City lawyer Andrew Musangi, a kin of billionaire entrepreneur Chris Kirubi, has bought a 1.1 percent stake in tyre distributor Sameer Africa with an eye on the Nairobi Securities Exchange (NSE) listed company’s prime land holdings.
Mr Musangi, who has accumulated his stock in the company gradually, is betting that the firm will unlock the value in Sameer’s strategically located land parcels.
