Home business kenya WHO OWNS MODERN COST BUSES IN KENYA

WHO OWNS MODERN COST BUSES IN KENYA

SHARE

Modern Coast Buses Coaches Ltd is a luxury coach company incorporated on 26th May 2007 operating within Kenya, Uganda, Tanzania and Rwanda. Modern Coast Coaches is one of the most recognized luxury bus companies operating in the region. The company has over 60 branches in Kenya, 5 branches in Uganda, 7 branches in Tanzania and one branch in Rwanda.

The company started with a fleet of 6 brand new Scania buses and currently has a fleet of over 60 state of the art coaches. There are more than ten daily services of the air-conditioned buses from Mombasa and Nairobi with the rest being the non-air-conditioned services.

WHO OWNS MODERN COAST BUSES

The founder of Modern Coast buses was late Mombasa tycoon Shahid Pervez Butt who was shot dead on July 11, 2014 in Changamwe, Mombasa. Butt was linked to financing terrorism.

Before he died in a hail of bullets two and a half months ago, Mombasa tycoon Shahid Pervez Butt ran a secretive business empire, part of which was set up in the tax havens of the West, including the island of Jersey.

The true nature of Mr Butt’s wealth estimated at Sh5 billion is shrouded in secrecy, and the businessman himself was only occasionally brought to the limelight by disputes involving his commercial interests or criminal charges in court.

But the structure of Mr Butt’s vast estate can now be partly revealed after his widow, Regine Butt, and her mother moved to court early this month seeking to settle a property dispute with his first wife and her son. The case puts the empire Mr Butt built at the centre of one of Kenya’s biggest estate battles in recent years.

The businessman owned some 209 motor vehicles, mostly luxury buses in a fleet under his most prominent investment, Modern Coast buses Express Limited, a bus service that connects East Africa’s major towns. He also ran a logistics operation through Vantage Point Clearing and Forwarding and Vantage Road Transporters, serving clients transporting cargo to and from the port of Mombasa.

TRANSLINE CLASSIC OWNER AND BOOKING

EASY COACH ONLINE BOOKING AND OWNER

Loading...