NCBA, backed by Kenya’s wealthiest families, faces $3 million tax blow

Billionaires Africa | 24.11.2025 20:58
NCBA Group, the Nairobi-based lender backed by some of Kenya’s wealthiest families, including the Kenyattas, the Ndegwas and the Meralis, has suffered a major setback in its effort to preserve a stamp duty waiver tied to the 2019 merger of NIC Bank and Commercial Bank of Africa.