Kenyan banker Gideon Muriuki suffers $7.3-million loss in 12 days
Muriuki owns a significant two percent stake in Co-op Bank Group. This translates to 117,471,300 shares in the Nairobi-based lender.
Kenya
Lender linked to Kenya’s richest families to raise interest rates for second time
NCBA Group counts some of Kenya’s richest families among its shareholders, including the Kenyatta, Merali, and Ndegwa families.
Aga Khan IV takes $2.5-million hit from stake in Nairobi-based insurer Jubilee
Shah Karim al-Husayni, also known as Aga Khan IV, is best known for founding Nation Media Group, East Africa’s largest independent media organization.
7 companies owned by Kenyan tycoon Adil Popat
Following in his legendary father Abdul Karim Popat’s footsteps, Adil Popat has risen to become one of Kenya’s wealthiest and most influential business figures.
Adil Popat: Kenyan billionaire reshaping billion-dollar Simba Corp
Rather than simply inheriting wealth, Popat has multiplied it, transforming the billion-dollar empire known as the Simba Corp.
Kenyan tycoon James Mwangi’s takes $1.4-million hit from Equity Group stake
Equity Group has become a dominant force in East and Central Africa under the leadership of Mwangi, who owns 3.38 percent of the group.
Kenyan billionaire Peter Njonjo’s agri-tech firm battles liquidation attempt
Twiga Foods, founded in 2013 by Njonjo and Grant Brooke, has been at the forefront of transforming Kenya’s agricultural sector.
7 companies owned by Kenya’s second-largest landowner, Moi family
Unofficial estimates suggest the Moi family’s wealth surpasses $3 billion, attesting to their substantial financial resources.
Kenyan tycoon Peter Njonjo’s Twiga thwarts liquidation attempt over debt dispute
Twiga Foods is a Nairobi-based agri-tech startup co-founded by Njonjo.
Kenyan exec Peter Ndegwa earns $2.1-million salary from Safaricom in 2023
Ndegwa, a seasoned executive with nearly three decades of experience has played a pivotal role in Safaricom’s recent success.
Gideon Muriuki-led Co-op Bank becomes Kenya’s second-most valuable lender
Under the leadership of Muriuki, who serves as the bank’s CEO, Co-op Bank has solidified its position as a key player in the market.
U.S. group to earn $13.5 million in deal with Kenyatta family-linked lender, NCBA
Through their late patriarch’s estate, the Kenyatta family maintains a significant 13.2-percent stake in NCBA Group, equivalent to 217,497,023 ordinary shares.
7 assets owned by Kenya’s largest landholders, Kenyatta family
Billionaires.Africa has identified and monitored seven prominent assets owned by the Kenyatta family.
Kenyan banker John Gachora earns $1-million salary from NCBA Group in 2022
Apart from his executive and governance roles, Gachora owns a minority 0.14-percent stake in the leading financial group.
Kenyan tycoon Julius Mwale to build multimillion-dollar medical city in Ghana
This development was unveiled following a meeting between Mwale and Ghanaian President Nana Akufo-Addo.
Kenyan banker Suresh Bhagwanji Shah to build $22-million hospital in Nairobi
Shah is a top figure in Kenya’s banking industry. He is renowned for founding I&M Group.