Kenyan tycoon Peter Munga in $30 billion coal dispute with Chinese investors
The rights to Kitui's Mui Basin coal blocks are the subject of a $30 billion coal dispute between Kenyan tycoon Peter Munga and Chinese investors.
Kenyan tycoon
Kenyan tycoon Gideon Muriuki-led Co-op Bank to pay $45 million interim dividend
Co-op Bank, led by CEO Gideon Muriuki, plans a $45.4 million interim dividend after stronger nine-month earnings and rising assets across its network.
Kenyan tycoon Peter Munga’s wife stops Britam share sale
Kenyan court halts sale of 75 million Britam shares as Peter Munga’s wife claims joint ownership.
Kenyan tycoon Jimnah Mbaru gains $3 million from Britam shares
Kenyan tycoon Jimnah Mbaru gains $3 million as Britam shares surge on Nairobi Securities Exchange.
Kenyan tycoon TK Muya’s Family Bank secures nod to list in 2026
Family Bank, founded by Kenyan tycoon TK Muya, has secured shareholder approval to list on the Nairobi Securities Exchange in 2026.
Kenyan tycoon Narendra Raval's Devki Steel among firms fined $2.2 million
Kenya’s Competition Tribunal has upheld a $2.2 million fine against Narendra Raval’s Devki Steel and six other firms for alleged price-fixing and import restrictions.
CIC Group, backed by Kenyan tycoon Gideon Muriuki, unveils dollar fund giving investors access to global markets
CIC Group, backed by Kenyan tycoon Gideon Muriuki, launches a dollar-based balanced fund to expand access to global investment opportunities.
Kenyan tycoon Peter Munga wins 14-year battle over TransCentury shares
Kenyan tycoon Peter Munga wins court case over a Ksh150 million ($1.2 million) TransCentury share dispute, ending a 14-year legal battle.
How Kenyan billionaire Abu Joho built a port empire—and why the courts are pushing back
Abu Joho’s port empire, built on political ties and logistics power, is under siege as courts, rivals and reforms reshape Kenya’s vital Mombasa trade hub.
Kenyan tycoon TK Muya’s Family Bank plans Nairobi Stock Exchange listing
Kenyan tycoon TK Muya’s Family Bank plans NSE listing as shareholders meet to approve debut after decades of growth.
Kenyan tycoon John Kimani-linked Kakuzi teams up with government to boost agribusiness
Kakuzi, partly owned by tycoon John Kimani, partners with Siaya County to boost avocado and macadamia farming, aiming to lift rural incomes.
Kenyan tycoon Narendra Raval targets 7,610 acres to mine iron ore for steel plant
The application covers 30.8 square kilometers, or about 7,610 acres. Iron ore, which is mainly used to make pig iron, is a key raw material in steel production.
Kenyan tycoon John Kimani’s Kakuzi reports $2.3 million profit in first half, down 15%
Kenyan agribusiness Kakuzi sees weaker profit in H1 2025 despite surging turnover from macadamia and blueberry sales.
CIC Group, partly owned by Kenyan tycoon Gideon Muriuki, posts half-year profit under $5 million
CIC Group reports mixed H1 2025 results as profits fall below $5 million, with strong gains from investments and microinsurance growth.
Kenyan tycoon TK Muya’s Family Bank plans $48 million capital raise
Family Bank targets $48 million private placement to fund regional expansion and strengthen capital after strong H1 profits.
Kenyan tycoon Narendra Raval faces tax blow as cement empire comes under fire
Auditor-General Nancy Gathungu has warned that granting tax waivers without a proper legal basis could open the floodgates to abuse.