AFRICAN MARKETS

Nairobi Securities Exchange lifts NBV shares suspension

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The lifting of the suspension in the trading of the securities was approved by the Capital Markets Authority on Monday.

 

At the firm’s bell-ringing ceremony, NBV Chairman Haresh Soni said the growth of infrastructure across Africa presented the company with opportunities to supply companies with making end products such as cement and steel.
“Africa is the future of economic opportunities and NBV is committed to joining the race with its contribution,” he said.

 

“We want to be part of the Big Four agenda and our main focused sectors of activity shall be infrastructure.”

 

NSE Chairman Kiprono Kittony said the capital injection and new business focus would play a significant role in reviving business operations as well as renew investor’s confidence in the prospects and future of the business.
The investment also resulted in NBV getting a new board of directors.

 

Source

Coronavirus: African Union Member States reporting COVID-19 cases as of 5 December 2020, 9 am EAT

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