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Indian billionaire Gautam Adani's $1.85-billion unsolicited bid has faced backlash from Kenyans.
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John Kimani, has seen his shares in Kakuzi surpass $22 million (Ksh2.87 billion), marking a gain of Ksh383.4 million ($2.97 million) in just eight days.
Kenya’s richest banker James Mwangi gains $5.3 million from stake in Equity Group
Mwangi, who holds a 3.38 percent stake, equivalent to 127,809,180 ordinary shares, has seen his investment rebound by Ksh683.78 million ($5.3 million) over the past seven weeks.
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Africa’s largest asset manager invests $494 million in Neal Froneman-led Sibanye
Sibanye receives a significant boost with a nearly $500 million investment from the South African government's wholly-owned asset management firm.
Kenyan tycoon Andrew Ndegwa’s stake in NCBA surges above $26 million
Andrew Ndegwa sees $3.82 million gain as NCBA Group shares surge 16.8 percent on the Nairobi Securities Exchange.
Egyptian billionaire Naguib Sawiris warns of potential real estate bubble amid economic challenges
Egyptian billionaire and Ora Developers Chairperson Naguib Sawiris has expressed concerns over the potential of a real estate bubble in Egypt.
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Discovery Health has consistently risen through the ranks, from fifth place in 2019 to becoming Africa's leading insurer in 2024.