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Kenya's Haco Industries is exploring either an IPO or a strategic investor as the Kirubi family plans succession, while MD Mary-Ann Musangi pushes the consumer goods maker into Ghana, Nigeria and Senegal.
Haco Industries will begin operations in Ghana by end April through a joint venture, using a lean model that avoids building factories.
Kenya's Court of Appeal has overturned an order requiring billionaire John Kibunga Kimani's Rural Development Services to complete a Sh205 million land sale in Makuyu.
Kenya's high-net-worth investors are moving away from residential property into ESG assets and offshore markets, according to Standard Chartered executives speaking in Nairobi.
Abubakar Bakhresa, an executive director of the Bakhresa Group, has been named to the FlourWorld Museum's 2026 Milling Hall of Fame for his role in expanding East Africa's largest milling operation to 8,560 tonnes of daily capacity.
Ethiopian billionaire Belayneh Kindie controls a sprawling empire of companies across agriculture, manufacturing, transport and hospitality.
One Petroleum, a subsidiary of Mombasa billionaire Mohammed Jaffer's Mbaraki Bulk Terminal, was cleared to import 60 tonnes of petrol at three times the government rate as Kenya's Iran war crisis drove fuel supply shortages.
Kenya's record bank profit year will deliver Sh5.75 billion in dividends to the country's richest investors including James Mwangi and the Ndegwa family.
AXIAN Group CEO Hassanein Hiridjee has backed Hamilton Labs' USDh stablecoin, betting digital dollars can solve Africa's savings and payments problems.
Tosin Eniolorunda's Moniepoint has acquired a 78 percent majority stake in Kenya's Sumac Microfinance Bank, marking the Nigerian fintech's first major entry into East Africa.
Ugandan businessman Amos Nzeyi has donated Shs150 million to Rwere Primary School in Rubanda, funding two classroom blocks and 12 staff housing rooms.
Balmer Healthcare and India's Apollo Hospitals plan a Sh26 billion tertiary hospital in Eldoret aimed at keeping Kenyans from going abroad for specialist treatment.
Kenya awarded Manu Chandaria the National Heroes Award for philanthropy spanning decades of healthcare and education investment across East Africa.
Kenya's High Court has ordered a review of criminal proceedings against Benson Ndeta in a Sh4.5 billion Absa Bank fraud case involving forged documents.
NCBA Group posted KSh 23.4 billion ($180.3 million) in full-year profit and raised its dividend by 22.5% to KSh 7.1 per share for 2025.
Joshua Kulei was a prison warder who caught President Moi's eye, became his personal assistant and built one of Kenya's largest private business empires.