Key Factors
- Kakuzi Plc’s inventory has fallen 8.76% in 13 days, wiping $60 million off its market worth on the Nairobi Securities Change.
- Kenyan investor John Kimani’s stake in Kakuzi has dropped from $21.92 million to $20 million because the inventory continues to slip.
- Regardless of current losses, Kakuzi’s inventory stays optimistic for 2025, delivering a 2.86% achieve for the reason that begin of the yr.
Kenyan businessman and multimillionaire investor John Kimani has seen almost $2 million wiped off the market worth of his stake in Kakuzi Plc, an agricultural agency listed on the Nairobi Securities Exchange (NSE).
Kimani, who owns a 33.29 % stake in Kakuzi—equal to six,525,223 atypical shares—has taken a success as the corporate’s share value continues to slip. Prior to now 13 days alone, the worth of his holdings has dropped by Ksh247.96 million ($1.92 million), reflecting the continued decline in Kakuzi’s inventory on the NSE.
Kakuzi shares slide 8.76%, market cap falls to $60 million
Kakuzi Plc, recognized for its premium agricultural exports, together with avocados, macadamia nuts, and fervour fruits, has additionally expanded into tea processing, livestock farming, and forestry.
Over the previous 13 days, Kakuzi’s shares have fallen 8.76 % on the Nairobi Securities Change, dropping from Ksh434 ($3.36) on Jan. 31 to Ksh396 ($3.07). This decline has worn out about $60 million in market worth, dealing a big blow to shareholders, together with Kenyan investor John Kimani.
Kimani’s stake drops as Kakuzi shares slide
The selloff has erased Ksh437.85 million ($3.39 million) from Kimani’s holdings, bringing the worth of his stake down from Ksh2.83 billion ($21.92 million) to Ksh2.58 billion ($20 million) in lower than two weeks.
Kimani stays a prime investor on the NSE. Past Kakuzi, he holds a 5.21 % stake in Centum Investments and three.86 % in Nation Media Group, spreading his bets throughout a number of sectors.
Your Cash and Your Life
Regardless of the current droop, Kakuzi stays probably the most helpful shares on the NSE. The corporate has gained 2.86 % in 2025, which means a $100,000 funding at first of the yr would now be price $102,860—yielding a $2,860 revenue.
