The Kenyan Industrial sector is fast developing as new industries in being built in line with vision 2030. Even with the collapse of some giant companies like Mumias sugar company, most of the ancient ones are still surviving amidst the Covid 19 pandemic. Equally, privately owned industries are on the rise. Today, we focus on the billionaires who own the Menengai Oil Refineries company that has its headquarters in Nakuru Kenya.
In a brief history, Menengai Oilers was founded in 1988 by P.D shah and his father. It was later officially registered as a company by three brothers P.D Shah, K.D Shah, and A.D shah. The industry started as a soap manufacturing entity before venturing into edible oil in the year 1994.
In the year 2011, the company experienced a change over in leadership. The Rai group took over, revamping the operations of the company and improving the state of its machinery.
The Rai family is made up of Tarlochan Singh Rai, his wife Sarjit, and their four sons. The sons are Jaswant, Jasbir, Tajveer and Onkar. The entire family is actively involved in the ownership and management of the Menengai oilers limited.
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