Local investors buy Sh11bn more KCB stake



Business Daily | by Patrick Alushula


Local investors have bought additional Sh10.99 billion KCB stake since Covid-19 struck last March, tightening their grip on Kenya’s largest lender in the wake of foreign investor exits.

Latest regulatory filings show that local individual and institutional investors such as pension funds have added 245.742 million shares or 7.65 percent stake between…

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