The developers of Village Market and Tribe Hotel have threatened to start liquidation proceedings against Nairobi Business Ventures (NBV) over a Sh5.2 million debt. In a 21-day statutory demand notice, Greenhills Investments said the sum included rent and interest owed up to November 19 this year. NBV started out as a leather products retail chain […]
At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. FILE PHOTO | NMG At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. Britam Holdings , […]
The Nairobi Securities Exchange (NSE) has lifted the suspension of Nairobi Business Ventures (NBV) from trading at the bourse. This follows the firms’ completion of its restructuring process and the onboarding of a new investor, Delta International (FZE), resulting in the listing of 415 million new shares. This means Nairobi Business Ventures will now focus […]
Nairobi Business Ventures Ltd (NBV) has listed an additional 415 million shares at the Nairobi Securities Exchange (NSE) as it resumed trading on Monday. The firm now completes its restructuring process and the onboarding of a new investor, Delta International (FZE). The trading of its shares had been suspended for more than a month to […]
NAIROBI, KENYA: The Nairobi Securities Exchange (NSE) has lifted the suspension in trading of Nairobi Business Ventures (NBV) Ltd securities. This follows the suspension of trading effected on the security mid last month to allow for the completion of the company’s restructuring exercise. This includes a share split, allotment and issuance of shares to Delta […]
NSE Market watch board during ringing of the bell ceremony at Nairobi securities Exchange. The suspension of trading of Nairobi Business Ventures (NBV) shares at the Nairobi Securities Exchange (NSE) has been extended for two more weeks. A notice from the NSE said this was to allow the company to finalise on a restructuring exercise. […]
The Nairobi Securities Exchange ( NSE ) has lifted the suspension in trading of Nairobi Business Ventures ( NBV ) Ltd securities. This follows the suspension of trading effected on the security mid last month to allow for the completion of the company’s restructuring exercise. This includes a share split, allotment and issuance of shares […]
Nairobi — Nairobi Business Ventures Limited has listed an additional 415 Million shares completing its restructuring process and the onboarding of a new investor, Delta International (FZE). Following the restructuring, Nairobi Business Ventures (NBV) will now focus on manufacturing, importing, and selling raw materials used by cement and steel processors and other companies in the […]
The Nairobi Securities Exchange #ticker:NSE has lifted the suspension of trading of shares of former shoe-seller, Nairobi Business Ventures (NBV), following the conclusion of a Sh83 million buyout deal by Dubai-based Delta International FZE. NSE said in a Monday statement that the shares will now resume trading following a half month suspension that allowed for […]
Safaricom has continued dominating the Nairobi Securities Exchange (NSE) as the top mover. On Wednesday, the telecommunications giant moved 13.89 million shares with a market capitalization of 1.32 trillion shillings. The second top mover of the day was Equity Group who sold 8.55 million shares with a market capitalization of 133.21 billion shillings. It is […]
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