Tag: Two Rivers


Kirubi Heiress Strikes New Goldmine

Chris Kirubi, who passed away in 2021 aged 80, owned a 31-percent stake in Centum Investments. The stake is today held by his son, Robert Kirubi, and daughter, Mary-Ann who inherited 80 percent of his fortune

Special Benefits Businesses at Two Rivers Will Enjoy in New Deal

Two Rivers stated that the SEZ would be the only one focused on the service sector in Nairobi. Enterprises operating in the SEZ will enjoy several benefits including various tax breaks.

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 estate investments.

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 Rivers is a mixed-use development known for its lifestyle offerings including the Two Rivers mall, apartments and recreational spaces.

Kenya’s property market to benefit from China initiative

Kenya’s notable projects aligned to China’s BRI include the Mombasa-Nairobi standard gauge railway and Mombasa port’s upgrade and modernisation programme

Nairobians spend Sh87.4 billion in hotels

Global Cities 2018 report states that Kenya is anticipating an increased demand for integrated mixed-use developments owing to an increase in annual household incomes and restaurants spending

Chris Kirubi offers lessons you will never learn in business class

Kirubi says success is earned and does not depend on luck.

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Safaricom Reveals Strategic Secrets at Ethiopia Investor Day

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Safaricom Investment Co-operative Pays Out Sh142.4 Million

Safaricom Investment Co-operative shareholders have approved a ksh142.4 million rebate payout during the 15th Annual General Meeting.

Firms Announce Merger Deal to Expand Services

Dalberg Implement, a leader in on-the-ground program implementation with vast expertise in strategy execution, and Axum, an Afrocentric impact firm dedicated to fostering inclusive growth across the Global South, have announced a merger.

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Ivon Priscar Living Kenya’s e-Commerce Dream in Grocery Shopping

As Kenya's informal sector continues to thrive, companies like Kapu serve as catalysts for economic empowerment and resilience.