Kenya’s wealthy Kinuthia family, founders of Quickmart, set for $37 million IPO payday
The Kinuthia family, which built Quickmart from a Nakuru supermarket, stands to collect $37 million as its owners sell half the chain in an IPO.
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The Kinuthia family, which built Quickmart from a Nakuru supermarket, stands to collect $37 million as its owners sell half the chain in an IPO.
Titus Muya's Family Bank stake rose $12 million in the third quarter, the Kenyan lender's first full quarter as a listed company.
Nigerian billionaire Aliko Dangote promises to list his planned East African refinery on the Nairobi bourse, a day before breaking ground in Lamu.
NCBA shareholders selling to Nedbank have gained Sh21.4 billion as the South African bank's shares rose 9.5% since the offer was set in January.
Kenyan tycoon Paul Ndung'u's stake in Car & General has gained about KSh 1.5 billion after the motorcycle and finance group's shares rallied nearly 885%.
Kenya's Co-operative Bank, led by Gideon Muriuki, lifted half-year net profit 28% to $139 million on higher interest and fee income.
A Kenyan judge barred police and prosecutors from arresting Gideon Muriuki, days before the Co-operative Bank chief was due to take plea.
Family Bank founder Titus Muya and his associates pocketed a $36.6 million paper gain as the Kenyan lender surged 44% on its NSE debut Tuesday.
WPP Plc used its 56.26% controlling stake to defeat Bharat Thakrar's attempt to oust the entire WPP Scangroup board at Monday's annual general meeting in Nairobi.
Kenya's record bank profit year will deliver Sh5.75 billion in dividends to the country's richest investors including James Mwangi and the Ndegwa family.
Equity Group's record 2025 profit will pay CEO James Mwangi more than Sh734 million in dividends as the board raises its payout by 35%.
Using late January 2026 NSE closing prices, we ranked the biggest disclosed shareholders on Kenya’s bourse and priced their listed stakes in dollars.
The rise in I&M Group’s stock price highlights ongoing investor confidence and growing market interest.
Kenya’s Co-operative Bank achieves remarkable growth, boosts global visibility, and plans local expansion.
James Mwangi, Kenya's richest banker, solidifies his position with a 12.64% increase in Equity Group shares, boosting his net worth to nearly $50 million.
This follows an earlier loss of $3.52 million between April 16 and 26 when his holdings dropped from $40.78 million to $37.27 million.