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The group’s revenue for the period under review was R15.6 billion ($827.67 million), reflecting a 5.5-percent decrease from R16.5 billion ($874.29 million) in the previous year.
Key shareholders, including prominent Kenyan business figures like Mbaru, Munga, Mwangi, and Michuki, lend further credence to the company’s standing.
Ghanaian tycoon Daniel Ofori owns 3.9 percent of CalBank. The bank plans to bolster its finances with a rights offering.
The $1.1-billion plunge in Rupert’s fortune — averaging a daily loss of $73.33 million since March 14 — is directly linked to the market value of his 9.14-percent stake in Richemont.
The unexpected loss primarily resulted from a $5.8-billion after-tax non-cash impairment charge related to VillageMD goodwill, an investment initiated during Brewer’s tenure.
Stuhler’s stake in Lighthouse Properties has jumped by $3.64 million, rising from $70.11 million on March 5 to $73.75 million.
NCBA’s board of directors recently recommended a final dividend of Ksh3 per share, bringing the full-year payout to Ksh4.75 (0.04) per share.
His latest $11.02-million food intervention program underscores his unwavering commitment to improving lives and tackling social challenges in Nigeria.
The board of Bank of Africa led by Othman Benjelloun recommends $0.3952/share dividend.
The recent contract with the U.S. Army builds upon Palantir’s established relationship with the Department of Defense (DoD).
Under Mupita’s leadership, MTN Group has achieved significant milestones, serving over 289 million customers across 22 countries.
Over the past 41 days, I&M shares have experienced a notable upturn, resulting in an increase of Ksh919.35 million ($6.97 million) in the market value of Shah’s holdings.
Despite the notable decline in his stake’s value, Dippenaar remains a top investor on the JSE and one of the most affluent business leaders on the African continent.
Voice revenue rose 11.6 percent, while data and mobile money revenue surged 21.6 percent and 17.6 percent, respectively.
KCB Bank Kenya’s loan book has surged in recent years, outpacing its deposit base.
Tazi’s recent financial gains are tied to the surge in Sothema’s stock on the Casablanca bourse.
