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Kenyatta family gains $11 million as NCBA shares rebound
Summary by Billionaires.Africa
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Kenyatta family gains $11 million as NCBA shares rebound
The Kenyatta family, one of Kenya’s most influential dynasties and the country’s largest private landowner, has seen the value of its stake in NCBA Group rebound sharply, adding about $11 million in recent weeks as the bank’s shares recovered on the Nairobi Securities Exchange.Through the estate of Kenya’s first president, Jomo Kenyatta, the family controls 217.5 million shares of NCBA Group, a 13.2 percent stake. The holding is valued at Ksh18.…
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