As a director on the board of the financial services giant, Ndegwa holds a significant 4.3-percent stake in NCBA Group.
NCBA Group
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- East Africa
Kenyattas, Kenya’s leading landowners, rake in $9.8 million in three weeks from NCBA stake
The Kenyatta family owns an impressive 13.2-percent stake in NCBA Group, or 217,497,023 ordinary shares.
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The Ndegwa family has strengthens its position in NCBA Group.
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The Kenyatta family’s equity holdings in NCBA Group see a $11.26-million decline as stock market volatility persists.
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Ndegwa owns 4.3 percent of NCBA Group.
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NCBA Group is partially owned by some of Kenya’s richest families.
- Hot News
Led by Kenya’s richest families, NCBA Group beats profit expectations, rakes in over $100 million
NCBA Group is a financial services conglomerate controlled by some of Kenya’s wealthiest families.
- Hot News
Kenyan businessman Andrew Ndegwa loses nearly $2.4 million in two months from stake in NCBA
Ndegwa owns 4.3 percent of NCBA Group, making him one of the bank’s most significant shareholders.
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NCBA’s loan to Grit now represents more than 2.27 percent of the real estate company’s overall debt.
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NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.