Tag: Naushad Merali

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Kenya’s Merali family faces $6 million blow in 2023 from Sasini Tea stake

With a 65.46-percent stake, Kenya's Merali family holds the largest share in Sasini Tea.

Late Kenyan tycoon Naushad Merali’s family’s stake in Sasini Tea surpasses $30-million mark

With their remarkable gains in the stock market and increased profitability, the Merali family continues strengthening their financial standing.

Nairobi-based firm linked to Kenya’s Merali family sets sights on $6.3 million from land sale

The Merali family, custodians of the late tycoon Naushad Merali's estate, is the majority shareholder of Sameer Africa.

Kenya’s Merali family sells 35-percent stake in Nairobi-based batteries distributor

While the aggregate consideration remains undisclosed, the Naushad Merali family received a premium above the market price.

Kenya’s Merali family rakes in $5.4 million from stake in Sasini Tea

The recent gain solidifies the Merali family's position as one of the wealthiest families in East Africa.


South African banker Alan Pullinger’s salary at FirstRand amounts to $2.7 million in 2023

Pullinger’s ascent to the CEO role in 2018 came after three years as deputy CEO of FirstRand, a position he assumed in October 2015.

Khaby Lame emerges as one of 2023’s top earners, amassing $16.5 million

Lame's claim to fame revolves around his unique comedy skits that humorously debunk overly complex “life hacks” entirely without uttering a word.

4 companies owned by Kendrick Lamar

Beyond his groundbreaking contributions to the music industry, Lamar subtly and strategically diversifies his financial portfolio.

Greek multimillionaire John Coumantaros gains $10.5 million from Flour mills stake

Coumantaros ranked as one of the richest investors on the Nigerian Exchange, owns a 63.34-percent stake in Flour Mills.