Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Centum businesses grapple with loans as parent is debt-free
While the holding company became debt-free, the risk of debt has grown in the portfolio companies according to disclosures in Centum’s latest annual report.
After many years, Centum Investment Company became a debt-free holding company in the year ended March 2026.
The Nairobi Securities Exchange-listed firm had used large amounts of debt to fund its expansion, sometimes borrowing and issuing guarantees on behalf of subsidiaries which also contracted debt on their own in some cases.
