Kenya's wealthy Merali family acquires stake in pharmaceutical glass plant
The family of the late Naushad Merali is taking half of a pharmaceutical glass plant at Mombasa's Dongo Kundu economic zone.
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The family of the late Naushad Merali is taking half of a pharmaceutical glass plant at Mombasa's Dongo Kundu economic zone.
DP World is putting more than $100m into a 535-acre industrial zone at Jomvu with Suleiman Shahbal's GulfCap. At the signing, President Ruto used the podium to tell Shahbal to abandon his bid for Mombasa governor.
A Kenyan court has barred billionaire Mohamed Jaffer's oil company AGOL from new construction at its Mombasa terminal over alleged destruction of a protected mangrove forest.
Kiprono Kittony has stepped down as Radio Africa Group chairman after 25 years, with the Kenyan businessman set to take over as Kenya Airways board chair.
Kenyan billionaire John Kibunga Kimani's Sh205 million land sale dispute has escalated to Kenya's Supreme Court after years of lower court litigation over a contested property transaction.
Chirchir stated that no Chivayo-linked company bid for the JKIA contract, naming China Road and Bridge Corporation as the signatory.
Joshua Chepkwony's East Africa Device Assembly Kenya has assembled 700,000 locally manufactured digital devices in a year as Kenya accelerates its shift to 4G and 5G.
Kenyan industrialist Manu Chandaria has signed an agreement with the Kenya School of Government to build a regional leadership and governance centre honouring the late Raila Odinga.
Kenya's High Court has ordered billionaire Mary Wambui to deposit KES 100 million ($775,000) within seven days or Equity Bank will auction her KES 9.5 billion Glee Hotel.
Kenyan billionaire Humphrey Kariuki used a major Monaco ocean forum to call for scaled investment in Africa's Great Blue Wall marine conservation initiative.
Nairobi tycoon Chris Obure is suing for Sh7.6 billion after auctioneers evicted his firm from Senteu Plaza and gold bars vanished during a May 2025 raid.
Company records show Joshua Kulei is a beneficial owner of Liaison Capital, the firm behind Kenya's Sh42 billion Talanta Sports City and Sh415 billion military housing programme.
Co-op Bank posted a record first-quarter profit of Ksh11.37 billion and confirmed its South Sudan subsidiary turned a quarterly profit for the first time.
Equity Group CEO James Mwangi warned at the IMF Spring Meetings that Africa faces a serious food and economic crisis within 3 years as converging shocks bite.
Kenya's Court of Appeal has overturned an order requiring billionaire John Kibunga Kimani's Rural Development Services to complete a Sh205 million land sale in Makuyu.
Balmer Healthcare and India's Apollo Hospitals plan a Sh26 billion tertiary hospital in Eldoret aimed at keeping Kenyans from going abroad for specialist treatment.