Despite this setback, Ndegwa remains one of Kenya’s wealthiest investors and continues to hold a prominent position among the country’s richest businessmen.
Kenya
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Under the leadership of CEO Priscilla Gathungu, appointed in November 2022, the company has pursued an aggressive expansion strategy.
- East Africa
Kenyan tycoon Baloobhai Patel’s Bamburi Cement expects $2.57 million in savings with solar plants
Patel, a Kenyan multimillionaire and owner of a 4.12-percent stake in Bamburi Cement through his private investment company, Aksaya Investment.
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Through the Aga Khan Fund for Economic Development, Aga Khan IV owns 37.98 percent of Jubilee Holdings and 11.85 percent of its …
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The Merali family, holding a majority 65.46-percent stake in the agribusiness firm valued at more than $23 million, ranks as Sasini’s largest …
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His move comes as shares remain attractively priced on the Nairobi Securities Exchange.
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The Capital Markets Authority (CMA) has summoned top executives, including Kimani and Kakuzi Managing Director Christopher Flower.
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Newton Kagira Mukuha, in his application, argued that certain assets within the estate have not been properly distributed, expressing worries over lack …
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Devki Group Founder and Chairman Narendra Raval announced the completion of the acquisition, expressing enthusiasm about the prospects it holds for both …
- Hot News
Kenyan tycoon John Kimani acquires 8.64 million shares in East Africa’s largest telecom firm
The businessman’s increased stake further solidifies his position as one of the leading investors on the Nairobi Securities Exchange.