NCBA, backed by Kenya’s richest families, invests $5 million in cybersecurity
NCBA Bank invests Ksh644 million ($5 million) in cybersecurity, enhancing firewalls amid rising cyber threats in Kenya.
NCBA Bank invests Ksh644 million ($5 million) in cybersecurity, enhancing firewalls amid rising cyber threats in Kenya.
NCBA Bank Kenya justified the increase, citing the need to align with prevailing market conditions.
The $50-million loan from Proparco represents a significant milestone for NCBA Group as it continues to drive sustainable economic growth and support SMEs in Kenya.
Through their late patriarch’s estate, the Kenyatta family maintains a significant 13.2-percent stake in NCBA Group, equivalent to 217,497,023 ordinary shares.
The Kenyatta family owns a 13.2-percent stake in NCBA Group through the estate of their late father, Jomo Kenyatta.
NCBA Group is partially owned by some of Kenya’s wealthiest families, including the Kenyatta, Merali, and Ndegwa families.
The Kenyatta family’s equity holdings in NCBA Group see a $11.26-million decline as stock market volatility persists.
NCBA Group is partially owned by some of Kenya’s richest families.
Kenya’s wealth gap is staggering.
The Kenyatta family owns a 13.2-percent stake in NCBA Group.
NCBA’s loan to Grit now represents more than 2.27 percent of the real estate company’s overall debt.
NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.
The Kenyatta family owns a 13.2-percent stake in NCBA Group.
NCBA Group is partly owned by the super-rich Kenyatta, Merali, and Ndegwa families.
The Kenyatta family owns a 13.2-percent stake in NCBA Group.
The stake is linked to Ngina Kenyatta, Muhoho Kenyatta, and Uhuru Kenyatta, a leading politician who has served as Kenya’s president since 2013.