
John Kimani, one of Kenya’s richest men, buys Centum shares worth nearly $2 million
His latest investment strengthens his position as Centum’s third-largest shareholder and reinforces his presence on the NSE.
His latest investment strengthens his position as Centum’s third-largest shareholder and reinforces his presence on the NSE.
Beyond Kakuzi, he holds a 5.21 percent stake in Centum Investments and 3.86 percent in Nation Media Group, spreading his bets across multiple sectors.
The rise in I&M Group’s stock price highlights ongoing investor confidence and growing market interest.
Devki Group’s $84.7-million iron ore plant in Kenya promises to create 14,000 jobs, strengthen local mining, and drive the country’s industrial growth.
Ndegwa sees $3.82-million gain as NCBA Group shares surge 16.8 percent on the Nairobi Securities Exchange.
John Kimani, has seen his shares in Kakuzi surpass $22 million (Ksh2.87 billion), marking a gain of Ksh383.4 million ($2.97 million) in just eight days.
This follows a similar loan obtained last year, bringing the total to Ksh30 billion ($232.2 million).
Acorn’s portfolio under Edward Kirathe includes 17,000 beds in 17 student housing properties, with an additional 6,000 beds under development.
Savannah Clinker has proposed purchasing all 362.9 million shares of Bamburi at Ksh70 ($0.54) per share.