Dr James Mworia, Centum Group CEO(third-right), Mr Kenneth Mbae, Centum Real Estate Managing Director (third-left), Mr Devendra Hirani (centre) of Seyani Construction and the Centum Real estate team during a construction inspection tour of Loft Residences at Two Rivers. Centum RE broke ground on phase 1 of its Mzizi Court housing project at the Two […]
Tag: XNAI_ICDC
Centum tightens grip on Sidian with rights issue
Centum Investment Group Chief Executive Officer James Mworia. [Moses Omusula, Standard] Centum Investment and its subsidiary Bakki Holdico Ltd have raised their combined stake in Sidian Bank to 83.41 per cent through a rights issue. Sidian Bank disclosed in its latest annual report that only Centum and Bakki—a wholly-owned subsidiary of Centum—participated in the rights […]
Centum tightens grip on Sidian with rights issue
Centum Investment Group Chief Executive Officer James Mworia. [Moses Omusula, Standard] Centum Investment and its subsidiary Bakki Holdico Ltd have raised their combined stake in Sidian Bank to 83.41 per cent through a rights issue. Sidian Bank disclosed in its latest annual report that only Centum and Bakki—a wholly-owned subsidiary of Centum—participated in the rights […]
Centum says Two Rivers units overbooked
Centum Re has broken ground on the first phase of its residential housing units nestled within the 102-acre Two Rivers development complex. This was after the units were overbooked by more than half. Centum Re Managing Director Mr Kenneth Mbae said 450 customers have already paid cash deposits committing to buy the apartments overshooting the […]
Centum seeks funding for geothermal plant
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 […]
Kenneth Mbae: Intern who rose to manage Sh24b property portfolio
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 seeks funding for geothermal plant
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 […]
450 Customers Book For 270 Centum’s Mzizi Apartments On Groundbreaking
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 […]
450 Customers Book For 270 Centum’s Mzizi Apartments On Groundbreaking
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 […]
Centum Real Estate appoints Kenneth Mbae as new MD
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 […]