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.
NCBA Group
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The $50-million loan from Proparco represents a significant milestone for NCBA Group as it continues to drive sustainable economic growth and support …
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Ndegwa, a director on the board of NCBA Group, holds a commanding 4.63-percent stake in the leading lender, translating to 76,336,855 ordinary …
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Ndegwa holds a sizable 4.63-percent stake in the leading lender, translating to 76,336,855 ordinary shares.
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This recent surge solidifies Ndegwa’s position as one of Kenya’s wealthiest investors.
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NCBA Group is a Nairobi-based financial services conglomerate partially owned by the Kenyatta family renowned as Kenya’s largest landowners.
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Ndegwa, the former chairman of the Capital Markets Authority is a top figure in the Kenyan business scene.
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NCBA Group counts some of Kenya’s richest families among its shareholders, including the Kenyatta, Merali, and Ndegwa families.
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The Ndegwa family’s latest endeavors build upon their previous strategic investments in the Kenyan financial sector.
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Apart from his executive and governance roles, Gachora owns a minority 0.14-percent stake in the leading financial group.