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Kenyan court spares Ronald Karauri’s SportPesa from state asset seizure

East Africa Ishioma Emi -
SportPesa and its owners will not face asset seizures, bank account freezes, or travel bans.

Liquor mogul Tabitha Karanja’s Keroche Breweries ready to accept legal decision in war with EABL

East Africa Editorial Team -
Keroche is a strong competitor for the British-controlled EABL, holding a 29-percent share of Kenya's alcoholic beverage market.

Tabitha Karanja tells Kenya Revenue Authority it could earn $92.7 million in annual revenue from Keroche Breweries

Horn of Africa Editorial Team -
Kenyan tycoon and CEO of Keroche Breweries Tabitha Karanja has revealed that a new expansion strategy could see the Kenya Revenue Authority generate over Ksh1 billion ($92.7 million) annually.

Kenyan authorities seek to prosecute Humphrey Kariuki for tax evasion

Horn of Africa Editorial Team -
The Kenya Revenue Authority is investigating embattled businessman Humphrey Kariuki for tax evasion.

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Ahmed El-Sewedy’s ed-tech firm prepares to launch educational institution in Egypt

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Under El-Sewedy's leadership, the group’s ed-tech firm aims to establish universities that adopt innovative educational approaches.

Kenyan tycoon Baloobhai Patel transfers $1.62-million stake in Sanlam Kenya to Aksaya

East Africa 0
This comes shortly after Patel transferred his 4.12-percent stake in Bamburi Cement to Aksaya, his private investment office.

Nigerian billionaire TY Danjuma earns $500,000 dividend from pharma company

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TY Danjuma holds a 43.28 percent stake in May & Baker Plc, the oldest pharmaceutical company on the Nigerian Stock Exchange.

Nigerian billionaire Mike Adenuga’s stake in Conoil soars by $59.7 million

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Adenuga holds a majority 74.4-percent stake in the company, solidifying his position as a leading investor on the Nigerian Exchange.

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Swazi billionaire Natie Kirsh hit hard as year-to-date wealth losses surpass $170 million

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Kirsh's stake in Jetro Holdings is worth $4.76 billion, accounting for the majority of his $7.28-billion fortune.

Ahmed El-Sewedy’s ed-tech firm prepares to launch educational institution in Egypt

Hot News 0
Under El-Sewedy's leadership, the group’s ed-tech firm aims to establish universities that adopt innovative educational approaches.

Kenyan tycoon Baloobhai Patel transfers $1.62-million stake in Sanlam Kenya to Aksaya

East Africa 0
This comes shortly after Patel transferred his 4.12-percent stake in Bamburi Cement to Aksaya, his private investment office.

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