July 3, 2024

Billionaire Jaswant Rai meets King Charles III after loggerheads with Ruto

3 min read
Billionaire Jaswant Rai meets King Charles III

Billionaire Rai among the leaders who met King Charles III as he began his four-day tour in Kenya

Billionaire Rai among the leaders who met King Charles III as he began his four-day tour in Kenya.

According to a video shared online, the pair crossed paths at the entrance of a Nairobi building.

Rai was seen standing with other leaders when he greeted the King.

A man is heard introducing him to the King “That is Mzee Rai” he said.

It is, however, not clear where the leaders were.

The visiting member of the royal family was accompanied by Prime Cabinet Secretary Musalia Mudavadi and other government officials.

While the exact building is yet to be known, preliminary reports indicate that the duo met at the Garage Building in Westlands Nairobi.

As per the itinerary of King Charles III, he had scheduled engagements at the Nairobi Garage, where he met with various youth groups who presented their technological and environmental projects. 

“His Majesty will attend a technology showcase, meeting Kenyan entrepreneurs who are driving forward innovation in the country’s tech sector. Kenya has the third largest start-up eco-system in Africa,” read the programme in part.

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This was the first time Rai was making an appearance in public after getting at loggerheads with President William Ruto.

Rai went missing on August 25 in the Kilimani area and his alleged abduction was captured on CCTV.

Ruto had accused the businessman of being part of the cartels frustrating government reforms in the sugar industry. 

Notably, he first used his mambo ni matatu phrase to warn the billionaire. According to Ruto, the billionaire was to either flee the country, go to jail, or go to heaven lest he reformed. 

Rai is known by the chain of businesses under his leadership. The businesses extend to other East African countries.

He is believed to control at least 43 percent of the sugar business in Kenya; West Kenya Sugar, which owns Kabras Sugar, Sukari Industries, and Olepito.

The family-owned conglomerate has interests in other industries including cement production, horticulture, edible oils, sawmilling, and real estate.

He controls among other companies Rai Cement, Menengai Oil Refineries, Timsales, RaiPly, and Webuye Panpaper.

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