The Shah Family’s Quiet Empire: How Three Investment Vehicles Delivered Them Control of Over Half of I&M Group, and Sh66 Billion, While the Headline Only Talked About Sh17.35 Billion in “Paper Wealth”

The photograph in Wednesday’s Business Daily told its own story. There stood Capital Markets Authority Director Daniel Warutere and Nairobi Securities Exchange CEO Frank Mwiti, flanking I&M Group Executive Director S...