Kenyan tycoon Narendra Raval’s Devki Group accelerates production to meet surging demand
Raval, the chairman of Devki Group, attributed the surge in orders to competitive pricing and innovative production methods.
Kenyan tycoon
Kenyan tycoon Narendra Raval secures victory in billion-dollar cement industry lawsuit
Kenyan tycoon Narendra Raval secures victory in billion-dollar cement industry lawsuit.
Kenyan tycoon Jimnah Mbaru’s firm claims resounding win in $3.3-million legal battle
Dyer & Blair, owned by Mbaru, has emerged triumphant in a $3.3-million legal battle against former KCB Director John Kung’u Kiarie.
Kenyan entrepreneur Peter Njonjo’s Twiga Foods fires 130 sales agents
According to Peter Njonjo, the decision to part ways with the agents was made to ensure the company’s continued growth and success.
Britam, owned by Kenya’s richest investors, absorbs losses with $45.2-million payment
Britam Holdings is a prominent diversified financial services conglomerate partly owned by Kenya’s richest investors.
Kenyan tycoon John Kimani gains $3.7 million in 45 days
Kimani, known for his diverse investment portfolio, owns a 34.54-percent stake, equivalent to 6,762,133 shares, in Kakuzi.
Kenyan tycoon Julius Mwale’s $2-billion smart city project expands to Botswana
The expansion of MMTC to Botswana underscores Mwale’s dedication to fostering innovation and sustainable development across Africa.
Kenyan tycoon Suresh Bhagwanji Shah’s I&M Bank bolsters Ugandan unit with $5.92-million investment
I&M Bank Group is a prominent financial services conglomerate founded by Shah.
Kenyan tycoon Narendra Raval’s cement company signs $200-million export deal
Under Raval, the chairman of Devki Group, Simba Cement has been actively pursuing strategic growth initiatives.
Kenyan tycoon Narendra Raval’s Devki Group to build cement plant
Raval founded Devki Group in Nairobi in 1986 as a small steel-processing and trade enterprise.
Chris Kirubi’s heirs suffer $1.44-million loss from stake in Kenya’s largest listed investment firm
The heirs of late Kenyan billionaire Chris Kirubi experience a significant decline in Centum Investment’s stake.
Paul Ndung’u loses court battle to stop $4.8-million auction
The case was brought against Ndung’u by Equity Bank.
Baloobhai Patel-linked Bamburi Cement sees profit dip below $2 million
In 2022, Patel acquired an additional 7.9 million shares worth $2.52 million in Bamburi Cement.
Kenyan tycoon Peter Munga takes $1.46-million hit from stake in Britam
Munga owns 72 million Britam shares.
Kenyan tycoon John Kimani takes $3.2-million hit from Kakuzi stake
Despite the decrease in his stake, Kimani remains one of the richest investors on the Nairobi Securities Exchange.
James Mwangi’s Equity Group acquires $86-million stake in DRC unit
Mwangi has played a pivotal role in the lender’s expansion beyond Kenya.
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