Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

nairobae said:
KCB, Equity, Coop, NCBA are owned by locals. Tafuteni excuse ingine, hii upuzi ya foreigners tushazoea.
Click to expand...
1. Kenya Commercial Bank (KCB) Group
KCB Group Plc is a major financial services holding company listed on the Nairobi Securities Exchange (NSE: KCB). The Government of Kenya has historically been a significant shareholder, with its stake fluctuating over time due to privatization and rights issues.
Largest Shareholders (as of June 2023):
  • Government of Kenya: Holds approximately 19.76% (635,001,947 shares). This stake reflects a reduction from earlier years due to privatization efforts and rights issues, such as the 2010 rights issue that lowered the government’s shareholding to 17.31% before subsequent adjustments.


  • Other Shareholders: The remaining shares are held by institutional and individual investors, including foreign and domestic entities. As of December 2023, the top 10 shareholders collectively owned a significant portion, but specific names and percentages for others are not fully detailed in the provided data. Notable institutional investors often include pension funds, insurance companies, and investment firms trading on the NSE.
    • Example: National Social Security Fund (NSSF) and other state-affiliated entities may hold substantial stakes, but exact figures are unavailable here.
  • Public Float: KCB’s shares are widely distributed, with cross-listings on the Dar es Salaam, Rwanda, and Uganda stock exchanges, indicating diverse institutional and retail ownership.
Note: For a complete list of the top 10 shareholders as of 2023, refer to KCB Group’s annual report or NSE filings, as the provided data only confirms the government’s stake.

2. Equity Group Holdings
Equity Group Holdings is a leading financial services provider in East Africa, listed on the NSE (EQTY). Its shareholder base includes a mix of institutional investors, high-net-worth individuals, and retail investors, with no single dominant government stake.
Largest Shareholders (as of recent data, approximate):
  • Arise B.V.: A consortium of international investors (including Norfund and FMO) holds around 12% of Equity Group, making it one of the largest institutional shareholders.
  • James Mwangi (CEO): Through direct and indirect holdings, Dr. James Mwangi, the Group CEO, owns a significant stake, estimated at 3–5%, though exact figures vary by source.
  • Standard Chartered Nominees: Represents various institutional investors and holds approximately 5–7% on behalf of clients.
  • Other Institutional Investors:
    • NSSF Kenya: Likely holds a notable stake, typically in the range of 2–5%, as a major pension fund.
    • Foreign Investors: Entities like IFC (International Finance Corporation) and other global funds have historically held significant shares, collectively accounting for over 30% of foreign ownership.
  • Retail Investors: Equity has a broad base of individual shareholders, with over 3.77 billion shares issued, contributing to its market cap of KSh 155.85 billion as of July 2024.
Note: Equity Group’s shareholder structure is dynamic, with frequent trading on the NSE. For precise details, check Equity Group’s 2024 annual report or investor relations portal. The acquisition of Cogebanque in Rwanda (99.1% stake completed in 2023) may also influence shareholding dynamics.

3. Co-operative Bank of Kenya
Co-operative Bank of Kenya is a major commercial bank listed on the NSE, with a strong focus on cooperative societies. Its largest shareholder is a cooperative-affiliated holding company.
Largest Shareholders (as of recent data):
  • CoopHoldings Cooperative Society Limited: Owns a controlling stake of 65% of the bank’s shares. This holding company represents cooperative societies across Kenya, making it the dominant shareholder.

  • Public and Institutional Investors: The remaining 35% is traded on the NSE and held by individual and institutional investors. These include:
    • Pension Funds and Insurance Companies: Entities like NSSF or private funds may hold smaller stakes, typically below 5% each.
    • Retail Investors: A significant portion of the 35% is owned by individual Kenyan investors, given the bank’s popularity.
  • No Single Individual Dominance: Unlike some banks, Co-op Bank’s structure emphasizes collective ownership via cooperatives, with no prominent individual shareholders highlighted in the data.
Note: The bank’s total assets were valued at KES 404.15 billion (US$4 billion) in 2013, and its market position has grown since. For updated shareholder details, refer to Co-operative Bank’s investor relations page or NSE disclosures.

4. NCBA Group
NCBA Group Plc was formed in 2019 through the merger of NIC Group and Commercial Bank of Africa (CBA). It is listed on the NSE (NCBA) and has a notable presence in East and West Africa. The Kenyatta family and Ndegwa family are prominent shareholders, though recent shifts have altered rankings.
Largest Shareholders (as of May 2023):
  • First Chartered Securities (Ndegwa Family): Holds 14.44% (approximately 75.2 million shares for James Ndegwa and 76.3 million for Andrew Ndegwa), valued at roughly KSh 8 billion. The Ndegwa family overtook the Kenyatta family as the largest shareholder after purchasing additional shares worth KSh 1 billion.

  • Kenyatta Family (via Enke Investments Limited): Previously the largest shareholder, now holds approximately 13–14% (down from 24.91% in 2017 for CBA alone). The Kenyatta family’s stake was diluted post-merger and after the Ndegwas’
 
nairobae said:
KCB, Equity, Coop, NCBA are owned by locals. Tafuteni excuse ingine, hii upuzi ya foreigners tushazoea.
Click to expand...
How locals while foreigners r allowed to buy shares at NSE? Do u know at least 3% of Safaricom is owned by 2 Tanzanian brothers?

www.thecitizen.co.tz

Dar billionaires now top investors in Safaricom

Tanzanian billionaires Aunali and Sajjad Rajabali have become the top individual investors in Kenya's giant telecom operator Safaricom after they bought an additional 11 million units worth Sh277...
www.thecitizen.co.tz www.thecitizen.co.tz
 
Mpwimbe said:
1. Kenya Commercial Bank (KCB) Group
KCB Group Plc is a major financial services holding company listed on the Nairobi Securities Exchange (NSE: KCB). The Government of Kenya has historically been a significant shareholder, with its stake fluctuating over time due to privatization and rights issues.
Largest Shareholders (as of June 2023):
  • Government of Kenya: Holds approximately 19.76% (635,001,947 shares). This stake reflects a reduction from earlier years due to privatization efforts and rights issues, such as the 2010 rights issue that lowered the government’s shareholding to 17.31% before subsequent adjustments.


  • Other Shareholders: The remaining shares are held by institutional and individual investors, including foreign and domestic entities. As of December 2023, the top 10 shareholders collectively owned a significant portion, but specific names and percentages for others are not fully detailed in the provided data. Notable institutional investors often include pension funds, insurance companies, and investment firms trading on the NSE.
    • Example: National Social Security Fund (NSSF) and other state-affiliated entities may hold substantial stakes, but exact figures are unavailable here.
  • Public Float: KCB’s shares are widely distributed, with cross-listings on the Dar es Salaam, Rwanda, and Uganda stock exchanges, indicating diverse institutional and retail ownership.
Note: For a complete list of the top 10 shareholders as of 2023, refer to KCB Group’s annual report or NSE filings, as the provided data only confirms the government’s stake.

2. Equity Group Holdings
Equity Group Holdings is a leading financial services provider in East Africa, listed on the NSE (EQTY). Its shareholder base includes a mix of institutional investors, high-net-worth individuals, and retail investors, with no single dominant government stake.
Largest Shareholders (as of recent data, approximate):
  • Arise B.V.: A consortium of international investors (including Norfund and FMO) holds around 12% of Equity Group, making it one of the largest institutional shareholders.
  • James Mwangi (CEO): Through direct and indirect holdings, Dr. James Mwangi, the Group CEO, owns a significant stake, estimated at 3–5%, though exact figures vary by source.
  • Standard Chartered Nominees: Represents various institutional investors and holds approximately 5–7% on behalf of clients.
  • Other Institutional Investors:
    • NSSF Kenya: Likely holds a notable stake, typically in the range of 2–5%, as a major pension fund.
    • Foreign Investors: Entities like IFC (International Finance Corporation) and other global funds have historically held significant shares, collectively accounting for over 30% of foreign ownership.
  • Retail Investors: Equity has a broad base of individual shareholders, with over 3.77 billion shares issued, contributing to its market cap of KSh 155.85 billion as of July 2024.
Note: Equity Group’s shareholder structure is dynamic, with frequent trading on the NSE. For precise details, check Equity Group’s 2024 annual report or investor relations portal. The acquisition of Cogebanque in Rwanda (99.1% stake completed in 2023) may also influence shareholding dynamics.

3. Co-operative Bank of Kenya
Co-operative Bank of Kenya is a major commercial bank listed on the NSE, with a strong focus on cooperative societies. Its largest shareholder is a cooperative-affiliated holding company.
Largest Shareholders (as of recent data):
  • CoopHoldings Cooperative Society Limited: Owns a controlling stake of 65% of the bank’s shares. This holding company represents cooperative societies across Kenya, making it the dominant shareholder.

  • Public and Institutional Investors: The remaining 35% is traded on the NSE and held by individual and institutional investors. These include:
    • Pension Funds and Insurance Companies: Entities like NSSF or private funds may hold smaller stakes, typically below 5% each.
    • Retail Investors: A significant portion of the 35% is owned by individual Kenyan investors, given the bank’s popularity.
  • No Single Individual Dominance: Unlike some banks, Co-op Bank’s structure emphasizes collective ownership via cooperatives, with no prominent individual shareholders highlighted in the data.
Note: The bank’s total assets were valued at KES 404.15 billion (US$4 billion) in 2013, and its market position has grown since. For updated shareholder details, refer to Co-operative Bank’s investor relations page or NSE disclosures.

4. NCBA Group
NCBA Group Plc was formed in 2019 through the merger of NIC Group and Commercial Bank of Africa (CBA). It is listed on the NSE (NCBA) and has a notable presence in East and West Africa. The Kenyatta family and Ndegwa family are prominent shareholders, though recent shifts have altered rankings.
Largest Shareholders (as of May 2023):
  • First Chartered Securities (Ndegwa Family): Holds 14.44% (approximately 75.2 million shares for James Ndegwa and 76.3 million for Andrew Ndegwa), valued at roughly KSh 8 billion. The Ndegwa family overtook the Kenyatta family as the largest shareholder after purchasing additional shares worth KSh 1 billion.

  • Kenyatta Family (via Enke Investments Limited): Previously the largest shareholder, now holds approximately 13–14% (down from 24.91% in 2017 for CBA alone). The Kenyatta family’s stake was diluted post-merger and after the Ndegwas’
Click to expand...
Kwa hivyo hawa ndio foreigners? 🤣🤣🤣
 
Geza Ulole said:
How locals while foreigners r allowed to buy shares at NSE? Do u know at least 3% of Safaricom is owned by 2 Tanzanian brothers?

www.thecitizen.co.tz

Dar billionaires now top investors in Safaricom

Tanzanian billionaires Aunali and Sajjad Rajabali have become the top individual investors in Kenya's giant telecom operator Safaricom after they bought an additional 11 million units worth Sh277...
www.thecitizen.co.tz www.thecitizen.co.tz
Click to expand...
Kwa hivyo they own Safaricom. 🤣🤣 Usiwe pumbavu anyone can buy shares of any publicly listed company in the world.
 
nairobae said:
Hio ndio ndoto yenu kama bongolalas. Amkeni msikojoe kwa kitanda.
Click to expand...
Mtaumia sana na bado.
National

Dar billionaires now top investors in Safaricom
Wednesday, September 26, 2018 — updated on April 13, 2021

What you need to know:
The August regulatory filings at the Nairobi Securities Exchange (NSE) show that the Rajabalis, who bought 10 million shares in April, now hold a total of 21.1 million shares valued at Sh527 million.
This has effectively relegated billionaire investors Ramaben Patel (with 19.4 million shares worth Sh485 million) and John Kibunga Kimani (12.1 million units valued at Sh302 million) to second and third places respectively.
The Rajabalis’ accumulation of Safaricom shares, seen as a signal of their confidence in the telco’s future prospects, comes amid a major dip in the company’s share price, which now stands at Sh25 --- a 23.6 per cent drop from a high of Sh32.75 in April.















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Exciting Games | Play & Win Big Today!
Discover thrilling casino games with high payouts! Join now for a premium gaming experience. Play responsibly and enjoy top-tier bonuses. 18+ only.
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|Dar billionaires now top investors in Safaricom
 
concordile 101 said:
Mtaumia sana na bado.
National

Dar billionaires now top investors in Safaricom
Wednesday, September 26, 2018 — updated on April 13, 2021

What you need to know:
The August regulatory filings at the Nairobi Securities Exchange (NSE) show that the Rajabalis, who bought 10 million shares in April, now hold a total of 21.1 million shares valued at Sh527 million.
This has effectively relegated billionaire investors Ramaben Patel (with 19.4 million shares worth Sh485 million) and John Kibunga Kimani (12.1 million units valued at Sh302 million) to second and third places respectively.
The Rajabalis’ accumulation of Safaricom shares, seen as a signal of their confidence in the telco’s future prospects, comes amid a major dip in the company’s share price, which now stands at Sh25 --- a 23.6 per cent drop from a high of Sh32.75 in April.















It's the content that counts
We come to you. We are always looking for ways to improve our stories. Let us know what you liked and what we can improve on.

I've got feedback!
In the headlines

Tanzania unveils second-largest CNG station in Africa to drive clean energy shift
Tanzania has launched a state-of-the-art Compressed Natural Gas (CNG) mother station—Africa’s second-largest

National 21 min ago

Salha Aziz: Uplifting Tanzania’s young women through education, skills, and social impact
Salha has dedicated her life to ensuring that adolescent girls and young women are empowered.

Woman 36 min ago

PRIME
How Cold War geopolitics shaped the fate of Tazara
In the annals of Africa's diplomatic history, the Tazara railway stands tall as a testament to the enduring bonds between nations.

National 38 min ago

Get it on Google Play | Jewel of the Gods | Sponsored
Exciting Games | Play & Win Big Today!
Discover thrilling casino games with high payouts! Join now for a premium gaming experience. Play responsibly and enjoy top-tier bonuses. 18+ only.

Get it on Google Play | Jewel of the Gods | Sponsored
Exciting Games | Play & Win Big Today!
Discover thrilling casino games with high payouts! Join now for a premium gaming experience. Play responsibly and enjoy top-tier bonuses. 18+ only.
Scientist, fired by Magufuli, reinstated as national lab director
Dr Moremi is one of Tanzania’s most respected clinical microbiologists, researchers, and infectious disease specialists.
The Citizen
Why Are Some Tanzanians Putting Eggs Under Their Beds? Doctors React
bio-nutrabalance.com
|Dar billionaires now top investors in Safaricom
Click to expand...
Nakuambia utajikojolea wewe. Amka uache kuota na habari za 2018. The top single individual shareholder ni mkenya hata the top joint shareholders bado ni wakenya.


Screenshot_20250510-121448.jpg
 
Geza Ulole said:
Nyoko wewe Zimbabwe Ina NMB Bank pia!

NMBZ | Bank

nmbz.co.zw nmbz.co.zw

VS

www.nmbbank.co.tz

NMB Bank Tanzania

NMB Bank Plc., is a commercial bank in Tanzania, the second-largest economy in the East African Community. It is licensed by the Bank of Tanzania, the central bank and national banking regulator.
www.nmbbank.co.tz www.nmbbank.co.tz
Click to expand...
Hua munapinga kila kitu. 😂😂😂 Zimbabwe owns you niggers.

Screenshot_20250510-133741.jpg
 
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