Kenyan billionaire John Kibunga Kimani lifts his Centum stake to 11.51%
John Kibunga Kimani raised his Centum stake to 11.51% in the year to March 2026, from 1.24% five years ago, buying 7.19 million more shares.
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John Kibunga Kimani raised his Centum stake to 11.51% in the year to March 2026, from 1.24% five years ago, buying 7.19 million more shares.
Centum, linked to the late Chris Kirubi’s estate, has sold its remaining Sidian Bank stake, ending a 25-year investment.
Heading into its 2026 fiscal year, the company has firmly established itself as a major force in shaping the future of cities in Kenya and Uganda.
His move comes as shares remain attractively priced on the Nairobi Securities Exchange.
Centum Investment Plc is controlled by Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire
Kirubi died last year at the age of 80 following a four-year battle with illness.
Since the year began, his net worth has declined by $44.2 million, or seven basis points.
Centum is a leading East African investment company with investments in real estate and private-equity assets.
Centum Investment Company has declared a loss of $12.6 million at the end of its 2021 accounting year.
The multimillionaire industrialist held a 30.08-percent stake in the leading investment group.