By AGGREY OMBOKIMore by this AuthorBy NYABOGA KIAGEMore by this AuthorThe announcement of the impending auctioning of a modern, multimillion shilling office block in Kisii Town could signal a decline in the fortunes of the Ouru family. The Prime property, known as Ouru Plaza, sits on a 0.054 hectare parcel of land located along the main Kisii-Kisumu Highway next to the town’s old public vehicles terminus. In an advertisement in the Daily Nation on Monday, the firm put up the building for sale, leading to rumours and speculation on the fortunes of the famous Mogaka family. The Ourus own the building, as well as a number of other properties in Kisii Town, including the Ouru Discount Centre. BANK LOANThey are a scion of the Mogaka family that owns several properties in the town, including the Ouru Superstores, the Ouru Twin Towers, and Ouru Hyper Stores.

Source: Daily Nation September 28, 2016 18:33 UTC