Billionaire Kimani raises Kakuzi stake to 34.54pc

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Entrance of Kakuzi PLC offices in Muranga County. PHOTO | EVANS HABIL | NMG

Billionaire investor Kibunga Kimani has this year raised his stake in listed agriculture firm Kakuzi to 34.54 percent after purchasing an additional 431,434 shares with a current market value of Sh169.8 million, regulatory filings show.

Mr Kimani, who held 6.34 million Kakuzi shares at the end of last year, increased the stake to 6.77 million units by the first week of August, valuing his worth in the firm at Sh2.66 billion.

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