The Kenyatta family, one of Kenya’s most influential and wealthy families, has not only dominated the political landscape but has also built an impressive business empire that spans multiple industries. With interests in banking, media, agriculture, hospitality, and real estate, the Kenyatta family’s companies continue to thrive and expand, both in Kenya and internationally. Here’s a comprehensive list of businesses and companies that are either owned or controlled by the Kenyatta family.
1. Heritage Hotels
The Heritage Hotels group is a collection of luxurious hotels spread across Kenya, attracting both local and international tourists. These hotels include:
- Kipungani Explorer: A five-star hotel on Lamu Island, offering unique experiences, with rates reaching Ksh 110,000 per night.
- Mara Intrepids: Located in Maasai Mara, this hotel offers wildlife experiences and luxurious accommodations, with rates up to Ksh 50,000 per night.
- Mara Explorer Camp: A luxurious camp inside Maasai Mara with a stunning view of the wildlife.
- Great Rift Valley Lodge: Located in Naivasha, offering breathtaking views of the Rift Valley, with rates ranging from Ksh 30,000 to Ksh 150,000.
- Voyager Beach Resort: A 3-star hotel located in Nyali, Mombasa, offering affordable stays starting at Ksh 15,000.
2. NCBA Group PLC
NCBA is the third-largest bank by assets in Kenya. The Kenyatta family owns 13.2% of the bank, valued at over Ksh 6.6 billion. The NCBA Group was formed by merging NIC Bank and CBA Bank in 2018.
3. Brookside Dairy
Founded in 1993, Brookside Dairy is one of Kenya’s largest milk producers. The Kenyatta family owns over 50% of the company, which produces several popular brands such as Ilara, Delamere, Tuzo, and Molo Milk. Brookside works with over 200,000 farmers across Kenya and is the market leader in the dairy sector, controlling over 67% of the market share.
4. Timsales Holdings
Timsales is a large timber manufacturing company located in Nakuru County. It produces a variety of timber products such as plywood, blockboards, and fiberboards, and has previously supplied materials to Kenya Power for utility poles.
5. Mediamax Company
Mediamax owns several media outlets, including K24, Kamene FM, Msenangu FM, and Mayian FM. The Kenyatta family is a major shareholder, and the company is among the leading media houses in Kenya, broadcasting news, entertainment, and talk shows.
6. Beta Healthcare International
Beta Healthcare is a pharmaceutical manufacturing company in Mombasa, producing a variety of medical products. The Kenyatta family holds a stake in the company, which has grown to become one of the key players in the industry.
7. AIG Insurance
AIG Insurance is a major player in Kenya’s insurance industry, providing various services including travel insurance, personal accident covers, and more. The Kenyatta family holds a significant stake in the company, contributing to its continued success in Kenya.
8. Peponi Group of Schools
The Kenyatta family owns Peponi School, an exclusive international school based in Ruiru, Thika Superhighway. Known for using the British Curriculum, Peponi is one of the most prestigious schools in Kenya, charging over Ksh 1 million per term.
9. Enke Investment Limited
Enke Investment is a holding company controlled by the Kenyatta family, focusing on prime real estate in Nairobi. The family owns 24.91% of CBA through this investment vehicle.
10. Koto Housing Limited
Founded in 2014, Koto Housing specializes in affordable housing and alternative building technologies. The Kenyatta family owns 13% of the company, which aims to provide cost-effective housing solutions.
11. Northland City
Northland City is a large-scale development project by the Kenyatta family, expected to cost around Ksh 500 billion. The city will consist of residential, commercial, and industrial units and is designed to accommodate over 250,000 people. The project spans 11,000 acres in Ruiru.
12. Kenya Clay Products (Clay Works)
This company manufactures red bricks and other construction materials. Located along Thika Road, Kenya Clay Products supplies materials for the growing construction sector in Kenya.
13. C-Max Holdings Limited
C-Max Holdings manufactures panels and works on affordable residential and commercial housing projects. The company is part of the Kenyatta family’s diversified portfolio.
14. Milrun International Limited
Milrun, revealed in the Pandora Papers, is a company established by Mama Ngina Kenyatta (Uhuru’s mother) and her daughters. It was incorporated in 1999 and registered in the British Virgin Islands.
15. Green Lee Estates
Green Lee Estates is part of the Kenyatta family’s real estate portfolio, contributing to their vast property holdings in Kenya.
16. Ranch and 500,000 Acre Farm
The Kenyatta family owns a 13,000-hectare ranch in Kiambu County and a 30,000-acre farm in Taita Taveta. The family has also made significant land donations, such as 4,000 acres to squatters in Taita Taveta.
17. Milrun International
Milrun, a British Virgin Islands company, is associated with Mama Ngina Kenyatta and her daughters. It was established to manage significant family assets.
18. Criselle Foundation
This foundation, established by Muhoho Kenyatta, is valued at Ksh 3.3 billion and focuses on investments in stocks and bonds.
Conclusion
The Kenyatta family’s vast business empire includes key interests in real estate, banking, media, agriculture, and pharmaceuticals. With holdings in well-established companies such as Brookside Dairy, NCBA Group, and Heritage Hotels, the Kenyatta family continues to be one of the wealthiest and most influential families in Kenya, with their companies playing a significant role in the country’s economy.
