
South African-born Kenyan businessman Michael Joseph prolongs term as KQ chairman
Joseph was appointed chairman of KQ in October 2016.
Joseph was appointed chairman of KQ in October 2016.
The move coincides with efforts to resolve litigation that has clouded Limuru Tea’s future.
The acquisition solidifies Kiuna’s position in BOC Kenya as one of the company’s leading shareholders.
Mwangi’s loss comes on the heels of a reduced appetite for emerging market shares.
The move comes nearly two years after the SportPesa brand was relaunched.
Wanjui derives his wealth from a diversified investment portfolio.
Mbaru owns a significant 7.72-percent stake in Britam Holdings.
Mwale is a principal investor in Mwale Medical and Technology City.
Muriuki owns a two-percent stake in the group.
Shah built I&M Group into East Africa’s leading commercial banking organization.
The new shares represent a significant increase in his portfolio.
CRDB Bank is the largest commercial bank in Tanzania.
Kimani owns a 32.3-percent stake in Kenyan agricultural company.
The dividend will be paid from the group’s retained earnings of $741.9 million at the end of 2021.
Patel owns a significant 20.7-percent stake in the Kenyan insurer.
Patel also owns stakes in Carbacid, Absa Bank Kenya, Co-operative Bank and Safaricom.