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HomeWealthMoses Kuria: Business Ventures Owned By Kenya's Trade CS

Moses Kuria: Business Ventures Owned By Kenya’s Trade CS

Moses Kuria is currently serving as the Cabinet Secretary for Investments, Trade and Industry (MITI).

He has also made a name for himself as an accomplished businessman in Kenya. His entrepreneurial journey is one that inspires many, as he quit his job to build a thriving business empire.

In this article, WoK takes a closer look at the companies owned by the CS.

Fanaka TV

Founded in 2018, Fanaka TV operates a broadcast licence airing a wide range of content ranging from business discussions, seminars and business news features.

Former Citizen TV news anchor Terryanne Chebet was the media station’s first CEO after its establishment.

The founding CEO was former beauty queen and Miss Kenya 2015 Charity Mwangi, a resident of Gatundu South.

Kuria launched the TV channel in April 2017 as an entertainment station to provide jobs and other opportunities for young people mainly from his constituency.

Emerging Human Capital

Kuria was the director of the company for 17 years, between 2001 and 2018.

Emerging Human Capital said to be involved in the transportation of workers from Kenya to the Middle East and other destinations.

In a recent interview, the CS explained that the company stopped operations in Kenya about five years ago.

Kuria also explained that he had not ventured into politics by the time he founded the company alongside his business partners.

“I was not a prominent person in 2001 when the company was founded. I can’t, therefore, be linked to any hindrance of the said-regulations,” he said.

First Malawi

According to Tuko, the controversial CS has also invested in the real estate sector and he owns a building dubbed, First Malawi, in Malawi.

Moses Kuria networth

Kuria is worth approximately Ksh 750 million.

The CS made the revelation when he appeared before the National Assembly’s Committee on Appointments for vetting.

The net worth comprises real estate developments, shares held in unlisted companies in my business concerns, manufacturing, fintech and in the energy sector.

He also explained that he entered the job market in 1994, a year after graduating from the University of Nairobi (UoN).

Kuria graduated with a Bachelor of Commerce degree, specializing in Accounting in Finance.

In 1994, he worked as an auditor at Family Finance and Building Society. In 1995, he became the head of business process re-engineering at All Rajhi bank in Saudi Arabia.

In 2007, he was chief operating officer at Wamad Information Service in Dubai. The same year, he joined the political arena by working for President Mwai Kibaki.

He worked for the Party of National Unity (PNU) as the party’s spokesman and director of programs. 

In 2013, he became the Member of parliament for Gatundu South Constituency. He was elected to the position after it fell vacant after Jossy Ngugi, who was elected through the TNA party and had just passed away.