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Mwangi credited the growing influence of Equity Group’s subsidiaries, especially the DRC unit, for the overall performance of the group in the first nine months of 2023.
Under the leadership of Mwangi, Equity Group has solidified its position as a dominant force in East and Central Africa.
Muriuki, who sits at the helm of Co-op Bank and ranks as one of Kenya’s leading investors, holds a significant stake of two percent in the leading financial services group.
Muriuki, managing director of Co-op Bank, emphasized the bank’s commitment to sustainable growth, resilience, and agility.
NCBA Group is a Nairobi-based financial services conglomerate partially owned by the Kenyatta family renowned as Kenya’s largest landowners.
Ndegwa, the former chairman of the Capital Markets Authority is a top figure in the Kenyan business scene.
BasiGo aims to revolutionize Kenya’s public transportation sector by providing a cost-effective electric alternative to diesel.
Bamburi Cement, a prominent East African cement firm partly owned by Kenyan industrialist Baloobhai Patel, has settled 60 percent of its tax debt
According to the latest list, well-known Kenyan business figures like John Kimani, James Mwangi and Gideon Muriuki have taken a hit in their wealth so far this year.
Despite this financial setback, Ndegwa remains one of Kenya’s wealthiest investors and stands as one of the country’s most prominent businessmen.
Mwangi, the managing director and CEO of Equity Group, shared details of this ambitious plan during a recent interview in Kenya.
Reel’s leadership has been instrumental in the aggressive expansion of CFAO’s network of branches, dealerships, and authorized service centers across Kenya.
Billionaires.Africa has identified and tracked various companies and assets linked to Rai.
Billionaires.Africa has identified and tracked companies owned by Rai.
Family Bank Limited is a commercial bank headquartered in Nairobi and led by Kenyan banker Rebecca Mbithi.
According to Forbes’ 2013 ranking of Africa’s wealthiest individuals, Shah, the chairman of Bidco Africa, had a net worth of $1.6 billion.