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 has interests in Real Estate, Private Equity (PE), Development and Marketable Securities. Primarily, the letter poked holes in the management, business and...
The funds raised would be reinvested in stocks, bonds and private equity, reducing the noticeable prominence of real estate in Centum's portfolio.
He is the son of Professor Richard Musangi, a scholar who became the pioneer Vice-Chancellor of Egerton University in 1987, and was in...
Notably, Two Rivers Development Ltd. (TRDL) in which Centum holds a 58% stake posted a whopping Ksh1.9 billion loss for the year. Two...