The Kenyatta family, one of Kenyas most influential dynasties and the countrys largest private landowner, has seen the value of its stake in NCBA Group rebound sharply, adding about 11 million in recent weeks as the banks shares recovered on the Nairobi Securities Exchange.
Through the estate of Kenyas first president, Jomo Kenyatta, the family controls 217.5 million shares of NCBA Group, a 13.2 percent stake. The holding is valued at Ksh18.11 billion 140.42 million, up from Ksh16.64 billion 129.04 million as of Dec. 9, as NCBAs share price gained, reflecting continued buying in the Nairobi-based lender during recent trading sessions.
Recovery follows late-year pullback
