Merali made his wealth by first purchasing unprofitable companies and turning them around in his formative days as an investor. He would then exit at a profit - sometimes attracting criticism when the new buyers failed to profit from the deal. In 2015, Forbes ranked him as the third richest man in Kenya and 48th in Africa with a net worth of Ksh39.96 billion ($370 million).

The board of the Retirement Benefits Authority (RBA) has formally appointed Nzomo Mutuku as its chief executive officer after a year performing the role in an acting capacity. His confirmation comes after an open recruitment process during which ten qualified...

 Aunali and Sajjad Rajabali have been accumulating shares in NSE-listed firms over the past two years

Stanbic Holdings sayst its chief executive, Greg Brackenridge, works for the company at no cost

This is the first changes Makali is instituting at Lion's Place plucked out of retirement six months ago to help turnaround the Star's fortunes

Ireland ambassador to Kenya Vincent O’Neill excited the internet in Kenya on Monday after he rode an ox-drawn cart to officially open a school in Makueni County. Photos of Mr O’Neill manoeuvring a muddy section of the road to St...