Kibunga Kimani buys Sh101m Kakuzi shares

The Nairobi Securities Exchange. Kakuzi made a net profit of Sh245.5 million in the half year ended June. FILE PHOTO | NMG

Billionaire investor John Kibunga Kimani #ticker:KUKZ has bought an additional 263,526 shares in Kakuzi with a current market value of Sh101 million, raising his stake to a new high of 32 percent.

Regulatory filings for July show that Mr Kimani’s holdings of the agricultural firm’s shares had risen to 6.2 million units, up from six million in December 2018 when his stake was equivalent to 30.7 percent.

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