The leading retailer, which is majority-owned by the Kenyan Mukuha family, has also announced plans to add two more units by the …
Naivas International
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The KRA’s demand is linked to a 31.5-percent stake sale in Naivas International in 2020 by members of the Mukuha family.
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Naivas International was established in 1990 by the late Kenyan tycoon Peter Mukuha Kago.
- East Africa
Firm tied to Mauritian Lagesse family poised to become majority shareholder in Naivas, Kenya’s largest retailer
Mambo Retail is an investment vehicle linked to IBL Group, a prominent Mauritius conglomerate led by Mauritian tycoon Arnaud Lagesse.
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Once the deal is finalized, it will mark the third time the super-rich Mukuha family has divested part of their stake in …
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Arnaud Lagesse, alongside his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, holds a 16.8-percent joint stake in IBL.
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The leadership of the Mukuha family has played a pivotal role in the company’s growth.