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March 19, 2026
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    Kahuho Holdings

    A photo collage of former Kenyan president Uhuru Kenyatta, NCBA Group chairman James P. M. Ndegwa, NCBA Group managing director John Gachora, and former Kenyan minister, the late Simeon Nyachae, whose family maintains a substantial holding in NCBA Group. If Standard Bank, which trades as Stanbic in Uganda and Kenya, takes over NCBA Group, the key figures above, whose families are represented by different individuals as shareholders, will be some of the biggest beneficiaries from either a windfall in the form of a payout or a shareholder value addition derived from an enlarged regional banking powerhouse.

    The NCBA Windfall: Shareholders Set for a Windfall if Stanbic Seals the Takeover

    CEO East Africa MagazineThe Big StoryOctober 16, 2025October 23, 2025

    If the long-rumored Stanbic–NCBA merger or buyout becomes reality, NCBA shareholders could emerge as the biggest winners in East Africa’s next major banking shake-up. The market already seems to agree….

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    CEO East Africa
     
    Thought Leadership
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