Gideon Moi Buys Back Family Power Company From Steel Billionaire
Raval who is the owner of Devki Group had bought the majority stake in the firm back in 2017 from Baringo Senator at a cost valued close to Ksh80 billion.
Source: kenyans.co.ke
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Top News In Devki Group Today - Breaking & Trending Today
Mumias row raises fears of meddling in private firms
Last week, the High Court in Kakamega reversed an order that had allowed Sarrai Group to resume operations at Mumias Sugar Company.
Source: businessdailyafrica.com
Treasury fights billionaire Rai on leasing Mumias
The Treasury has opposed West Kenya’s bid for lease of Mumias Sugar Company on concerns that its billionaire owner Jaswant Rai could be keen to derail the revival of the ailing miller to protect...
Source: businessdailyafrica.com
Nakuru to get new power substation as demand rises
Kenya Power plans to construct a new substation at the Salgaa area in Rongai, Nakuru County in readiness for the upcoming industrial hub in the new city.
Source: businessdailyafrica.com
Regulator yet to approve Mumias Sugar takeover
Competition Authority of Kenya says it is yet to receive a notification seeking its approval of Mumias Sugar Company’s lease by Ugandan miller.
Source: standardmedia.co.ke