The Kenyatta and Ndegwa families have gained $166 million since agreeing to sell NCBA
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.
NCBA Group
Kenyan tycoon Muhoho Kenyatta pockets $6.6 million as NCBA lifts dividend by half
Muhoho Kenyatta collects roughly $6.6 million from NCBA's interim dividend, months before Nedbank completes its takeover of the bank his family has long backed.
Nedbank's takeover of NCBA clears key African regulatory hurdles as Kenyatta family windfall moves closer to completion
Nedbank's $856 million takeover of NCBA Group has secured key East African regulatory approvals, bringing the Kenyatta and Ndegwa families' Sh21.9 billion windfall closer to completion.
Kenya's wealthy Kenyatta and Ndegwa families stand to pocket $170 million from the Nedbank NCBA takeover
Kenya's powerful Kenyatta and Ndegwa families stand to receive over $170 million in combined cash and stock from the Nedbank takeover of NCBA Group.
Nedbank's NCBA offer window opens and billionaire Muhoho Kenyatta stands to book a 20% gain on his $154 million stake
Nedbank's NCBA buyout offer opened May 29 at Sh105, offering shareholders a 20.3% gain above NSE prices. Muhoho Kenyatta stands to be the biggest individual winner.
NCBA, backed by Kenya's richest families, posts $180.3 million profit and lifts dividend 22.5% ahead of Nedbank takeover
NCBA Group posted KSh 23.4 billion ($180.3 million) in full-year profit and raised its dividend by 22.5% to KSh 7.1 per share for 2025.
$352 million NCBA stake held by two of Kenya’s richest families in focus after Nedbank bid
$352 million NCBA stake held by Kenya’s Kenyatta and Ndegwa families draws attention after Nedbank’s $856 million takeover offer.
Kenyatta family, Kenya’s largest landowner, gains $11 million from NCBA stake
NCBA shares rebound on the NSE, lifting the Kenyatta family’s stake by $11 million as investor interest returns.
Kenyan businessman Muhoho Kenyatta returns to NCBA board amid buyout talks
Muhoho Kenyatta rejoins NCBA as a non-executive director amid ongoing Standard Bank buyout talks shaping Kenya’s banking industry.
Kenyatta family, Kenya’s largest landowners, loses $20 million from NCBA stake
Kenyatta family records a $20 million loss on its NCBA holdings as the bank’s share price slips on the Nairobi Securities Exchange.
NCBA, backed by Kenya’s wealthiest families, faces $3 million tax blow
NCBA faces a $3 million tax setback after a Kenyan court upheld a ruling voiding its 2019 stamp duty waiver, clearing the way for KRA to seek payment.
Kenyan lawyer Desterio Oyatsi gains $6.7 million from NCBA stake surge
Oyatsi, who serves as the deputy group chairman of NCBA, owns 21.7 million units of the bank’s shares, representing a 1.32 percent stake in the lender.
NCBA, backed by Kenya's richest families, unveils $6 million digital banking
NCBA unveils a $6 million digital platform with Intellect Global to enhance corporate banking and expand its digital reach in Kenya.
Desterio Oyatsi, the Kenyan lawyer with a $14 million stake in NCBA Group
Kenyan lawyer Desterio Oyatsi’s $14 million NCBA stake highlights his decades of influence in law and business.
NCBA, backed by Kenya's richest families, posts $85.2 million H1 profit
NCBA, backed by Kenya’s richest families, posts $85.8 million H1 profit, driven by rising interest income despite lower deposits and total assets.
Kenyatta family, Kenya’s largest landowners, gains $10 million from NCBA stake
Kenyatta family gains $10 million as NCBA stock rallies 12%, lifting their 13.2% stake to over $92 million in just 22 days.