Centum appoints Risper Alaro as Group Finance Director

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 appoints Risper Alaro as Group Finance Director

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 cleared in Coke, KRA battle over Sh3.7bn

Centum cleared in Coke, KRA battle over Sh3.7bn

Centum Investment Company #ticker:CTUM has been spared from compensating the buyer of its Coca-Cola bottling businesses Sh3.7 billion after the Supreme Court stopped the Kenya Revenue Authority (KRA) from demanding the billions. The company in 2019, sold its 27.6 percent stake in Nairobi Bottlers and 53.9 percent interest in Almasi Beverages — the owner of […]

Court throws out KRA's Sh5.6b tax demand from Coca-Cola

Court throws out KRA’s Sh5.6b tax demand from Coca-Cola

Coca-Cola had maintained that returnable containers used in packaging its drinks should not be subject to taxes The Supreme Court has thrown out Kenya Revenue Authority’s (KRA) Sh5.6 billion case against international soft drinks manufacturer, Coca-Cola company . The five-judge bench has at the same time released a Sh2.6 billion guarantee that had been sitting […]

Kenya: Centum Re Secures Shs17bn Investment From Gem As It Eyes More Investors

Kenya: Centum Re Secures Shs17bn Investment From Gem As It Eyes More Investors

Nairobi — Centum Real Estate Limited, a wholly-owned subsidiary of Centum Investment company has signed an agreement with GEM Global yield, the Luxembourg-based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to Shs17 billion for a 36-month term. The equity investment which is subject to Centum’s public […]

Consultancy firm demands share of Centum’s Sh17 billion deal

Consultancy firm demands share of Centum’s Sh17 billion deal

Centum Group CEO James Mworia during a past investor briefing/ A financial consultancy that helped Centum Investment Company’s real estate subsidiary Centum Real Estate to raise Sh17 billion through the issuance of new shares wants a share of the money. Raisin Limited has written to Centum Development Kenya Limited stating it had entered an agreement […]

Centum RE secures Shs17bn investment from GEM as it eyes more investors

Centum RE secures Shs17bn investment from GEM as it eyes more investors

Managing Director of Centum Plc, James Mworia NAIROBI, Kenya Jan 11 -Centum Real Estate Limited, a wholly-owned subsidiary of Centum Investment company has signed an agreement with GEM Global yield, the Luxembourg-based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to Shs17 billion for a 36-month term. […]

Centum RE secures Shs17bn investment from GEM as it eyes more investors

Centum RE secures Shs17bn investment from GEM as it eyes more investors

Managing Director of Centum Plc, James Mworia NAIROBI, Kenya Jan 11 -Centum Real Estate Limited, a wholly-owned subsidiary of Centum Investment company has signed an agreement with GEM Global yield, the Luxembourg-based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to Shs17 billion for a 36-month term. […]