Data by the Ministry of Industrialisation shows the number of registered companies in Kenya stands at over 310,000
Out of the figure, only 65 are listed at the Nairobi Securities Exchange (NSE)
Safaricom tops the list of the richest companies in Kenya followed closely the East African Breweries Ltd
Data by the Ministry of Industrialisation shows the number of registered companies in Kenya stands at over 310,000. Safaricom CEO Peter Ndegwa. He runs the most profitable company in Kenya. Photo: Peter Ndegwa. Source: Twitter Out of the figure , only 65 are listed at the Nairobi Securities Exchange (NSE).
With a DB score of 73.2, Kenya is ranked at position 56 by World Bank in the ease of doing business .
Richest companies in Kenya according to Who Owns Kenya.
Do you have a groundbreaking story you would like us to publish? Please reach us through email@example.com or WhatsApp: 0732482690. 1. Safaricom
According to the Communications Authority of Kenya , the telco had a market share of 63.7% as of September 2020.
The company, founded in 1997 and headed by Peter Ndegwa, has over 4,500 employees.
Its website states it makes over $ 1 billion (KSh 111 billion) in revenues annually.
In the 2020/2021 financial year ending March 2021, the telco’s profits dropped by 6.8% to KSh 68.68 billion. The principal Safaricom shareholders are the government of Kenya (35%) and Vodacom (35%). Vodafone has a share of 5% and a free float of 25%. 2. East Africa Breweries Limited (EABL) The alcoholic beverage maker runs Kenya Breweries Limited, Uganda Breweries Limited, Serengeti Breweries Limited, United Distillers Vintners, East African Maltings Limited and East African Breweries International.It has distribution partners in Burundi, the Democratic Republic of Congo and Rwanda.For the year ended June 2021, EABL recorded a 15% growth in revenue to KSh 86 billion.Its profit after tax was KSh 6.96 billion.Diageo and Associate Companies control a 50.03% stake in EABL, while 49.97% belongs to other shareholders. 3. Nation Media Group Nationa Media Group’s turnover increased by 14% from KSh 3.26 billion to KSh 3.72 billion for the first six months of 2021.Its pre-tax profit was KSh 410.7 million during the period under review.Nation has offices in Kenya, Tanzania and Uganda and publishes The EastAfrican, Daily Nation, Business Daily Africa, Daily Monitor, The Citizen, Taifa Leo and Zuqka.It is owned by Aga Khan Fund for Economic Development (44.66%), Alpine Investments Ltd […]