Billionaire investor Baloobhai Patel has bought an additional 28.4 million shares of Absa Bank Kenya with a current market value of Sh625.9 million, entrenching his position as the bank's top individual shareholder.
Mr Patel bought the shares in the eight months ended August, during which time his stake increased to 1.72 percent, up from 1.2 percent in December 2024.
