Prime

Kurwitu Ventures MD owns half the company

From left: National Bank board chairman Mohammed Hassan, bank director Wangui Mwaniki and Nairobi Securities Exchange vice-chairman Bob Karina. Mr Hassan is one of the brains behind the little-known Kurwitu Ventures. PHOTO | DIANA NGILA | NATION MEDIA GROUP

The man who will run Kurwitu Ventures following its public listing by introduction at the Nairobi Securities Exchange (NSE) on Thursday is also its controlling shareholder.

Managing Director Abdirahman Abdillahi holds a majority stake of 51 per cent while fellow director Mohammed Hassan owns 27 per cent, the firm revealed in their listing documents. Their combined stake will be valued at about Sh100 million after Thursday’s listing.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Kenya overtakes Ethiopia as EA’s largest economy after five years of trailing

  2. PRIME KRA officer fired for clearing cargo before it arrived at port

  3. PRIME Sanlam Allianz Kenya to drop subsidiary in latest shake-up

  4. Gavel

    PRIME Naipa seeks order to block New-KCC privatisation

In the headlines

View All