Historically, shares in Somali businesses have been bought and sold informally through close networks. However, economists have noted that in recent years, the emergence of various stock exchanges in African states have played a pivotal role in fostering economic and private sector growth
The annual report is an all-inclusive report on the company’s activities throughout the
previous year. The report is intended to give investors and other interested parties full
information about the company’s activities and financial performance. It allows investors to
have a sound judgement about the company and its potential growth.
The annual report consists of company background information. Products and services of the
company’s business partners information. Statement of comprehensive income statement of
financial position. Statement of cash flows statement of changes in equity.