Kenneth Mbae (in white polo-shirt) Managing Director Centum Real Estate and James Mworia, CEO of Centum Investment (blue polo shirt) during a construction inspection visit of Loft Residences at Two Rivers Development [Courtesy] Few have handled multi-billion transactions before hitting age 35. Mr Kenneth Mbae is among these few. Mr Mbae was recently announced as […]
Centum Investment Company #ticker:CTUM is seeking strategic investors to raise capital for the multibillion shilling 70-megawatt (MW) project in the Akiira Valley of Olkaria, Naivasha after confirming geothermal resources. Centum’s renewable energy company Akiira Geothermal in 2020 turned to KenGen for help in its steam generation quest after the two wells it sank in Naivasha […]
KEY POINTS Phase 1 of the project comprises 270 one, two, and three-bedroom apartments that are competitively priced from 4.9 million shillings, with a flexible payment plan. Centum RE has broken ground on phase 1 of its Mzizi Court housing project at the Two Rivers development complex, which recorded a more than one-and-a-half times overbooking […]
NAIROBI, Kenya March 18-Centum Real Estate Limited has appointed Kenneth Mbae as its new Managing Director effective March 17, 2022. Mbae will take over from Samuel Kariuki, who has resigned to pursue other interests. Prior to this appointment, Mbae served as the Chief Operating Officer of Centum Re overseeing operations in Kenya and Uganda. He […]
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ The Nairobi Securities Exchange (NSE) sees a positive outlook for the private bond market in Kenya, urging investors to seize the opportunity to reap dividends. Speaking at the official launch of trade on Kenya Mortgage Refinance Company PLC (KMRC) bond at the bourse, […]
Risper Alaro appointed as Group Finance Director at Centum [Courtesy] Centum Investment Company PLC has appointed Risper Alaro as the Group Finance Director effective March 15, 2022. Alaro, who was on a three-year sabbatical leave, previously served Centum in various leadership capacities for a period of 18 years. She established Centum Business Solutions Ltd and […]
Risper Alaro appointed as Group Finance Director at Centum [Courtesy] Centum Investment Company PLC has appointed Risper Alaro as the Group Finance Director effective March 15, 2022. Alaro, who was on a three-year sabbatical leave, previously served Centum in various leadership capacities for a period of 18 years. She established Centum Business Solutions Ltd and […]
Centum Finance director Risper Alaro Alaro rejoins Centum after being away on sabbatical leave, she takes over the role from Wambua Kimeu, who has resigned to pursue other interests after working at Centum for a total of 7 years. She established Centum Business Solutions Ltd and served as its first Managing Director from 2014, leading […]
Whenever government-issued infrastructure bonds come up for auction, they spur investor participation owing to their good returns and tax-free nature. Investors at the NSE, however are less active until the Kenya general election takes place in August. PHOTO | FILE The EastAfrican has learnt that NSE’s desertion has also been compounded by shrinking household incomes […]
Ongoing construction of the Pangani Affordable Housing Programme on January 21, 20222 The first tranche of the Sh10.5 billion unsecured Medium-Term Note (MTN) issued by Kenya Mortgage Refinance Company (KMRC) has been oversubscribed by 480 per cent. The state-owned mortgage financier issued Sh1.4 billion mid-last month but received offers worth Sh8.1 billion. The Capital Markets […]
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