Centum Real Estate managing director Samuel Kariuki. PHOTO | SALATON NJAU Centum Real Estate has posted 71.7 percent drop in net profit for the year ended March 31, 2021 owing to reduced demand of the residential units on the fallout of the coronavirus pandemic. The property developer, a subsidiary of listed Centum Investment Company , […]
Tag: XNAI_ICDC
Centum Subsidiary injects over Sh5.5 bn, creates 3,000 jobs in Vipingo
NAIROBI, Kenya, Jun 9- Vipingo Development a wholly-owned subsidiary of Nairobi Securities Exchange (NSE) listed Centum Investment has injected an estimated Sh5.5 billion into the Kilifi County economy and helped to create more than 3,000 jobs in two years, an economic impact survey has established. Vipingo Development has transformed Vipingo, into a bustling urban node […]
Centum share drops marginally as investors mourn Kirubi
Centum Investment board member Chris Kirubi and the firm’s managing director James Mworia at a past investor briefing held in Nairobi. The share price of Centum Investment, a Nairobi Securities Exchange diversified investment firm dropped marginally yesterday as investors following the death of business mogul Chris Kirubi. The share traded at Sh15.75 on Tuesday, 1.87 […]
Kenyan Business Mogul Dr. Chris Kirubi Dies at 80
The pioneer industrialist, stocks markets baron and beloved disc jockey Dr. Chris Kirubi has died at 80. The multimillionaire with a Midas touch and smooth-talking host of The Fuse on Capital FM succumbed to Colon cancer on 14 th June this year. Dr. Kirubi’s Notable Investments Dr. Chris Kirubi had investments in the media, manufacturing, […]
Centum CEO James Mworia eulogises chairman as a visionary man
NAIROBI, Kenya, Jun 19 – Centum Investments Chief Executive Officer James Mworia eulogized Dr Kirubi as a visionary man whose focus was not easily impaired by the challenges that may arise when he is working towards a certain goal. During the memorial service held in Karen Mworia said his faith in winning and accomplishing his […]
Centum Real Estate Limited earns Sh650mn profit
NAIROBI, Kenya, Jul 2- Centum Real Estate Limited has reported a consolidated profit of Sh650 million for the year ended March 31 2021, driven by profit from residential units, sales development rights, and gains on investment properties. Centum Real Estate defied the Covid-19 pandemic to record residential unit sale deposits of Sh1.8 billion in the […]
Centum Real Estate net profit drops 72pc to Sh650m
Centum Real Estate managing director Samuel Kariuki. PHOTO | SALATON NJAU Centum Real Estate has posted 71.7 percent drop in net profit for the year ended March 31, 2021 owing to reduced demand of the residential units on the fallout of the coronavirus pandemic. The property developer, a subsidiary of listed Centum Investment Company , […]
Centum share drops marginally as investors mourn Kirubi
Centum Investment board member Chris Kirubi and the firm’s managing director James Mworia at a past investor briefing held in Nairobi. The share price of Centum Investment, a Nairobi Securities Exchange diversified investment firm dropped marginally yesterday as investors following the death of business mogul Chris Kirubi. The share traded at Sh15.75 on Tuesday, 1.87 […]
Kenyan Business Mogul Dr. Chris Kirubi Dies at 80
The pioneer industrialist, stocks markets baron and beloved disc jockey Dr. Chris Kirubi has died at 80. The multimillionaire with a Midas touch and smooth-talking host of The Fuse on Capital FM succumbed to Colon cancer on 14 th June this year. Dr. Kirubi’s Notable Investments Dr. Chris Kirubi had investments in the media, manufacturing, […]
Centum Subsidiary injects over Sh5.5 bn, creates 3,000 jobs in Vipingo
NAIROBI, Kenya, Jun 9- Vipingo Development a wholly-owned subsidiary of Nairobi Securities Exchange (NSE) listed Centum Investment has injected an estimated Sh5.5 billion into the Kilifi County economy and helped to create more than 3,000 jobs in two years, an economic impact survey has established. Vipingo Development has transformed Vipingo, into a bustling urban node […]