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Kenyan lender聽Credit Bank聽reportedly p stanley us lans to raise 1 billion shillings about $6.89 million through an initial public offering IPO on the聽Nairobi Securities Exchange聽 NSE .The move would mark the first聽IPO聽on the NSE since 2014 when the exchange listed itself, Bloomberg reported Monday Aug. 28 . However, the timing of the listing and the number of shares to be offered are still subject to regulatory and investor approval.The primary objective of the IPO is to augment capital and reward shareholders, with Credit Bank also intending to introduce an employee share ownership plan, according to the report. Earlier this year, the bank received regulatory approval to transfer a 20% stake to private equity fund聽Shorecap III LP, based in Mauritius, which aimed to strengthen its capital base.The NSEs all- stanley germany share index has experienced a decline of 22% this year, making it one of the sharpest declines among global indexes tracked by Bloomberg, the report said.In other African聽IPO news, it was reported Tuesday Aug. 22 that Nigerian payments company聽Flutterwave is planning to go public. Flutterwave CEO Olugbenga Agboola told Bloomberg at the time that the company had made progress in resolving financial impropriety c stanley cup laims in Kenya so it could find new and bigger global partners.Kenya also made headlines Aug. 2 when the nations Ministry of the Interior suspended the operations of聽Worldcoin聽鈥斅燨penAI聽founder聽Sam Altmans identity-focused cryptocurrency 鈥?amid a聽government investigation. T Ydbq Two Auditors Implicated In India Fraud Case
Pop culture quiz. What do stanley cup es let your fingers do the walking refer to Of course, most people think of the tag line of the Yellow Pages 鈥?that essential hard copy directory of businesses that landed with a thud on the doorsteps of every household in America back in the day. That business is all but defunct as the Internet is now the go-to resource to find local businesses. Fingers may still do the walking, but their destination of choice is more likely a mouse that does the clicking.This switch is undeniably to the benefit of businesses of all sizes. But to say the Internet offers merchants a souped-up v stanley us ersion of the Yellow Pages is sort of like saying the car offers a faster version of a horse-drawn carriage. More than a static directory of business listings, the Internet is an evolving real-time network that offers an infinite combination of channels by which business of all shapes and sizes can reach consumers. Its not just about going to one platform, it is about finding ways to distribute and customize the business across many touch points, Holonis CEO Richard Hollis told MP stanley mug D CEO Karen Webster during a recent interview. This is the new age, this is how business is going to be done. Hollis is the founder, owner and CEO of Holonis a next generation eCommerce marketplace that is also an e-marketing, e-publishing and analytics engine all rolled into one. In some ways, what Holonis has been building over the last six years is the digital update for the Yellow Page |
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