Britam, partly owned by Kenyan magnates, taps Airtel to expand insurance reach
Leading Kenyan billionaires such as Mbaru, Munga, and Mwangi hold significant stakes within the conglomerate.
Kenyan billionaires
Wealthy Kenyan Ndegwa family gains $3.1 million from stake in NCBA Group
The Ndegwa family owns 12.52 percent of NCBA Group, which is worth more than $45 million.
Kenyan industrialist Baloobhai Patel buys additional $647,200 stake in Co-operative Bank
The new shares represent a significant increase in his portfolio.
Kenyan banking tycoon Andrew Ndegwa gains $2.1 million in 36 days as NCBA shares soar
Ndegwa owns 4.3 percent of NCBA Group, or 70,909,968 ordinary shares.
Kenyan tycoon Jimnah Mbaru loses over $1.35 million in 95 days as Britam shares fall 10 percent
Mbaru owns a significant 7.72-percent stake in Britam Holdings.
James Mwangi-led Equity Group mobilizes $4.6 billion to support MSMEs in East and Central Africa
Equity Group is listed on the Nairobi Securities Exchange and holds over $8.92 billion in assets.
Wealthy Mukuha family of Kenya in bitter feud over stake in Naivas supermarket chain
Founded by the late Kenyan businessman Peter Mukuha Kago, Naivas Supermarket is Kenya’s largest supermarket chain.
Kenyan sugar baron Jaswant Rai taken to court by brothers over inheritance
The two brothers object to the will and believe their father could have been coerced into crafting the document.
Centum, controlled by family of late tycoon Chris Kirubi, kicks off new dividend policy
Centum is a leading East African investment company with investments in real estate and private-equity assets.
Kenyan tycoon Suresh Bhagwanji Shah’s I&M Group profit surges by 70 percent above $51 million in 9M 2021
I&M Holdings, or I&M Group, is the Kenya-based non-operating holding for I&M Bank Limited.
Kenyan steel tycoon Narendra Raval makes bid to rescue struggling sugar company
Founded in 1971, Mumias Sugar was once the largest sugar manufacturer in Kenya.