Connect with us


Family of late city tycoon Francis Kiambi reveals his business empire was struggling financially



By Wanja Waweru

Francis Kiambi, a late businessman from Nairobi, struggled to maintain his huge business empire at the time of his passing, according to his relatives.

On Sunday, January 8, Kiambi, a director of a Nairobi alcohol distillery, was discovered dead just hours after he and his wife had returned to their Karen home from a city entertainment venue.

Kiambi’s family members, who are still coming to terms with his passing, stated in an interview with a local TV station on Thursday that the businessman’s empire appeared to be having financial difficulties in the months prior to his death.

According to Kiambi’s sister Jesica Kajugu, the deceased’s fortunes had declined due to a hard business environment.

“Kulingana na vile tunajua, hapa mwisho …biashara yake haikuwa sawa sana. Hata kuna wale directors walikuja hapa wakasema kwamba tangu serikali ianze kuweka sheria kali biashara haiendi sawa. Sio vile ilikuwa mbeleni,” Kajugu said.

Kajugu and Kiambi’s mother Priscilla Siampui, however, noted that the deceased was determined to not only expand his business but also support agricultural projects he initiated among the Tharaka community, who hail him as a hero.

READ ALSO  Martha Koome issues statement after being nominated next Chief Justice
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

AMG Realtors will deliver your Title Deeds anywhere in the world

You can easily own one of these

Like us on FB

Copyright © 2022 Kenya Satellite News Network. All Rights Reserved.