Kenyan billionaire James Mwangi’s stake in East Africa’s largest bank now worth $49 million
Kenyan billionaire Mwangi owns a sizable 3.38-percent stake in Equity Group.
Kenyan businessman
Mukuha family-linked retailer Naivas to open four new branches in Kenya
Naivas Supermarket is Kenya’s largest supermarket chain.
James Mwangi’s Equity Group proposes plan to support 5 million small businesses
Mwangi owns 3.38 percent of the financial services group.
Kenyan banking magnate Jimnah Mbaru entangled in child support dispute with 24-year-old
Mbaru is one of Kenya’s wealthiest businessmen.
Kenyan businessman Andrew Ndegwa gains $3.6 million from stake in NCBA Group
Ndegwa owns 4.3 percent of NCBA Group.
Nairobi-based entrepreneur Jit Bhattacharya-led BasiGo partners with KCB to drive adoption of electric buses
Bhattacharya and his friend Jonathan Green founded BasiGo in 2021.
Kenyan businessman John Kimani’s stake in Kakuzi now worth more than $22 million
Kimani owns 34.54 percent of Kakuzi.
Kenyan exec Rohan Patel has lost $1.2 million in five months on Nairobi Stock Exchange
Patel owns a significant 20.7-percent stake in the Kenyan insurer.
Kenyan businessman John Kimani acquires additional $1.7-million stake in Centum
Aside from his ownership interest in Centum, Kimani controls 32.3 percent of Kakuzi and 2.99 percent of Nation Media Group.
Kenyan mogul Manu Chandaria regains control of Kaluworks as banks write off $55-million debt
Kaluworks is a manufacturing firm and a subsidiary of Chandaria’s main company, Comcraft Group.
Kenyan businessman James Mwangi gains $9.9 million in less than two months as Equity shares rebound
Mwangi’s 3.38-percent stake has now risen in value to $51.71 million.
Kenyatta family-linked NCBA unveils $16.8-million EV financing as demand for battery-powered cars soars
NCBA Group is a Nairobi-based financial services conglomerate with subsidiaries in Tanzania, Rwanda, Uganda, and Cote d’Ivoire.
Kenyan banking magnate Jimnah Mbaru loses $2.4 million from investment in Britam
Mbaru still remains one of the Nairobi Securities Exchange’s wealthiest investors.
South African-born Kenyan businessman Michael Joseph prolongs term as KQ chairman
Joseph was appointed chairman of KQ in October 2016.
Kenya’s CMA forces CVC Capital Partners to buy out Kenyan mogul Joe Wanjui’s stake in Limuru Tea
The move coincides with efforts to resolve litigation that has clouded Limuru Tea’s future.
Kenyan beer tycoon Ngugi Kiuna ups stake in gas manufacturer, BOC Kenya
The acquisition solidifies Kiuna’s position in BOC Kenya as one of the company’s leading shareholders.