Prime

Kasarani church group to buy Sh2.8bn Uchumi land

President Uhuru Kenyatta and Deputy President William Ruto at a Church service at Jesus Winner Ministry, Roysambu. PHOTO | PSCU |NMG

By  ANNIE NJANJA

Five top officials of a church in Roysambu, Jesus Winners Ministry, are set to be the new owners of Uchumi’s multibillion-shilling Kasarani land.

The private limited company at the centre of the Sh2.8 billion transaction, Jewel Complex Limited, is majority owned by Edward Mwai Kiongo, also a leader at the church.

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. Gen Z and Millennial investors demand agile wealth advisors

  2. PRIME Pet owners rethink budgets on unexpected care costs

  3. PRIME How to handle aggressive dogs

  4. PRIME Have you tried solving your business problem backward?

In the headlines

View All