Jimnah Mbaru loses $4 million in Britam Holdings shares in one year
Mbaru owns a 7.72-percent stake in Britam Holdings.
Mbaru owns a 7.72-percent stake in Britam Holdings.
Mbaru owns a substantial 7.72-percent stake in Britam Holdings.
Britam has classified its 48.2-percent stake in HF Group as held for sale.
Mbaru still remains one of the Nairobi Securities Exchange’s wealthiest investors.
Mbaru owns a significant 7.72-percent stake in Britam Holdings.
Munga is a non-executive director at Britam and a co-founder and former chairman of Equity Group Holdings.
Mbaru owns a significant 7.72-percent stake in Britam Holdings.
Britam Holdings is a leading financial services provider with operations throughout Southern and East Africa.
Wairegi stepped down from Britam’s board on May 28 after serving in the company for more than four decades.
Investors are stepping back from the company as it prepares to publish its financial results for 9M 2021.
Last week, a Mauritian commission of inquiry revealed a suspicious deal concluded by Munga and Mauritian officials.