Pius Ngugi

From Wikipedia, the free encyclopedia

Pius Ngugi Mbugua, is a Kenyan entrepreneur and one of the country's wealthiest persons.

Early life[edit]

Ngugi was born in Kiambu County.[1] on 8 March 1944. He is married to Josephine Wambui Ngugi.

Business[edit]

Ngugi owns Thika Coffee Mills and the Kenya Nut Company.[2] He is a shareholder in Kenya Alliance Insurance.[3] His other interests include sweet manufacturing, dairy farming, winery and Amazon Motors.[1]

Thika Coffee Mills[edit]

Thika Coffee Mills is a major private coffee miller in Kenya.[4]

Kenya Nut Company[edit]

Kenya Nut Company was founded in 1974 and has 2,500 employees.[5] It is a major player in the global macadamia nuts market.[6][7] In 2006, Kenya earned Kshs 2.3 billion (equivalent to US$33 million then) from macadamia nut exports.[8] Kenya Nut Company is the main exporter of macadamia nuts from Kenya.[9][10]

Tatu City[edit]

Ngugi is a shareholder in the Tatu City project[11] where partners include Renaissance Capital co-founder and millionaire Stephen Jennings.[12][13] Tatu City, a 2,500 acre (1,000 ha) live-work-play development 18 kilometers outside central Nairobi, is expected to be one of the largest real estate projects in Kenya's history and home to 100,000 residents.[14]

References[edit]

  1. ^ a b "Sons and daughters of Kiambu". 29 June 2020.
  2. ^ "Kenya's extreme winemaking high above the Equator". Independent.co.uk. 15 July 2011.
  3. ^ "A third of insurers risk ban for failing to comply with law - Corporate News". 15 December 2020.
  4. ^ "Private millers linked to cartels behind Nyeri coffee theft".
  5. ^ "Kenya Nut Co.LTD in thika | Growers". Archived from the original on 16 September 2016. Retrieved 3 September 2016.
  6. ^ "Macadamia Market Regulations and Competitive Landscape Outlook to 2026 -". 1 September 2016.
  7. ^ "Global Macadamia Nuts Market 2016 - Wondaree, MWT Foods, Nambucca Macnuts Pty Ltd, Golden Macadamias - openPR". 20 July 2016.
  8. ^ "Welcome to FreshPlaza".
  9. ^ "Pioniere auf dem globalen Nussmarkt".
  10. ^ "From Macadamia farming into a major processing operations. Success story of Pius Ngugi - Farmers#Trend". 14 November 2015.
  11. ^ "Local shareholders withdraw suits in Tatu City deal".
  12. ^ "Kiwi multi-millionaire says Africa holds big opportunities for NZ". 16 July 2016 – via New Zealand Herald.
  13. ^ "Tatu City boss Jennings endorses business partner".
  14. ^ City, Tatu. "Mixed-use development in Kenya's Special Economic Zone". www.tatucity.com.

External links[edit]