Billionaires.Africa has identified and monitored five prominent companies held by the Kenyan Merali family.
"Merali"
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With a 65.46-percent stake, Kenya’s Merali family holds the largest share in Sasini Tea.
- East Africa
Late Kenyan tycoon Naushad Merali’s family’s stake in Sasini Tea surpasses $30-million mark
With their remarkable gains in the stock market and increased profitability, the Merali family continues strengthening their financial standing.
- Hot News
Nairobi-based firm linked to Kenya’s Merali family sets sights on $6.3 million from land sale
The Merali family, custodians of the late tycoon Naushad Merali’s estate, is the majority shareholder of Sameer Africa.
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While the aggregate consideration remains undisclosed, the Naushad Merali family received a premium above the market price.
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The recent gain solidifies the Merali family’s position as one of the wealthiest families in East Africa.
- Hot News
Family of late Kenyan tycoon Naushad Merali rakes in $2.33 million in single day from Sasini Tea stake
The Merali family is the majority shareholder of Sasini.
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The family of Naushad Merali is the majority shareholder of Sasini.
- Hot News
Kenyatta, Merali and Ndegwa families will receive nearly $8.9 million in dividends from NCBA Group
The family of the late Jomo Kenyatta, Kenya’s prime minister from 1963 to 1964, will receive a dividend of $4.27 million from …
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The gains in her stake can be attributed to buying pressure on the Nairobi Stock Exchange.