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 27 – Centum Real Estate Limited, a subsidiary of the NSE-listed Centum Investment Company Plc, is looking to float a Sh4bn project bond to finance its ongoing housing projects. Proceeds from the bond will be allocated exclusively to the subsidiary’s ongoing affordable, middle-income and high-end housing projects in Kenya. Centum Real Estate […]
•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 […]
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 […]
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 […]
American conglomerate General Electric (GE) will walk away from an agreement to build Lamu’s 1,050-megawatt coal-fired power plant as it shifts to renewable energy. The move marks the latest setback for the proposed project by Amu Power, a joint venture in which Centum Investment Company is the majority shareholder with a 51 percent stake. “GE […]
Flame Tree Group (FTG) intends to issue a corporate bond to fund growth despite the reduced investor appetite following loss of money in Chase and Imperial bank securities. Chief executive Heril Bangera says in the latest annual report the firm is working on issuing the bond to help the Nairobi Securities Exchange-listed firm grow. Mr […]
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