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Centum RE is a prominent property developer linked to Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire.
The $1.45-million increase solidifies Shah’s position as one of the richest investors on the Nairobi Securities Exchange.
Following his passing in 2021, Chris Kirubi’s son, Robert Kirubi, and daughter, Mary-Ann Musangi, inherited 80 percent of his vast fortune.
Muriuki, the managing director of Co-op Bank, said the facility will empower to fulfil the financing requirements of MSMEs.
Centum RE is a property developer linked to Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire.
Equity Group is a leading East and Central Africa financial services conglomerate.
The $1-million drop in Muriuki’s stake can be attributed to a nearly 10-percent decline in Co-op Bank Group’s shares.
Under Mwangi, Equity Group has played a key role in the growth and transformation of Kenya’s financial services industry.
Patel, who is known for his investments in various sectors, holds a significant stake in Absa Bank Kenya.
This will enable Nuru, under the leadership of Shaw, to undertake ambitious new projects.
Among the beneficiaries of this remarkable dividend payout, John Kimani, one of Kenya’s wealthiest investors, will receive $83,300.
Shah holds a beneficial stake of 10.98 percent, consolidating his position as a major stakeholder in the company.
Karauri emphasized that SportPesa is committed to the long-term development of rugby in Kenya.
Patel’s stake in Absa Bank Kenya has risen from 42.5 million shares to 47.5 million shares.
With their remarkable gains in the stock market and increased profitability, the Merali family continues strengthening their financial standing.
Centum Investment Plc is controlled by Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire