Centum Investment Company

5 Articles
Centum Investment Group CEO James Mworia during the company's half year results and investor briefing on November 27, 2020. The virtual event took place at their Two Rivers offices in Nairobi. SALATON NJAU (NAIROBI)
BUSINESSMARKETS

Centum HY Results: Ksh662M Loss as Two Rivers Bleeds Cash

Similar to last year, the loss in the half-year ended September 2021 was driven by losses from Centum's Two Rivers Development and real...

Centum CEO James Mworia. A letter purportedly authored by ex employees has shareholders jittery. [Photo/ © Adriane Ohanesian/FT.com]
BUSINESSMARKETS

High-Stakes Battle for Centum Sends Stock Tumbling

Centum has interests in Real Estate, Private Equity (PE), Development and Marketable Securities. Primarily, the letter poked holes in the management, business and...

Cascadia Apartments in Gigiri, Nairobi. It is among Real estate ventures under the Centum umbrella. [Photo/ CentumRe]
BUSINESS

Centum Plots Ksh16 Billion Exit from Real Estate Subsidiary

The funds raised would be reinvested in stocks, bonds and private equity, reducing the noticeable prominence of real estate in Centum's portfolio.

Andrew Mukite Musangi addressing a past press conference at the Public Procurement Regulatory Authority (PPRA), which he chairs.
BUSINESSMARKETS

Kirubi’s Influential Son-in-Law Musangi Appointed to Centum Board

He is the son of Professor Richard Musangi, a scholar who became the pioneer Vice-Chancellor of Egerton University in 1987, and was in...

Centum Investment Company holds a 58 percent stake in Two Rivers Development Ltd. (TRDL), a 102-acre development.
BUSINESSMARKETS

Two Rivers Posts Ksh1.9 Billion Loss Denting Centum Prospects

Notably, Two Rivers Development Ltd. (TRDL) in which Centum holds a 58% stake posted a whopping Ksh1.9 billion loss for the year. Two...