Tag: Nairobi Securities Exchange

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7 companies owned by Baloobhai Patel, one of Kenya’s richest investors

In a bid to ensure a strong legacy for his family's wealth and investments, Patel has initiated a comprehensive restructuring process to consolidate his equity positions.

Aga Khan IV’s stake in Nairobi-based media group NMG skyrockets by $2.8 million

The bump in the market value of Aga Khan IV's stake in NMG reflects investors' growing confidence and interest in the Kenyan equity market.

Kenyan banking magnate Gideon Muriuki’s stake in Co-op Bank is now worth $11 million

Muriuki ranks among the wealthiest investors on the Nairobi Securities Exchange.

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.

Kenyan tycoon James Mwangi gains $7.28 million in 18 days from stake in Equity Group

Mwangi owns a significant 3.38-percent stake in Equity Group.


South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake

Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.

Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway

Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.