Kenyan executive James Ndegwa gains $2.4 million from NCBA stake in 11 days
Ndegwa, the former chairman of Kenya’s Capital Markets Authority, owns 4.57 percent of the Nairobi-based financial services conglomerate.
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Kenya's largest telecom halts ads on major publications following critical reports on data privacy practices.
Equity Group's nine-month profit rises 13 percent to $317 million
Regional subsidiaries contributed 49.78 percent of the earnings, reflecting the group's successful regional diversification strategy.
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Baraka Smiles Foundation launches a $387-million campaign to bring essential dental care to Kenya’s underserved communities, aiming for "1 million healthy smiles" by 2027.
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Motsepe sees $100 million wealth boost amid $195-million lawsuit in Tanzania
This marks a $300 million increase in Motsepe's fortune so far in 2024, up from $200 million at the start of November.
Lowe’s launches $2.5-million relief fund for small businesses in Western North Carolina
Lowe's introduces $2.5 million initiative to expedite recovery for small businesses impacted by Hurricane Helene.
IBL Group to offload stake in Mauritian bank to Access Holdings’ UK subsidiary
Mauritian conglomerate led by Arnaud Lagesse seeks to unlock value from early investment in regional bank.
John Coumantaros’ stake in Flour Mills tops $100 million
This follows a $31.57-million increase in his stake earlier this year, between Sept. 5 and Oct. 9, when his holdings increased from $68.11 million to $99.68 million.