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Credit Bank’s listing was expected to bring to an end the listing drought that has engulfed the exchange since July 2014.

This will be the first listing in the exchange’s main segment in about a decade

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...

The Nyachaes have a legacy of milling maize L-R: The late Simeon Nyachae his wife Wamuyu Nyachae and son Charles Nyachae. Chief Musa Nyandusi had 15 wives and over 100 children and for whom he erected his own school, besides donating land where Kisii School stands and mobilising construction of the Gusii Stadium. The powerful colonial chief for 30 years to 1964 was awarded two British medals for ‘service to the Crown.’ Chief Musa Nyandusi: The first Kisii to afford cars - a Fordson and a Chevrolet Sedan in 1943 - also owned water-operated flour mills known as chitinga cha Musa; but it was...