Naivas Supermarkets chairman Simon Gashwe Mukuha has died.
Mr Gashwe is said to have passed on while receiving treatment at the Aga Khan Hospital.
It is said that he suffered a stroke on Saturday before succumbing on Monday evening.
The bereaved family has promised to divulge burial arrangements at a later date.
Gashwe was one of the four directors with a 25 per cent stake in one of Kenya’s largest supermarkets.
Naivas founder Peter Kago, died in 2010 and left his children in charge of the business.