Inside Mzee Moi’s business empire

Late president Daniel Moi’s family is arguably one of the richest in Kenya, based on the business empire it has built over years, with a net worth estimated to be in excess of $3 billion (about Sh310.2 billion).
This is wealth accumulated before, during and after the former President’s 24-year rule (1978- 2002), with his children, among them, Baringo Senator Gideon Moi expanding the family dynasty further.
No-Nonsense Kenya’s second President, who ruled the country with an iron fist, has remained powerful, with his businesses playing a major role in the economy years after he left State House.

According to official and non-official records, the family’s business empire spans real estate, transport, education, hotel industry, banking, aviation, manufacturing, media, agri-business, security, and construction, among others.
According to Africa Confidential, a fortnightly newsletter covering politics and economics in Africa, Moi’s capital is “held in trust by relatives and friends, and in front companies in Kenya, offshore tax havens and several major international banks”.
This includes Union Bank of Switzerland, where the Moi dossier “is treated as a matter tantamount to national security”.
The list of property and investments owned or co-owned by the family and its partners is endless, with former Moi’s right-hand man (late) Nicholas Biwott’s family is a major investment partner.
His former private secretary Joshua Kulei is another man who has held and run Moi’s multibillion-shilling business empire for decades.
The family has over 100 companies across different sectors, with interests in much other public and privately owned businesses locally, in Africa and overseas.
Financial sector

The Mois either fully own or have shares in a number of banks and financial entities. Among them is Trans-National Bank, Equatorial Bank, First American Bank, Giro Bank ‚ Giant Forex Bureau, Equity Stock Brokers, and Sovereign Group.
The family owns Standard Group, the parent company to Kenya Television Network (KTN), Standard Newspaper and a number of radio stations, including Radio Maisha. Other subsidiaries include Rowland Printing and Baraza Limited.
Transport and logistics
In the transport sector, the family owns Siginon Group, East Africa’s largest integrated logistics services provider, which incorporates Siginon Global Logistics, Siginon Aviation, and Siginon Freight Holdings. The over 30- year-old end-to-end logistics and air cargo solutions provider is based in Kenya with operations in Tanzania and Uganda. The family also owns Kent Ship, Maritime, Eagle Airlines, Kenya Aerotech Ltd and Car Track Kenya Ltd and interests in CMC Holdings. It is also said to own part of the Kenya Airways fleet.
Real estate
In real estate, the Mois is associated with Sielei Properties Ltd, Chester House, Mugoya construction, Regent Management (believed to be about 200 houses), Paradise Holdings, Homestead Enterprises, Gateway Properties, and Courtyard Property Investment. The family also owns homes in Lavington House, Karen Residence, Nakuru Residence. It owns several unidentified properties in the United States of America and has property interests in South Africa.
The family has huge investments in agri-business, with entities such as the Sasine Group of farms, Fresh Produce Ltd, Chemusian Company, Sian roses, one of the leading fresh roses exporter, and Kiptagich Tea Estate. The family also owns a Tobacco Farm in Malawi (100%).
The family has invested in the telecommunication sector, with interests in Chesco Ltd, Cable Wireless and sizable shares in Safaricom Kenya (together with Biwott and Charles Field Marsham).
Some of the common institutions owned by the Moi family include Nairobi-based Sunshine National School, Kabarak University and Kabarak High School, Sacho High School, Moi Educational Centre and the Moi Africa Institute Kabarnet Gardens, with interests in many other international schools and local institutions.
Hotel and tourism
In the hospitality industry, huge investments lie in hotels, among them Sheraton Group (Sheraton Holding), InterContinental Hotels and Safariland Club, with other investments spreading across the industry.
General business and others
Other entities owned or with a shareholding of the Mois are Taurino Enterprises, Giant Holdings Ltd, Revak Ltd, Sudbury Ltd, Sudbury Investments, Westfield International Ltd, Hampstead Enterprises, Metipso Services Ltd, Maternity Shop, The Duty-Free Company, and Eveready Company.
The family also owns Tiger Farm Ltd, First Force Security Company, Hahuru Investors, Concord Holdings, National Milling Company and Ectar Kenya Ltd among others.

The man invested heavely.
Though he in other way and somehow damage our family but may Rip. I you meet Nyerere say hi to him for hosting us for many years.

'Umeaumaliza mwendo, nenda salama.

You mean stole. He invested with stolen public funds. The debts you pay today, the poverty you live through today, your brokeness are a result of his actions.

i wish we could all start a revolution and biuld a simple railway network with all his wealth alone …

Kubalini tu ali invest RIP mzee

Shimo ni ile ile 4x6


a 1998 article… the star is total brainless.

check the article here even the paragraphs are same, President Moi and the dynasty | Article Preview | Africa Confidential

That article isn’t factual
Siginon is owned by Joshua kulei
Aerotech owned by kenyatta family…that’s where oparanya used to work
Mugoya Ni ya mganda,but alifilisika
Moi African institute sio shule

That article isn’t factual
Siginon is owned by Joshua kulei
Aerotech owned by kenyatta family…that’s where oparanya used to work
Mugoya Ni ya mganda,but alifilisika
Moi African institute sio shule

The article also says, some with some companies, Moi either co-owned or were fronted by trusted friends.
True, Jonathan Moi RIP, employed Oparanya as accountant while he was tarmacking on this streets. And he admitted that he his where he is because of the opportunity and networks, the Moi’s accorded him.

Stupid bonobos as usual ogling at their stolen wealth. Op wewe ni kuma ya umbwa