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predictionGDP for FY2025/26 is estimated at 31.86 Tn birr (US$210.70Bn).post authorstatementThe revision followed a change of Ethiopia's national accounts base year from 2015/16 to 2024/25.post authorstatementEthiopia has rebased its GDP by 59.2%, raising the estimated size of its economy for FY2024/25 from 15.09 Tn to 24.03 Tn birr (US$201.42Bn).post authorstatementThe gains helped lift group net profit 12.2% to KSh 1.13 Bn.post authorstatementTotal equity investment gains of KSh 266.42 Mn cushioned a 6.1% decline in core CO₂ trading profit to KSh 860.20 Mn.post authorstatementThe retained listed equities were supported by KSh 199 Mn in unrealised DSE gains.post authorstatementThe group retained KSh 516.91 Mn in listed equities.post authorstatementCarbacid Investments' parent portfolio fell to KSh 0.13 Mn.post authorstatementCarbacid Investments realised KSh 67 Mn in gains from Nairobi-listed stocks.post authorstatementCarbacid Investments liquidated KSh 270.37 Mn in parent-held equities during FY2026 amid an NSE rally.post authorstatementEthiopia's EBIT loss fell 53.4% to KSh 11.40Bn, bringing the business closer to EBITDA breakeven.SafaricomstatementEthiopia service revenue surged 71.6% to KSh 10.60Bn, while EBITDA losses narrowed 96.5% to KSh 0.40Bn.SafaricomstatementKenya EBIT increased 13.7% to KSh 101.80Bn, with net income up 13.8% to KSh 66.30Bn.SafaricomstatementEBIT jumped 39.8% to KSh 91.10Bn.SafaricomstatementEBITDA rose 27.5% to KSh 129.20Bn.SafaricomstatementGroup service revenue grew 13.1% to KSh 226.10Bn.SafaricomstatementSafaricom's HY2027 shareholder profit rose 35.9% to KSh 58.20Bn, beating analysts' KSh 54.32Bn forecast.SafaricomcommitmentExisting distribution arrangements with Absa Bank Kenya continue.postcommitmentBoth insurers will retain Absa branding references for six months.postcommitmentFirst Assurance Company becomes First Assurance General.post
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