Stake of Ugandan pharma tycoon Emmanuel Katongole in CiplaQCIL rises by $200,000 since April 13
The growth in his stake follows a rise in the shares of CiplaQCIL on the Uganda Stock Exchange.
East Africa
Kenyan businessman Benson Wairegi’s stake in Britam Holding gains $545,000
Wairegi is Kenya’s longest-serving CEO of a listed company.
Stake of Mauritian Lagasse family in IBL Limited now worth $130.24 million
The family is known for its role in modernizing industry and commerce in Mauritius.
Equity stake of Mauritian businessman Arnaud Dalais in CIEL Limited gains $4.11 million
The gains in his stake were triggered by a recent surge in the company’s shares.
Indian-Ghanian industrialist Ramchand Udharam Mohinani dies at 87
His family announced that he passed away early morning, June 12.
A blitz interview with Mohammad Al Duaij, a scion of one of Kuwait’s most prominent dynasties
Al Duaij is the CEO of Alea Global Group.
Egyptian electricity mogul Ahmed El Sewedy looks to deepen footprint in Angola
The businessman said his company is now considering launching manufacturing units there.
Stake of late Kenyan tycoon Christopher Kirubi in Centum surged by $2.8 million in two weeks
The gains in his stake can be attributed to the increase in the company’s share price on the Nairobi Stock Exchange.
Storied Kenyan tycoon Chris Kirubi passes away at 80
According to a statement published by the businessman’s family, Kirubi died at his home in Nairobi at 1 pm.
Kenyan media mogul John Kimani’s stake in Kakuzi surges by $1.17 million
The gains are due to the recent rise in the company’s shares on the Nairobi Stock Exchange.
Mombasa-based Babla family sees stake in KCB surge by $3.7 million in 128 days
The uptick in market value follows a rise in the company’s share price on the Nairobi Stock Exchange.
Tanzanian multimillionaire Rajabali brothers to pocket $635,024 CRDB Bank dividend
The brothers are the largest individual shareholders in the bank with an ownership stake of 2.6 percent.
French tycoon Gilles Gobin acquires Ugandan oil and gas firm Kobil and Delta
RUBiS Energy has now officially launched into the Ugandan market.
Kenyan investor John Kimani sees stake in Nation Media Group rise by $333,400
The increase in the value of his shares took place over 23 days.
Turkish security services admit to abducting member of influential Gulen family in Kenya
Salahuddin Gulen has turned up in Turkey after his abduction in May.
Fallen Kenyan mogul Bharat Thakrar sees stakes in WPP Scangroup rise $111,000 in 5 days
Bargain hunters recently drove up the company’s share price.