Most people should know Kamwana was not in a proper mind set to be trusted with handling his family enterprise. He started his own business SELLING FLOWERS.
MUHOHO KENYATTA was the ONLY person trusted.
Muhoho is the Group Chief Executive Officer of Enke Group of Companies,
Chairman and Managing Director of Brookside Dairies Ltd and Gicheha Farms
Limited. He is the Deputy Chairman and board member of Commercial Bank of
Africa Limited, among other companies. He holds a Bachelor of Arts degree in
Economics and Political Science from William College (USA).
JOHN STUART ARMITAGE is the Group Executive Director of Enke Group of Companies. Also Director of Enke Europe Limited. He was the Liquadator of Gatundu Development Company Limited having a rapport wwith the founding President
CBA bank even thou has a the highest number of customers (through partnering with Mpesa), is a MZUNGU bank. Uko ukienda they don’t expect you to ask for discounts.
Also AIG Insurance Company of Kenya. The company is controlled by AIG International Ltd incorporated in the USA, which owns 66.67% of the company’s shares. The ultimate parent company is the American International Group also incorporated in the USA.
Where is the proof. Atakama tumejaa uko we know this shit can’t happen.
At the beginning, CBA was owned by a consortium of financial institutions known as Societe Financiere pour les pays D`Outre Mer (SFOM), based in Switzerland. Original members of the consortium included Banque National de Paris, Bank Bruxelles Lambert, Commerz Bank and Bank of America. In 1980, Bank of America acquired 84% shareholding, effectively buying out all the other SFOM partners. 16% shareholding in CBA remained in the hands of Kenyan investors. During the 1980s Bank of America divested from the bank, putting 100% shareholding in CBA in the hands of Kenyan nationals.
The other investment is AIG Insurance Company of Kenya. And here again it is the businessman Muhoho who does the deals.
1 Enke Investments Limited 24.92% (was formed in 30 April 1989)
Merali, through Yana Investments – a subsidiary of the Sameer Group – has a 14 percent stake in Enke Investments Limited which is the holding company for the Kenyatta Family. Muhoho Kenyatta, Uhuru’s younger and more business-minded brother and the family’s trusted son, is one of Enke’s directors.