Centum Real Estate Managing Director Samuel Kariuki. Centum Investment plans to raise Sh4 billion from local investors to finance its ongoing housing projects in Kenya. The investment firm said it will raise the funds through a bond issue by its development subsidiary Centum Real Estate. “Proceeds from the bond will be allocated exclusively to the […]
Centum Real Estate managing director Samuel Kariuki. Centum Real Estate Limited, a subsidiary of the NSE listed Centum Investment Company Plc, is looking to float a KSh4bn project bond to finance its ongoing housing construction projects. Proceeds from the bond will be allocated exclusively to the subsidiary’s ongoing affordable, middle-income and high-end housing projects in […]
Activists outside the Supreme Court in Nairobi after the National Environmental Tribunal blocked the construction of Lamu coal power plant on June 26, 2019. AFP PHOTO | NMG Amu Power is in talks with its partners in the stalled 1,050-megawatt coal-fired power plant in Lamu with a view to advance the project. The venture has […]
November, Wednesday 4, 2020: The top gainer of the day at the Nairobi Securities Exchange (NSE) was Flame Tree Group with 5.26 percent at the price of 1.40 shillings per share. WPP ScanGroup and British American Tobacco gained 3.17 and 2.68 percent at the price of 6.50 and 345.00 shillings per share respectively. Centum Investment […]
Tuesday, November 3, 2020: The top gainer of the day was Olympia Capital with 9.74 percent at the price of 2.14 shillings per share followed by Eveready East Africa with 7.07 percent at the price of 1.06 shillings per share. The East African Cables and Bamburi Cement gained 6.04 and 5.26 percent at the price […]
NAIROBI, Kenya, Oct 23 – Nabo Capital, a subsidiary of Centum Investment Company Plc, has launched a collective scheme that will provide up to 1.4 million boda boda riders with a tech-enabled savings and investments platform. The platform, launched today at Nairobi’s Pumwani Social Hall in an event presided by President Uhuru Kenyatta, will see […]
•The platform will see the boda riders build a nest egg by saving Sh50 per day. •The scheme will begin by enrolling 100 riders from each of the 47 counties, gradually building up to cover 1.4 million boda boda riders countrywide. Boda boda operators. Nabo Capital, a subsidiary of Centum Investment Company Plc, has launched […]
Coca-Cola Beverages Africa (CCBA) will not make new acquisitions in the local market in the near term as it focuses on integrating the businesses it has bought in recent months. CCBA Kenya managing director Xavier Selga has said the company is currently aligning Nairobi Bottlers and Almasi Beverages’ operations to those of the parent company’s […]
(KDRTV) – Christopher John Kirubi popularly known as Chris Kirubi is a Kenyan businessman, entrepreneur, and passionate industrialist. He is an inspiration to many people. The 79-year-old is a director at Centum Investment Company, a business conglomerate, in which he is the largest individual shareholder. Centum Investments is the largest publicly traded private capital firm […]
Dr. James Mwangi, Equity Group CEO addresses shareholders at Equity Group’s 16th Annual General Meeting in Nairobi . [Wilberforce Okwiri] Forget reinventing the wheel. If you want to make money at the stock exchange, then follow these 12 savviest investors whose collective investment in the top 20 listed companies is valued at Sh25.6 billion. They […]
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