted a Sh190 million net profit in 2018 - a 12 percent decline from the Sh216 million profit in 2017 - decried a poor market performance in the first nine months of the year, which saw the NSE 20-Share Index dropping to a 10-year low.
