Ruto withdraws from Weston Hotel ownership as family takes charge

President Ruto Withdraws from Weston Hotel Ownership as Family Takes Charge Charlene Ruto Becomes Major Shareholder

President William Ruto has been removed from the list of directors and shareholders at Weston Hotel, transferring full ownership to his family.

First Lady Rachel Ruto now holds 52. 56% of the hotel, while their daughter, Charlene Chelagat Ruto, owns 35. 05%.

Dubai-based Premier Group holds 10. 5%, and 1. 89% is owned by Matiny Ltd, associated with Mrs. Ruto.

These ownership changes come as Weston Hotel solidifies its reputation within Nairobi’s hospitality sector. Situated in Lang’ata and conveniently near Wilson Airport, it has become a preferred venue for high-profile events.

Over the years, the hotel has built strong relationships with government departments, securing contracts that reinforce its status as a favored business in Kenya.

Despite President Ruto’s assertions of having no ties to the hotel, the recent ownership shift and the hotel’s growing involvement in government dealings raise new questions about the links between politics and business.

The hotel’s interactions with various state agencies have attracted attention, highlighting the increasing connection between Ruto family business interests and their political influence, a topic of ongoing public discussion.

Currently, there are no laws in Kenya mandating public officials to divest from personal businesses, yet the issues of transparency and accountability remain hotly debated.