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Centum sinks into a Ksh.2 billion half-year loss
By Kepha Muiruri,
1559, November 27, 2020 (EAT)
Investment firm Centum Group has sunk into a Ksh.2 billion loss in six months of operations to September 30 from a profit of Ksh.6.8 billion at the sa...
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Centum Real Estate to issue Ksh.4B project bond for housing projects
By Citizen Reporter,
1011, October 27, 2020 (EAT)
Centum Real Estate Limited, a subsidiary of the NSE-listed Centum Investment Company Plc, is looking to float a Ksh.4billion project bond to finance i...
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Centum retains dividend at Ksh.1.20 per share as profits rise to Ksh.4.6B
By Kepha Muiruri,
1212, June 13, 2020 (EAT)
Centum Group has retained its shareholder pay out at Ksh. 1.20 a piece or a combined Ksh. 798million after booking a 12 percent growth in the year end...
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NSE listed corporate bonds fall to 5 as Centum exits
By Kepha Muiruri,
1558, June 8, 2020 (EAT)
The number of listed corporate bonds and commercial paper on the Nairobi Security Exchange (NSE) has fallen to five with Centum Investment retiring it...
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Stanbic Bank inks deal with Rotary for 700 sanitation stations in Kenya
By Citizen Reporter,
1238, May 13, 2020 (EAT)
Stanbic Bank’s flagship women’s proposition DADA has announced a partnership with the Rotary District 9212 that will see the bank invest in 700 sa...
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Mbiyu Koinange’s multi-billion estate to be shared equally among 12 beneficiaries, court rules
By Dzuya Walter,
1404, May 8, 2020 (EAT)
The High Court has finally delivered a judgement on the matter of the multi-billion estate of former Cabinet Minister Paul Mbiyu Koinange, one of the ...
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Centum sets aside Ksh.2.1 billion in anticipated losses from Amu Power
By Kepha Muiruri,
1734, November 28, 2019 (EAT)
Centum Investment has set aside Ksh.2.1 billion as provision for the eventuality of a loss from its funding of the distressed Amu Power Company. Th...
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Royal Media Services among top 100 best companies to work for in Kenya
By Ian Omondi,
2158, October 22, 2019 (EAT)
Royal Media Services (RMS) is one of the best companies to work for in Kenya, according to a new report released on Wednesday by Brighter Monday. T...
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Find out which type of real estate investor you are
By Citizen,
1812, September 11, 2019 (EAT)
By Gitonga Muriithi Real estate is one of the best ways to generate solid cash flow when done correctly. To benefit from the lucrative industry ...
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Sponsored: 5 important areas to inspect before buying a house
By Sponsored,
1656, August 22, 2019 (EAT)
By Gitonga Muriithi You’ve just identified a house you are interested in buying. What’s next? Inspecting it to ensure it is in a good, habitabl...
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Sponsored: Real estate investment myths
By Sponsored,
1640, July 15, 2019 (EAT)
By Gitonga Muriithi Myths often form the basis for fear and hold people back from taking on new opportunities. The same rings true when it comes to...
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Centum to sell soda business stake to Coca-Cola in Ksh.19B deal
By Kepha Muiruri,
930, June 13, 2019 (EAT)
Centum Investment Limited has entered an agreement which if successful will see the firm relinquish its entire stake in the soft drinks business to Co...
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Power from Kenya’s planned Lamu plant could cost 10 times more than estimated – Study
By Reuters,
1916, June 12, 2019 (EAT)
Electricity from a coal-fired power plant due to be built in Kenya by a Kenyan-Chinese consortium will cost consumers up to 10 times more than planned...
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Sponsored: The senior citizens’ Independent Living Communities
By Sponsored,
1628, June 10, 2019 (EAT)
By Benard Ojwaya With Kenya’s population estimated at 52 million and projected to rise to 66 million in 2030, senior citizens (60+) will account ...
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Sponsored: Transform your property today
By Sponsored,
2113, May 15, 2019 (EAT)
By Gitonga Muriithi Whether you are aiming to enjoy the home you are living in more or looking to increase the resale value of your property in the...
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SPONSORED: Centum real estate your trusted partner to home ownership
By Citizen Reporter,
1922, March 22, 2019 (EAT)
Real estate is one of the most attractive investment classes because it offers high and consistent returns and it is inflation proof. Furthermore, ...
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Amu Power signs Sh50bn deal with GE for Lamu coal power
By Mumbi Warui,
1901, May 16, 2018 (EAT)
Amu Power has signed a Sh50 billion deal with American conglomerate General Electric (GE) to design, construct and maintain the 1050 megawatt coal pow...
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Chief Justice Maraga named one of 100 most influential Africans
By Sally Boyani,
1452, December 7, 2017 (EAT)
Chief Justice David Maraga and TV host Julie Gichuru are among the top 100 most influential Africans, The New African Magazine has revealed. The Ne...
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Village Market unveils new mall extension
By Patrick Igunza,
1521, November 29, 2017 (EAT)
Kenya has once again proven the preferred gateway for international brands making entry into the East African region market. Three South African fi...
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Isuzu takes over GM operations following acquisition
By Dennis Otieno,
1959, August 2, 2017 (EAT)
General Motors East Africa has, effective August 1, changed its company name to Isuzu East Africa. This follows the acquisition of a 57.7 percent s...
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