Centum

27 Articles
Centum Plc CEO James Mworia.
BUSINESS

Centum Falls Short of Share Buyback Target After Repurchasing 10.8 Million Shares

A multi-year effort by Centum Investment Company to buy back its own shares has come to an end, with the company purchasing only...

James Mworia - Centum Investment CEO
BUSINESS

Centum Posts Ksh472M Profit as Liabilities Fall 20%

Centum Investment Company has posted stronger half-year results, supported by better performance in its real estate projects and a major drop in liabilities....

James Mworia - Centum Investment CEO
BUSINESSSTOCKS

Management Explains Centum Profit Warning

Management has issued Centum profit warning for the financial year ending 31st March 2025, saying net profit will be at least 25% lower...

BUSINESSFEATURED ARTICLE

Centum: Kirubis Brace for Big Loss

Centum Investment Company Plc has issued  a profit warning, with the firm expecting its net earnings for the full year ended 31st March...

Centum RE CEO Kenneth Mbae. Centum RE's operating expenses grew to Ksh748.4 million in the year ended March 2023 up from from Ksh502.1 million the previous year. [Photo/ Centum RE]
BUSINESSREAL ESTATE

Turnaround as Centum RE Posts Ksh174M Net Profit

Centum Real Estate, the property arm of Nairobi Securities Exchange (NSE)-listed Centum Investment Company, recorded Ksh174 million in profit after tax in the...

Maryanne Musangi. The gazettement of Two Rivers Financial Centre as a special economic zone is expected to boost the prospects of the Two Rivers Development, which in recent times has been posting losses. [Photo/ NMG]
BUSINESSFEATURED ARTICLEPERSON OF INTEREST

Kirubi Heiress Strikes New Goldmine

Mary Anne Musangi, heiress to the late Kenyan mogul Chris Kirubi's multi-billion shilling empire, achieved a new milestone in her quest to put...

Centum Chief Executive James Mworia
BUSINESS

Centum Exits Buyout Deal With Access Bank

Centum Investment Company PLC has abandoned a buyout deal with Nigerian lender Access Bank. In a statement on Thursday, January 12, 2022, Centum...

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)
FEATURED ARTICLE

James Mworia: How His Salary Dropped From Ksh1 Million A Day To Ksh125,000

In the year ended March 31, 2017, it was revealed that Centum Investment Company CEO James Mworia earned Ksh375.6 million, or Ksh1 million...

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 Investment Company Plc stock fell 8.86% on Thursday, November 11 to close at Ksh15.95 at the Nairobi Securities Exchange (NSE) - a...