Credit Bank eyes Sh1 billion through NSE listing
Mrs. Nyachae said that both the Capital Markets Authority and the CBK have granted the lender the green light for listing on the mains segment.
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Mrs. Nyachae said that both the Capital Markets Authority and the CBK have granted the lender the green light for listing on the mains segment.
Beyond horticulture, Simbi Roses has embraced beekeeping, a venture that intertwines with ecological preservation.
The lender is linked to the family of the late Simon Nyachae.
Grace Nyachae, the widow of veteran politician Simeon Nyachae. PHOTO | RUTH MBULA Grace Nyachae, the widow of veteran politician Simeon Nyachae, has adviced all young men to invest in their wives. Speaking in Kisii at the funeral service of her late husband, she said this was because when a husband and wife say for better or for worse, you never know when you will need one another. “Young men, invest in your wives. When it became necessary, I was ready to look after Mzee because over the years he had invested in me. When you don’t invest in your wife, when your time of need comes, pahali...
How Nyachae built up a vast bank, grains empire Tuesday February 02 2021 By OTIATO GUGUYU Summary He owns 9.5 million shares or 0.5 percent stake in NCBA while his Sansora Group holds 6.9 million shares or 0.4 percent stake in the new lender. Mr Nyachae was among the top owners of Transnational Bank through Simbi Investors’ 8.2 million shares or 4.11 percent of the bank before it was bought out by Nigeria’s Access Bank. He owns 14.96 per cent stake of Credit Bank through Sansora Group where he was the founding member and formerly served as the chairman. If Kenyan bank shareholders and dir...