Two TZ billionaires buy Sh378 million shares in Kenol

A worker adjusts fuel prices at a KenolKobil petrol station in Eldoret Town. file photo | nmg

Tanzanian billionaires Aunali and Sajjad Rajabali have bought 30.2 million shares equivalent to a 2.06 per cent stake in KenolKobil #ticker:KENO, rising to the list of the oil marketer’s top shareholders.

The shares have a market value of Sh378 million and have seen the Rajabalis rank ninth in Kenol’s list of top 10 investors, according to the company’s latest annual report.

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