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The NCBA Power Game: How the Kenyatta and Ndegwa Banking Dynasties Are Moving Their Wealth Into South Africa's Nedbank

The NCBA Power Game: How the Kenyatta and Ndegwa Banking Dynasties Are Moving Their Wealth Into South Africa's Nedbank
Image: Kenya Today

Behind the Sh109.6 billion NCBA takeover lies a fundamental shift in financial power, as two of Kenya's most influential business families gain access to a new international ownership structure while control of a major Kenyan bank passes to South Africa. The acquisition of NCBA Group by South Africa's Nedbank is being celebrated as a major milestone in regional banking integration.…

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