[quote=VituVingiSana]The former Keiyo South MP, who died of kidney failure on July 11 last year aged 77, ceded all property he co-owned to his partners. He wished that any assets, both moveable and immovable, he co-owned with anyone should be left with the other partners, and in case of death, the estate or representatives of his business partners would get the entire share. Biwott’s secrecy, again, did not allow him to say how much he held in partnerships and who were his partners. “I bequeath and give all my share, right, title and interest to assets that I jointly own with any other person or persons upon my death to the other person or persons who are lawfully registered, named or designated as a joint owner of such assets,” he wrote.
Read more at: https://www.standardmedi...s-sh1-4-billion-secrets[/quote]

He registered properties jointly with his children and wives. In this case surviving partner gets the right of survirship. Guy is crafty.

I hadn't seen where you were going with this. But I believe the shares are/were held by a holding company so his partner on the holding company is the benefactor.

Has the value of KK's assets in Ethiopia increased since Abiy became PM?

https://www.businessdail...4472-rey478z/index.html

1) Access to forex may be easier for importers. The Birr may take a hit but it's better to have "expensive" USD than no USD. We saw that in Kenya in the 90s.
2) There is a burst of euphoria in Ethiopia (like we had in 2003) and I hope KK can cash in, whether it means selling assets or an increase in fuel (imported) sold. This also applies to non-fuel sales.
3) Investment and confidence in the economy can lead to growth in opportunities for KK. I hope some of the stations can be upgraded or sold to generate a better ROI.

Exciting times for KK even though there are lots & lots of challenges...

https://messengerafrica....r-control-and-stability/

Firms that make money and pay dividends. Hah! Some folks were asking why I own KK and not some “high flying” stocks that have been “turning around” for years! 😂
Ohana said during the AGM that he expects KK will have a great 1H 👍🏽

Ohana said that whereas KK has a substantial jet A1 business, KK has no financial exposure to a certain airline known not to pay its suppliers on time
[I have no idea which one he is referring to ]
It only supplies that airline after a payment has been made. COD.

KK has tightened credit terms and yet has managed to grow sales.