Top Gainer The top gainer of the day at the Nairobi Securities Exchange was Uchumi Supermarket with 10.10 percent at the price of 0.22 shillings per share followed by Sasini with 7.43 percent at the price of 21.70 shillings per share. Umeme and Kakuzi gained 6.21 and 5.73 percent at the price of 6.50 and […]
Longhorn Publishers Plc recorded a net profit of Sh15 million in the year ended December, reversing a net loss of Sh145.3 million a year earlier. The improved earnings was driven by higher sales which more than tripled to Sh960.9 million amid increased purchase of books and other learning materials. The company did not say whether […]
Kenyan billionaire investor John Kibunga Kimani. In 2018, Billionaire investor at the Nairobi Stock Exchange (NSE), John Kibunga Kimani, set up a foundation valued at Ksh93 million to give back to Kakuzi squatters, a society he spent his childhood in. At the time, Kibunga explained that he wanted to empower the community and dedicated his […]
Centum Investment Group cut its half-year losses by 67 per cent on the back of increased revenues across its business lines. The net loss for the half-year ended September 2021 was Sh662.1 million compared to Sh1.98 billion loss that the diversified investment firm posted in a similar period in 2020. “We have seen improved performance […]
Centum Investment Company ( NSE:CTUM ) has announced a dividend policy that will see shareholders receive 30 percent of investment income annually, as the firm moves to make itself more attractive to investors. The company has said it targets to strengthen its balance sheet by reducing finance costs and operating expenses to below 50 percent […]
Isuzu East Africa Vehicle Assembly plant staff at work along Mombasa Road in 2018. The firm’s buses conform to the new body building standards, KS 372-2014. FILE PHOTO | COURTESY Centum Group posted a net loss of $12.14 million during the financial year ended March 31, 2021 compared with a net profit of $41.25 million […]
Centum Investment Group said Friday it is in advanced talks to acquire three undisclosed Kenyan companies months after making a string of exits. Centum Capital Partners, a wholly-owned and independently managed subsidiary of the Centum Group, said it plans to invest up to Sh5 billion over the next five years in diverse sectors of the […]
This letter lays out the sham of leadership and management that has been going on at Centum Investment Company. You need to carefully analyze the audited financial statements going back the last 5 years to verify the facts that are laid out in this letter. If it were a private limited company, then there would […]
Centum Capital Partners intends to acquire three companies in Kenya and two others in the region over the next five years The company said it is scouting for already profitable businesses that are looking for growth capital This comes amid the firm’s recent exits from Almasi Beverages, UAP Insurance and Kenya Wine Agencies Limited Centum […]
KEY POINTS Nairobi Business Ventures was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.09 percent at the price of 7.32 shillings per share. Nairobi Business Ventures was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.09 percent at the price […]
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