The bonds market posted a rise in turnover during today’s trading session, with bonds worth Kes 2.44 billion transacted in 58 deals against the 1.06 billion worth of bonds transacted in the previous trading session.

The dollar index, which measures the U.S. dollar against a basket of its peers, last traded at 92.213, declining from an earlier high of 92.346. The index retreated from levels near 93.00 in the previous...

The profit dip has however trimmed the bank’s earnings per share to Kes.11.13 from Kes.16.15 last year.

The firm is expected to transform NBV into a manufacturer of cement and other industrial products switching it from a leather products retail chain.

The slow recruitment process has however been evident at the capital markets regulator with Paul Muthaura having also served first as CEO on a lengthy interim capacity.