| Published Mon, November 26th 2018 at 09:46, Updated November 26th 2018 at 10:26 GMT +3Centum CEO James Mworia. [Photo: Courtesy]NAIROBI- Kenya’s Centum Investment Co said on Monday its first-half pretax profit surged 27 percent to Sh2.1 billion boosted by higher investment income. ALSO READ: How 'abuse' of nomination slots threatens Gender BillThe investment company says that Sh1.2 Billion realized gains from complete disposal of GenAfrica achieving an IRR of 29%. Its total assets rose to Sh67 billion from Sh66 billion closing the half year with a cash monetary balance of Sh1 billion. Centum company has been undertaking an upgrade of Two Rivers in Nairobi, Pearl Marina Development in Uganda and Vipingo Development located at Kilifi.

Source: Standard Digital November 26, 2018 07:18 UTC