Kenyan tycoon Ngugi Kiuna bolsters stake in BOC Kenya to counter takeover attempt
According to the report, Kiuna purchased an additional 93,826 shares in BOC Kenya, amounting to a value of Ksh7.2 million ($63,400).
Kenyan businessman
Bank led by Kenyan tycoon Gideon Muriuki secures $100-million loan to empower small businesses in Kenya
Muriuki, the managing director of Co-op Bank, said the facility will empower to fulfil the financing requirements of MSMEs.
Kenyan businessman John Kimani earns nearly $1.6 million from Kakuzi shares
Kimani owns 34.54 percent of Kakuzi, or 6,762,133 ordinary shares, in the agricultural cultivation and manufacturing company.
Kenyan mogul Myke Rabar’s Homeboyz to divest 30-percent stake
Established in 1995 as a DJ outfit by Rabar, Homeboyz has become a prominent player in the entertainment scene in Kenya.
James Mwangi’s Equity Group set to acquire Rwandan bank for $48.2 million
Under the leadership of James Mwangi, who owns a 3.38-percent stake in the company, Equity Group saw a 15 percent increase in profit in 2022
Kenyan tycoon James Mwangi’s Equity Group loses $8.34-million tax dispute against KRA
Equity Bank Kenya is the Kenyan banking unit of Equity Group Holdings, a financial services groupi.
Kenyan business mogul Peter Munga loses $1 million as Britam’s share price plummets
Munga holds a substantial 72 million shares in Britam Holdings.
James Mwangi powers Equity Group to robust Q1 profits, exceeding $90 million
Equity Group Holdings reports impressive Q1 profits of $90 million.
Kenyan manufacturing firm linked to 93-year-old tycoon loses $5.3-million tax dispute
The recent ruling means that Kaluworks must pay the demanded amounts for corporate tax and VAT.
James Mwangi’s Equity Group unveils plan to open 300 clinics across Kenya
The initiative is aimed at enhancing accessibility and affordability in the country’s healthcare sector.
Kenyan tycoon Benson Wairegi loses $2.6 million in eight months
Wairegi owns a beneficial 4.02-percent stake in the Kenyan investment holding.
Kenyan tycoon Peter Munga takes $1.46-million hit from stake in Britam
Munga owns 72 million Britam shares.
Former SportPesa chair Paul Ndung’u faces jail time for contempt of court
Aside from his ownership interest in the SportPesa brand, Ndung’u owns a significant stake in Life Care Medics.
James Mwangi’s Equity Group creates more than 500 jobs in regional expansion drive
As the CEO and a significant shareholder in Equity Group, Mwangi has helped the lender expand operations beyond Kenya.
Kenyan businessman Andrew Ndegwa gains $3 million in 26 days
Ndegwa owns 4.3 percent of NCBA Group.
James Mwangi’s Equity Group invests $76.7 million in Congo unit
By increasing its investment in DR Congo, the Mwangi-led group aims to solidify its position as a key player in the region.