No dividend for Kenyan Merali family as Sasini posts highest profit in seven years
The family of Naushad Merali is the majority shareholder of Sasini.
Kenyan businessman
Bank linked to Kenyan businessman, Baloobhai Patel to pay couple $1.9 million for fraudulent shares sale
Patel owns one percent of Absa Bank Kenya, a subsidiary of Absa Group Limited of South Africa.
Tribunal denies investors $4.1 million in lawsuit linked to retail chain led by Kenyan tycoon, Atul Shah
Nakumatt Holdings started facing serious financial difficulties in 2016.
Kenyan multimillionaire banker James Mwangi sees $10.2-million loss in Equity Group stake
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Kenyan banking magnate Gideon Muriuki gains $1.4 million in six months
Muriuki derives the majority of his wealth from his two-percent stake in Co-operative Bank Group.
Kenyan tycoon Julius Mwale discusses investing with 19 African presidents
He is also in talks with Senegal to build Africa’s longest bridge.
Centum, controlled by family of late tycoon Chris Kirubi, prepares to repay dollar-denominated loans
Kirubi passed away last year.
Kenyan businessman James Mwangi’s Equity, NCBA fight over $1.3-million property in Nairobi
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Late Kenyan businessman Chris Kirubi’s stake in Centum now worth $13.5 million
Following the demise of Chris Kirubi, his son Robert Kirubi and daughter Mary-Ann Musangi received 80 percent of his fortune.
James Mwangi-led Equity Group to pay KRA $91.6 million as corporate taxes in 9M 2022
Equity Group is the largest financial services conglomerate in East Africa.
Kenyan tycoon banker James Mwangi’s Equity rolls out risk-based lending
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Kenyan businessman James Mwangi’s Equity targets traders with $2.1-billion fund
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Kenyan tycoon Narendra Raval’s Devki Group opens $240-million steel factory
Raval founded Devki Group with his wife in Nairobi in 1986 as a small steel-processing company.
Kenyan businessman James Mwangi’s Equity posts $281 million in profit in 9M 2022
Mwangi owns a 3.38-percent stake in Equity Group.
Kenyan businessman John Kimani loses $1.6 million in single day from Kakuzi
Kimani controls a 34.54-percent stake in Kakuzi.
Kenyan entrepreneur Peter Njonjo’s Twiga Foods fires staff, cuts allowances
Njonjo and Grant Brooke founded Twiga Foods in 2013.