News
A decision to maintain a dividend payout of Ksh 48.08 billion for the financial year ended March 2025 has placed shareholders of Kenya’s largest listed company in line for steady returns, marking continuity in capital distribution at a time of rising share performance. Safaricom confirmed the payout following
News
Safaricom’s SIG Forum Empowers SMEs as 3Verse Kenya Shares Award-Winning Branding Strategies: Inclusive of business support! At the latest Safaricom SIG (Special Interest Groups) Forum, Victor Kagema, Managing Partner at 3Verse Kenya Safaricom’s lead strategy and marketing agency delivered powerful branding insights to empower SMEs to attract and
News
As more Kenyans hold money digitally rather than in bank accounts, a new tool is emerging to help them do more with what they already have. Ziidi, a mobile-based savings and investment platform by Safaricom, is looking to shift idle funds from mobile wallets into money market investments, starting with
News
The Nairobi Securities Exchange (NSE) has revised initial margin requirements for equity futures contracts, signaling market stability for listed firms, including Safaricom. The adjustment, aligned with global risk management standards, reflects improved market conditions rather than concerns about volatility. Safaricom, the only telecommunications company listed on the NSE, continues to
News
Centum Investment Company has posted an impressive net profit of Sh431 million for the six months ending September 2024, marking a significant turnaround fueled by strong investment income and disciplined cost management strategies. The company also reported Sh2.2 billion in net operating cash flows during the period, generated from
News
Kenyan Real Estate Giant is delivering exceptional value by developing luxury communities that align with the aspirational lifestyles of many. These housing solutions cater to a range of markets, including affordable, mid-market, and high-end segments. The real estate sector is experiencing a continuous increase in housing demand each year, fueled
News
Centum Real Estate also known as Centum Re, was recently named as the top fastest-growing company to watch in 2024. Centum Real Estate, East Africa’s largest real estate developer, builds model cities and luxury green gated communities in Kenya and Uganda. The company, a subsidiary of Centum Investment Company
News
Centum Real Estate has handed over its sold-out apartments to buyers of the second phase of the Loft Residences, located within the Two Rivers commercial and residential complex in Nairobi. The company says the handover marks another milestone for Centum Re, which has completed thousands of homes in Nairobi, Kilifi,
News
Centum Real Estate Company has provided four-year scholarships to economically challenged students in Kilifi, facilitating their pursuit of secondary education. The program targets students who achieved a score of 320 marks or more in the 2023 Kenya Certificate of Primary Education, ensuring their educational continuity by covering associated fees. The
News
In the latest development, billionaire investor John Kibunga Kimani has expanded his holdings in Centum Investment Company Plc by acquiring additional shares valued at Sh48.8 million. This move has propelled his ownership stake to over five percent. Centum's most recent annual report reveals that Mr. Kimani now
News
Centum PLC, a prominent player in the investment landscape, has announced a significant proposal to distribute dividends amounting to Kes 400 million for the fiscal year 2023. The move reflects the company's commitment to delivering value to its shareholders and signifies its confidence in its financial performance and
News
Centum Investment Company Plc’s real estate subsidiary has reported a KES1 billion pre-tax profit in the year ended March 31 2023, marking a major turnaround for the business that reported a KES145 million loss before tax last year. Centum Real Estate profit rebound was driven by increased project completions