Shocker For NASA As Mama Ngina Is Listed As The Fourth Largest Individual Investor At KPLC With 2.2 Million Shares

The firm’s shares have failed to benefit from the recovery of the Nairobi Securities Exchange, shedding 6.3 per cent over the past six months in a period that has seen most counters record double-digit gain.


As the matriarch in charge of the Kenyatta family’s vast business empire, Mama Ngina presides over an enterprise that is associated with well-known commercial brands and blue chip companies.


This includes Commercial Bank of Africa, which is Kenya’s largest non-listed lender with total assets of Sh100 billion and last year posted a net profit of Sh2.6 billion.


The bank is ranked Kenya’s ninth largest with a market size index of 4.08 per cent.


Others are Brookside Dairy — where the President’s younger brother, Muhoho, sits as executive chairman, and the upmarket hotel chain, Heritage Hotels East Africa.


The family is also linked to Media Max Company, which owns K24 TV, Kameme Radio and The People newspaper.