The Rai family is in the limelight once again after buying troubled Pan Paper Mills in Webuye for Sh900 million. Pan Paper is worth Sh18 billion, but it was indebted to the tune of Sh10 billion by the ...
The shock kidnapping of sugar and cement billionaire Jaswant Rai in a mafia-style crime in Nairobi has turned the spotlight on the tycoon's family, which has built a business empire amid intricate ...
Tycoon Jaswant Rai’s takeover of Nzoia Sugar’s factory and nucleus is under scrutiny over alleged concealment of key details in the 30-year concession, even as he pledged to share a portion of sugar ...