Baloobhai Patel

2 Articles
Billionaire Baloobhai Patel Grabs Ksh216m Stake in Co-op Bank
MARKETSSTOCKS

Billionaire Baloobhai Patel Grabs Ksh216m Stake in Co-op Bank

Baloobhai Patel, a reclusive billionaire who made his fortune trading equities, has taken a Ksh216.5 million stake in Co-operative Bank of Kenya (Co-op...

Besides Absa, Patel owns stakes in companies including Carbacid Investments, Sanlam Kenya, Bamburi Cement and Co-op Bank. [Photo/ The Exchange]
BUSINESSFEATURED ARTICLE

NSE Billionaire Baloobhai Patel’s Mega-Deals Shaking The Market

The Nairobi Securities Exchange (NSE) in recent years has been hit hard by the exit of foreign investors and a macro-economic downturn, driving...