•Talks have also been in place to privatize the Kenya Meat Commission, Development Bank of Kenya and five sugar millers—Chemelil, Sony, Nzoia, Miwani and Muhoroni. •These are among 26 poorly performing state corporations which have been targeted by the Privatisation Commission, which has approved their sale. The Kenya Ports Authority headquarters in Mombasa/FILE The Kenya […]
Photo: Courtesy The Kenya Revenue Authority (KRA) has moved to auction several containers of Tuborg beer that were dumped in its bonded warehouse by importers. In what might be a reflection of the tough times for those in the alcoholic drinks industry, the taxman listed King Beverage Ltd – which also has the franchise for […]
November, Wednesday 4, 2020: The top gainer of the day at the Nairobi Securities Exchange (NSE) was Flame Tree Group with 5.26 percent at the price of 1.40 shillings per share. WPP ScanGroup and British American Tobacco gained 3.17 and 2.68 percent at the price of 6.50 and 345.00 shillings per share respectively. Centum Investment […]
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 […]
Centum Investment CEO, Dr James Mworia (centre) admires the artistic model of Sabis International School, Runda during the launch of the school at Two Rivers Mall. [Photo: FILE] Centum Investment plans to raise Sh4 billion from local investors to finance the ongoing housing projects in Kenya To be floated through its development subsidiary Centum Real […]
Centum Real Estate plans to issue a Sh4 billion bond to finance ongoing housing projects, marking its first major borrowing since turning into a cash-generating unit in 2018. The firm, a subsidiary of the Nairobi bourse-listed Centum Investment Company #ticker:CTUM, said it is prepared to take as high as Sh6 billion should investors’ appetite exceed […]
Centum Real Estate Managing Director Samuel Kariuki. Centum Investment plans to raise Sh4 billion from local investors to finance its ongoing housing projects in Kenya. The investment firm said it will raise the funds through a bond issue by its development subsidiary Centum Real Estate. “Proceeds from the bond will be allocated exclusively to the […]
Centum Real Estate managing director Samuel Kariuki. Centum Real Estate Limited, a subsidiary of the NSE listed Centum Investment Company Plc, is looking to float a KSh4bn project bond to finance its ongoing housing construction projects. Proceeds from the bond will be allocated exclusively to the subsidiary’s ongoing affordable, middle-income and high-end housing projects in […]
Gauging through Scope: Global EMS-ODM Market, 2019-25 Augmented by various supportive market forces and elements, the global EMS-ODM market is anticipated to demonstrate a lingering growth stride in the coming years through the forecast span, 2019-25, reverberating a steady CAGR output. This well presented, highly researched market synopsis sets forth a thoroughly unbiased portrayal of […]
Activists outside the Supreme Court in Nairobi after the National Environmental Tribunal blocked the construction of Lamu coal power plant on June 26, 2019. AFP PHOTO | NMG Amu Power is in talks with its partners in the stalled 1,050-megawatt coal-fired power plant in Lamu with a view to advance the project. The venture has […]
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