Kenyan tycoon Baloobhai Patel’s Carbacid smashes expectations with $3.2-million profit in 2022
Patel owns a 49.9-percent stake in Carbacid Investments Limited.
Baloobhai Patel
Bank linked to Kenyan businessman, Baloobhai Patel to pay couple $1.9 million for fraudulent shares sale
Patel owns one percent of Absa Bank Kenya, a subsidiary of Absa Group Limited of South Africa.
Kenyan tycoon Baloobhai Patel finds loophole to avoid paying tax on Carbacid stake
Patel is a leading Kenyan tycoon and serial investor.
Kenyan mogul Baloobhai Patel to restructure holdings in NSE-listed companies
The successful businessman also has stakes in Williamson Tea Kenya, Diamond Trust Bank Group, and Safaricom.
Kenyan industrialist Baloobhai Patel buys additional $647,200 stake in Co-operative Bank
The new shares represent a significant increase in his portfolio.
Kenyan industrialist Baloobhai Patel acquires $2.5-million stake in Bamburi Cement
Patel also owns stakes in Carbacid, Absa Bank Kenya, Co-operative Bank and Safaricom.
Court vacancies hamper Kenyan tycoon Baloobhai Patel’s $10.6-million acquisition deal via Carbacid Investments
Patel owns a 49.9-percent stake in Carbacid.
Carbacid Investments looks to acquire Kenyan tycoon Ngugi Kiuna’s BOC Kenya
Due to legal and regulatory roadblocks, the finalization of the deal has now dragged on for more than one year.
Kenyan tycoon Baloobhai Patel now owns 49.9-percent stake in Carbacid Investments
Carbacid Investments is an investment holding with interests in carbon dioxide gas production processing and marketing.
Kenyan businessman Baloobhai Patel earns $424,600 from stake in Absa Bank Kenya in 84 days
Absa Bank Kenya is a leading bank in Kenya and an operating subsidiary of Absa Group Limited.