With their remarkable gains in the stock market and increased profitability, the Merali family continues strengthening their financial standing.
Naushad Merali
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- Hot News
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.
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While the aggregate consideration remains undisclosed, the Naushad Merali family received a premium above the market price.
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The recent gain solidifies the Merali family’s position as one of the wealthiest families in East Africa.
- Hot News
Family of late Kenyan tycoon Naushad Merali rakes in $2.33 million in single day from Sasini Tea stake
The Merali family is the majority shareholder of Sasini.
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Sasini, controlled by family of late Kenyan tycoon, aims for growth after reaching $10-million profit milestone
The late Kenyan tycoon Naushad Merali’s family owns a 65.46-percent stake in Sasini Tea.
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Sasini, controlled by family of late Kenyan tycoon, invests $6 million in fixed-income securities
The family of late Naushad Merali is the majority shareholder of Sasini Tea.
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The family of Naushad Merali is the majority shareholder of Sasini.
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Led by Kenya’s richest families, NCBA Group plans to spin out M-Shwari, other fintech businesses as separate unit
NCBA Group is partly owned by the super-rich Kenyatta, Merali, and Ndegwa families.
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Led by Kenya’s richest families, NCBA Group plans to launch seven new branches before year’s end
This year alone, the group has launched four branches in Kenya.