Merali family's Sameer Africa posts highest profit in 11 years
This marks a 460% jump from last year, driven by forex gains and lower finance costs after clearing all debts.
Sameer Africa
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.