Shelter Afrique now kicks off search for debt-fixing director
2 months ago, 8 Jan 16:38
Shelter Afrique has kicked off the search for an independent director in charge of investment analysis, finance and debt restructuring and capital raising from within its 44 countries. Shelter Afrique listed a Sh5 billion five-year medium-term unsecured notes on the Nairobi Securities Exchange (NSE) in 2013 and the bond matures on September 28. One tranche of Sh4.23 billion has a coupon rate of 12.75 per cent while the other Sh760 million note is priced at 11 per cent. Acting managing director F ...
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The Shoprite Group has, as an added precautionary measure, removed all Farmer's Deli Red and Smoked Viennas from its shelves until the product gets the all clear."Category: business