Suresh Bhagwanji Shah’s stake in I&M Group surges past $36 million
The recent rally in I&M Group's shares on the Nairobi Securities Exchange has significantly boosted Shah's fortune.
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Kenya’s 30 richest people
Kenya’s wealth creation remains strong amid global turbulence, driven by a resilient private sector and strategic business environment.
Weeks after crypto scam, Tanzania’s richest man Mohammed Dewji hits $2.2 billion net worth
The latest surge in his net worth comes just weeks after he raised concerns about cybersecurity and the growing use of deepfake technology in financial scams.
Kenafric, led by Kenya’s Shah family, expands in East Africa with stationery firm acquisition
The deal, backed by Kenya’s billionaire Shah family, strengthens Kenafric’s presence in the fast-moving consumer goods sector.
I&M Bank, founded by Kenyan tycoon Suresh Bhagwanji Shah, to open nine new branches
By the end of next year, I&M Bank aims to reach 100 branches, further cementing its status as one of Kenya’s top-tier financial institutions.
Latest
Kenya’s 30 richest people
Kenya’s wealth creation remains strong amid global turbulence, driven by a resilient private sector and strategic business environment.
NBA star Damian Lillard makes power move in $6 billion sneaker insole market
When he launched Move in late 2021 as a direct-to-consumer brand, it generated over $100,000 in sales within its first month, signaling strong market demand.
South African tech mogul Zak Calisto takes $180 million hit on Karooooo stake
The $809.2 million decline comes after a brief surge between Jan. 27 and Feb. 6, when his holdings gained $71 million before the downturn wiped out those gains.
South African billionaire Patrice Motsepe re-elected unopposed as CAF President
His leadership has reshaped CAF’s financial outlook, attracting record sponsorship deals and boosting revenue streams.
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