The largest shareholder in Kenya Power is the National Treasury, holding about 977,641,695 shares, which amounts to over 50% of the company. This is followed by several nominee accounts from institutions like Standard Chartered, KCB, and Stanbic. Notably, Jubilee Insurance and Old Mutual Life Assurance also have stakes, along with custodial services accounts from banks like Coop Bank and NIC Bank. Among individual shareholders, Naran Khimji Hirani and Virji Khimji Hirani own a significant portion, holding 23,845,264 shares combined.
BURKINA FASO GOVERNMENT DISSOLUTION.
Burkina Faso military Junta led by captain Ibrahim Traore dismissed prime minister Apolinaire Joachim and dissolved the government. The decision was announced through an official decree but without an explanation…