Billionaire investor John Kibunga Kimani has created a foundation he plans to use to hand over some Sh93 million worth of Kakuzi #ticker:KUKZ shares to squatters he grew up with around the agricultural firm.
Mr Kimani, who has risen from the farmhand he once was to become a major land owner and one of the biggest individual shareholders in Nairobi Securities Exchange-listed #ticker:NSE firms, said he had decided to allocate some 300,000 shares to the Kakuzi squatters.
