NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.
NCBA Group
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The Kenyatta family owns a 13.2-percent stake in NCBA Group.
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Ndegwa owns 4.3 percent of NCBA Group.
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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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The Kenyatta family owns a 13.2-percent stake in NCBA Group.
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The Ndegwa family’s 13.13-percent stake in NCBA Group is worth $54 million.
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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.
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Controlled by Kenya’s richest families, NCBA Group posts $65 million in profit in H1 2022
The double-digit increase in earnings was driven by a significant rise in interest and non-interest income.
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Kenyan banking exec Andrew Ndegwa gains $1.5 million in 43 days from investment in NCBA Group
Ndegwa, an executive director of First Chartered Securities Limited, owns 4.3 percent of NCBA Group.
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The stake is linked to Ngina Kenyatta, Muhoho Kenyatta, and Uhuru Kenyatta, a leading politician who has served as Kenya’s president since …