Kenya's top banker gains $3 million in three weeks from Equity Group investment
Over the past 20 days, the market value of his stake has increased by Ksh396.21 million ($3.07 million), fueled by a robust stock performance on the NSE.
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Tullow Oil, backed by Samuel Dossou-Aworet, writes down Kenya assets by $145.4 million
This underscores growing doubts about whether the company can push its long-delayed Turkana oil project to commercial production.
Equity Group to reward Kenyan banker Mwangi with $4.2 million dividend payout
His stake in the lender, worth over $45 million, represents a 3.39 percent share in the leading financial services group.
CIC Group, linked to Kenyan tycoon Gideon Muriuki, unveils $5.6 million bonus issue
It underscores CIC Group’s commitment to enhancing superior shareholder value while strengthening liquidity and accessibility in the market.
Tanzanian tycoon Ally Edha Awadh hit by regulatory hurdle in Kilifi LPG project
The ruling adds to Kenya’s growing regulatory scrutiny of LPG projects, following past crackdowns by the EPRA on non-compliant firms.
Latest
Tullow Oil, backed by Samuel Dossou-Aworet, writes down Kenya assets by $145.4 million
This underscores growing doubts about whether the company can push its long-delayed Turkana oil project to commercial production.
Ghabbour family stake in Cairo-based automaker nears $300 million
GB Corp. stock has risen 19.91% in the past five weeks, boosting the Ghabbour family’s stake value by $45.73 million.
Anas Sefrioui surpasses Akhannouch and Benjelloun to become Morocco's richest man
Anas Sefrioui returns to Africa’s billionaire list with a net worth of $1.7 billion, surpassing PM Akhannouch and banking tycoon Benjelloun.
South African tycoon Barry Stuhler’s Lighthouse declares $29.5 million dividend
This represents a 17.08 percent increase compared to the previous year, driven by stronger-than-expected tenant sales and a strategic expansion of its property portfolio.
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