Ex-Attorney General William Byaruhanga Acquires Shs35b Stake in Kenyan Bank

Ugandan lawyer buys $8 million Sidian Bank stake

Ugandan lawyer and businessman William Byaruhanga has become the fourth-largest shareholder in Sidian Bank after acquiring a 14.63 percent stake worth about $8 million. The investment makes him a key player in one of Kenya’s fastest-growing mid-sized lenders.Byaruhanga, who served as Uganda’s attorney general between 2016 and 2021, purchased the shares from Centum Investments in a deal valued at Ksh1.03 billion ($8 million). The transaction mark…

Who is William Byaruhanga, the Ugandan Lawyer/Investor who has acquired 14% in Kenyan lender Sidian?

When Ugandan lawyer and investor William Byaruhanga quietly acquired a 14.63 percent stake in Sidian Bank, one of Kenya’s fastest-growing lenders, it sent ripples across East Africa’s financial markets. The... The post Who is William Byaruhanga, the Ugandan Lawyer/Investor who has acquired 14% in Kenyan lender Sidian? appeared first on CEO East Africa.

Ex-Attorney General William Byaruhanga acquires Shs35b stake in Kenyan bank

Former Ugandan Attorney General William Byaruhanga has bought a 14.63 percent stake in Sidian Bank after acquiring shares worth KSh1.03 billion (about Shs35.2 billion) from Centum Investments. Centum Investment Company Plc, commonly known as Centum, is a public East African firm involved in real estate, fund management, and other ventures. Sidian Bank, formerly K-Rep Bank, is a commercial bank in Kenya founded in 1984. Byaruhanga, who was Attorn…