From Land to banks: Kenyatta family’s NCBA stake now worth over $100 million
Kenyatta family’s NCBA stake tops $100 million as shares rally 14% on the NSE, boosting wealth and reinforcing influence across East Africa.
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Kenyatta family’s NCBA stake tops $100 million as shares rally 14% on the NSE, boosting wealth and reinforcing influence across East Africa.
This drop comes after a significant fall in the bank’s share price on the Nairobi Securities Exchange (NSE).
Partially owned by prominent Kenyan families such as Kenyatta, Merali, and Ndegwa, the conglomerate remains steadfast in strengthening operations within Kenya while expanding its footprint across the region.
The Kenyatta family owns a 13.2-percent stake in NCBA Group.
The Kenyatta family owns a 13.2-percent stake in NCBA Group.