With a majority stake of 65.46 percent, Kenya’s Merali family holds the largest share in Sasini Tea.
Mfonobong Nsehe
Mfonobong Nsehe
With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. He is the editor-in-chief of Billionaires.Africa. A former Forbes Magazine contributor covering African wealth and entrepreneurship, Mfonobong conceptualized, initiated, and managed for a decade the Forbes annual ranking of Africa’s richest people. He was also the pioneer managing editor of Ventures Africa and built it into one of the continent’s most influential business news companies.
-
-
Ovia owns a 16.2-percent stake in the financial services group, comprising 5,072,104,311 ordinary shares, makes him the wealthiest banker in the country.
-
Despite this setback, Gore maintains his status as a top figure among the richest investors on the JSE.
- Hot News
Kenyan billionaire Baloobhai Patel boosts stake in Co-op Bank with $1.43-million investment
This further solidifies Patel’s commitment to Co-op Bank, as he navigates the challenging market conditions marked by a bear run that has …
-
The recent $100-million boost in Kirsh’s wealth is linked to the outstanding performance of his private investments.
-
His compensation comprises a base salary of R11.23 million ($0.60 million) and augmented by a short-term incentive of R8.41 million ($0.45 million).
- Hot News
Why African billionaires are banking in Belize: Luigi Wewege, president of Caye International Bank
Wewege explains to Billionaires.Africa the reasons why wealthy Africans are flocking to bank in the Central American country.
- Hot News
South African-born billionaire Patrick Soon-Shiong loses $520 million in first week of 2024
Soon-Shiong’s net worth plunged by $520 million in the first week of 2023 declining from $10.5 billion on Jan. 1 to $9.98 …
-
This compensation package which underscores his commitment and expertise as a seasoned business executive.
-
From leading Mauritius’ largest conglomerate, IBL Group, to investments in Kenya’s retail sector through Naivas International.