Aga Khan IV’s AKHS unveils $6-million cancer care center in Tanzania
The Aga Khan Health Services (AKHS) is one of three AKDN agencies with a health focus, alongside the Aga Khan Foundation and the Aga Khan University.
The Aga Khan Health Services (AKHS) is one of three AKDN agencies with a health focus, alongside the Aga Khan Foundation and the Aga Khan University.
Ndegwa remains one of Kenya’s wealthiest investors and continues to hold a significant position among the country’s richest individuals.
Muriuki, Co-op Bank’s CEO and managing director, welcomed the financing, emphasizing the critical need to bolster support for women-owned businesses.
MTN Uganda boasts an impressive 98 percent coverage area, serving a vast majority of the Ugandan population.
The follows a notable surge of Ksh481.15 million ($3.63 million) recorded between March 19 and 29.
NCBA Bank Kenya justified the increase, citing the need to align with prevailing market conditions.
Patel’s latest acquisition reflects a significant year-on-year increase in his Absa holdings. In December 2022, he held 47.57 million shares (0.88-percent stake).
Co-op Trust’s assets have quadrupled since 2014, rising from Ksh52.5 billion ($392.4 million) to Ksh218.38 billion ($1.7 billion) in 2023.
Despite this setback, the Merali family remains one of the wealthiest investors on the NSE and a prominent figure among Kenya’s richest families.
The proposed dividend payout represents a notable increase from the previous dividend of Ksh0.75 ($0.00563) per share, amounting to Ksh272 million ($2 million).
Kenyan entrepreneur, Mbaabu, CEO of MarketForce, cited challenging profit margins and a funding drought as primary reasons behind the decision.
This contrasts sharply with the $6.9-million profit he made between Feb. 14 and March 26 when the value of his I&M Bank Group stake soared from $23.47 million to $30.43 million.
The loan, marking an increase from the previous year’s advances, underscores Co-op Bank’s steadfast support for Kingdom Securities.
Pula’s successful fundraising round underscores the growing recognition of the vital role played by insurtech in bolstering climate resilience for smallholder farmers.
Mwangi, Kenya’s richest banker, holds a 3.38-percent stake in Equity Group. This equates to 127,809,180 ordinary shares.
The news of this substantial credit facility coincides with Narendra Raval’s decision to shift a significant portion of Devki Group’s business accounts to Stanbic Bank Kenya.