Kenyan tycoon Suresh Bhagwanji Shah’s I&M pockets $3.4 million in dividends from Mauritius-based subsidiary
Since its founding in 1974, I&M has grown into one of the leading financial services groups in East Africa.
Kenyan businessman
Kenyan businessman John Kimani-linked Kakuzi posts $6.4 million in profit in 2022
Kimani holds a substantial interest in Kakuzi, amounting to 34.54 percent, or 6,762,133 shares.
Kenyan businessman Baloobhai Patel acquires additional $1.38-million stake in Co-op Bank
Patel has solidified his position as a major player in the Kenyan financial sector with his latest acquisition.
Kenyan tycoon Gideon Muriuki-linked insurance firm CIC Group reaches record profits of $8 million in 2022
Muriuki is expected to receive $136,800 from his stake in CIC Insurance Group.
One of Kenya’s richest businessmen, James Mwangi loses $6.3 million as foreign investors dump Kenyan shares
Mwangi holds a substantial 3.38 percent stake in Equity Group.
Kenya’s Moi family secures license to supply electricity from multimillion-dollar power plant
Kenya’s Moi family ranks second as the country’s largest landowner.
Kenyan banker Gideon Muriuki’s Co-op Bank records nearly $170 million in profit in 2022
Co-operative Bank Group is a Nairobi-based financial services group.
Meet Paul Kimani, Kenyan entrepreneur whose HR startup processes over $200 million in payroll value annually
Success for Kimani means paving the way for the next generation of African entrepreneurs.
Centum, controlled by heirs of late Kenyan tycoon Chris Kirubi, settles $17.8-million debt
Centum Investments is partly owned by Robert Kirubi and Mary-Ann Musangi, heirs to the late Chris Kirubi’s multimillion-dollar business empire.
Kenyan tycoon Baloobhai Patel’s Carbacid smashes expectations with $3.2-million profit in 2022
Patel owns a 49.9-percent stake in Carbacid Investments Limited.
Kenyan businessman Paul Ndung’u lists prime Nairobi property for sale
Ndung’u is a prominent Kenyan businessman and shareholder in Pevans East Africa.
Kenyan businessman Andrew Ndegwa loses nearly $2.4 million in two months from stake in NCBA
Ndegwa owns 4.3 percent of NCBA Group, making him one of the bank’s most significant shareholders.
Kenyan tycoon Chris Kirubi’s heirs gain $1.4 million from stake in investment firm, Centum
After Kirubi’s passing, his son and daughter inherited 80 percent of his fortune.
Kenyan president taps steel tycoon Narendra Raval to lead national lottery taskforce
Raval was reported to have a net worth of $400 million in 2015.
Kenyan businessman Paul Ndung’u challenges expulsion from Sportpesa
The move follows a special resolution by Sportpesa CEO Ronald Karauri and other key stakeholders at Pevans East Africa.
Kenyan sugar mogul Jaswant Rai takes on Kakuzi’s dominance with entry into avocado farming
Rai ranks as one of Kenya’s richest businessmen.