Firm owned by Kenya’s Merali family to settle debts with $6.3-million land sale proceeds
The Merali family, overseeing the estate of the late tycoon Naushad Merali, commands a 74-percent stake in Sameer Africa.
Kenya's Merali family
Kenya’s Merali family faces $6 million blow in 2023 from Sasini Tea stake
With a 65.46-percent stake, Kenya’s Merali family holds the largest share in Sasini Tea.
Kenya’s Merali family rakes in $5.4 million from stake in Sasini Tea
The recent gain solidifies the Merali family’s position as one of the wealthiest families in East Africa.