This move, aimed at shoring up the unit’s liquidity, brings Britam’s total cash injection into the fund to Ksh6.9 billion ($53.1 million) …
Peter Munga
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Key shareholders, including prominent Kenyan business figures like Mbaru, Munga, Mwangi, and Michuki, lend further credence to the company’s standing.
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This marks the latest chapter in Munga’s ongoing struggle with debt, which has seen him narrowly escape property auctions in the past.
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Munga owns a significant stake in Britam Holdings, with 72 million shares, making him one of its largest shareholders.
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Munga holds a substantial 72 million shares in Britam Holdings.
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Munga owns 72 million Britam shares.
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Controlled by Kenya’s richest men, Britam Holdings completes sale of $121-million stake in Equity Group
Munga is a non-executive director at Britam and a co-founder and former chairman of Equity Group Holdings.
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Controlled by Kenya’s richest men, Britam now set to divest 4.2 percent of its Equity Group shares to IFC
Britam Holdings is a diversified financial services provider with a presence in Southern and East Africa.
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Britam Holdings is a leading regional insurer with a diversified financial services portfolio.
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Kenya summons Britam Holdings directors over irregularities in Peter Munga deal
by Ishioma Emiby Ishioma EmiLast week, a Mauritian commission of inquiry revealed a suspicious deal concluded by Munga and Mauritian officials.