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Kenya Re invests Sh712 million in Zep-Re, subsidiary

Kenya Re managing director Jadiah Mwarania. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Kenya Re #ticker:KNRE has invested a total of Sh712.8 million in Zep-Re and another unnamed subsidiary in the year ended December, raising its interest in the businesses.

The Nairobi Securities Exchange #ticker:NSE -listed firm invested Sh503.4 million in Zep-Re, raising its stake in the associate to 20.38 percent from the previous 19.15 percent.

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