President William Ruto has officially stepped away from his involvement in Weston Hotel, as the ownership of the establishment has now been fully transferred to his family.
This move marks a big shift in the hotel’s ownership structure, with the President’s name no longer appearing on the list of directors or shareholders.
Instead, the First Lady, Rachel Ruto, has taken the majority stake in the hotel, holding 52.56% of the shares. Their daughter, Charlene Chelagat Ruto, now controls 35.05% of the business.
Additionally, Premier Group, a Dubai-based company, owns 10.5% of the hotel, while Matiny Ltd, a company linked to Mrs. Ruto, holds the remaining 1.89%.
This change in ownership comes at a time when Weston Hotel has firmly established itself as a key player in Nairobi’s hospitality industry.
Situated in the Lang’ata area and strategically located near Wilson Airport, Weston Hotel has become a popular destination for high-profile events and gatherings.
Its prime location and reputation for quality service have made it a preferred choice for both local and international guests.
Over the years, the hotel has also developed strong connections with various government departments, securing numerous contracts that have further cemented its status as a leading business in the country.
These ties have not only contributed to the hotel’s success but have also sparked discussions about the relationship between business and politics in Kenya.
Despite President Ruto’s repeated denials of any ongoing involvement with the hotel, the recent changes in ownership have reignited debates about the intersection of political power and private business interests.
The fact that the hotel continues to benefit from government contracts has raised questions about transparency and accountability.
While Kenyan law does not currently require public officials to divest from their private businesses, the growing influence of the Ruto family in both the political and business spheres has become a topic of public concern.
Critics argue that such connections could create conflicts of interest, potentially undermining public trust in the government.
The prominence of Weston Hotel in Nairobi’s hospitality sector is undeniable, and its success has been closely tied to its strategic location and strong business relationships.
However, the hotel’s growing influence and its connections to the Ruto family have brought the issue of political accountability to the forefront.
Many are calling for clearer regulations to ensure that public officials maintain a clear separation between their political roles and private business interests.
For now, the shift in ownership has placed the spotlight on the Ruto family’s business dealings.
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