Tag: Naushad Merali
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).
Gitonga, who joined the board on August 1, 2015, has previously served in various capacities at senior management level in Sameer Africa
The saga surrounding seven men who were arrested for conning Sameer Africa chairman Naushad Merali after one of them mimicked President Uhuru Kenyatta took...
The Award is in keeping with the African Magazine's tradition of presenting the sides of the continent, which hardly finds placement on the global mainstream media
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House of Manji has become a household name in Kenya and the East Africa region in the biscuits, pasta and confectionery industry.
Mumias Sugar Company opened its doors on Friday, 1st December, 2023 to receive cane from farmers as operations resumed at the giant sugar miller after years of silence.
It is not surprising that HR professionals are constantly upskilling either to remain competitive in their current roles or to pursue new opportunities.
Each goat from Odibets will be worth Ksh5,000 and will be rewarded to the lucky customers via M-Pesa.