The Nairobi Business Ventures #ticker:NBV (NBV) share is the biggest gainer this year at the Nairobi Securities Exchange #ticker:NSE, boosted by a big rally earlier this month following the Sh83 million takeover of the firm by Dubai-based Delta International FZE. Media, manufacturing and banking stocks on the other hand have been the worst hit by […]
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 […]
The Nairobi Business Ventures #ticker:NBV (NBV) share is the biggest gainer this year at the Nairobi Securities Exchange #ticker:NSE, boosted by a big rally earlier this month following the Sh83 million takeover of the firm by Dubai-based Delta International FZE. Media, manufacturing and banking stocks on the other hand have been the worst hit by […]
The Rabar family has revealed its Sh294.5 million fortune in Homeboyz Entertainment (HBE) as they defied Covid-19 headwinds to list the company on the Nairobi bourse yesterday. The listing statement puts each share of the company at Sh4.66 with the former DJ-turned entertainment and events organiser Myke Rabar holding 35.612 million shares worth Sh165.95 million. […]
Troubled shoe and leather accessories retailer, Nairobi Business Ventures Limited (NBV), has been ordered by a court to pay Sh5.2 million to local investment company or face liquidation. This follows the issuing of an insolvency notice by the High Court in Nairobi and its subsequent publication in the dailies on Wednesday December 23. In the […]
The Rabar family has revealed its Sh294.5 million fortune in Homeboyz Entertainment (HBE) as they defied Covid-19 headwinds to list the company on the Nairobi bourse yesterday. The listing statement puts each share of the company at Sh4.66 with the former DJ-turned entertainment and events organiser Myke Rabar holding 35.612 million shares worth Sh165.95 million. […]
Investment brokers at the NSE. FILE PHOTO | NMG De-equitisation is the latest buzzword in financial markets. Its origin comes as a result of the global substantial fall off in the number of listed companies on exchanges and fewer entities going public. The bigger markets such as London (shrinkage of 707 companies over the past […]
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 […]
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