Mohammed Dewji to close 2024 with $300-million gain despite headwinds
This boost in fortune solidifies his place as East Africa's richest individual and places him as the 1,882nd wealthiest person globally.
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QCIL posts over 500-percent profit surge to $6 million
Pharmaceutical leader reports robust growth in revenue and margins.
NCBA Bank partners with Xpress Money to streamline global remittance services
Seamless money transfers for NCBA diaspora customers.
Simbisa Brands boosts Kenyan workforce with 402 new jobs
Fast-food operator opens 15 new outlets; shifts focus to chicken and pizza
James Mwangi’s Equity Group stake nears $50 million
James Mwangi, Kenya's richest banker, solidifies his position with a 12.64% increase in Equity Group shares, boosting his net worth to nearly $50 million.
Latest
Sanlam, Ninety One finalize $275.7-million asset management deal
The agreement, valued at R5 billion ($275.7 million), makes Ninety One the primary active investment manager for Sanlam.
Ghabbour family's GB Corp stake declines by $15.6 million in 28 days
The decline follows a previous gain of $12.3 million recorded between Sept. 17 and Oct. 11, when Ghabbour family’s stake rose from $190.39 million to $202.72 million.
LADOL’s $500-million investment drives Nigeria’s industrial growth
Ambitious expansion plans include job creation and economic diversification.
Wema Bank strengthens leadership with key executive appointments
Ajimisinmi and Bakare to drive strategic growth and innovation.