NCBA’s board of directors recently recommended a final dividend of Ksh3 per share, bringing the full-year payout to Ksh4.75 (0.04) per share.
Naushad Merali
-
-
The multimillionaire Merali family holds a controlling stake of 65.46 percent in Sasini Tea, representing 168,856,800 ordinary shares in the group, presently …
-
This surge solidifies the Merali family’s position as prominent investors on the Nairobi Securities Exchange, with their extensive investments establishing them among …
-
Boasting a majority 65.46-percent stake in the company, the Merali family has long been regarded as one of the wealthiest families in …
-
The Merali family has seen the market value of their shares in Sasini drop by Ksh462.95 million ($3.15 million) in the past …
- East Africa
Firm owned by Kenya’s Merali family to settle debts with $6.3-million land sale proceeds
The Merali family, overseeing the estate of the late tycoon Naushad Merali, commands a 74-percent stake in Sameer Africa.
-
Despite the recent downturn in Sasini’s share price, the Kenyan Merali family remains one of the wealthiest families in the country.
-
Billionaires.Africa has identified and monitored five prominent companies held by the Kenyan Merali family.
-
With a 65.46-percent stake, Kenya’s Merali family holds the largest share in Sasini Tea.
- East Africa
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.