Mbaru owns a significant 7.72-percent stake in Britam Holdings.
"Jimnah Mbaru"
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Kenyan tycoon Jimnah Mbaru loses over $1.35 million in 95 days as Britam shares fall 10 percent
Mbaru owns a significant 7.72-percent stake in Britam Holdings.
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Britam Holdings is a leading financial services provider with operations throughout Southern and East Africa.
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Investors are stepping back from the company as it prepares to publish its financial results for 9M 2021.
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Kenyan banking mogul Jimnah Mbaru gains $2.5 million in 151 days from stake in Britam Holdings
Britam Holdings is a Kenya-based diversified financial services group listed on the Nairobi Stock exchange.
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Kenyan investment banker Jimnah Mbaru gains $2.3 million in 94 days as Britam shares surge to 14-month high
The gains came off the back of a double-digit increase in Britam Holding’s shares.
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The gains are the result of an upward trend in the group’s shares on the Nairobi Stock Exchange.
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Munga owns a significant stake in Britam Holdings, with 72 million shares, making him one of its largest shareholders.
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Leading Kenyan billionaires such as Mbaru, Munga, and Mwangi hold significant stakes within the conglomerate.
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Britam Holdings is a prominent diversified financial services conglomerate partly owned by Kenya’s richest investors.