Money Matters: Centum CEO James Mworia

http://www.ntv.co.ke
He's one of Kenya's youngest CEO's at just 33 and James Mworia appears to know exactly where he is taking the company. He speaks to Larry Madowo about the firm's latest financial results, prime real estate in Kenya and Uganda and the future. He says the firm likes to compare itself to Berkshire Hathaway rather than Kenya's Trans Century

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[MrTitopaul]

keep it up bro. u r doing a good job.

[JOmondi1]

@drsugarcane: You can also see that much of what this guy is saying is mastered from business magazines and principles of mdern imperialism which is the rich getting richer while teh poor gets poorer. Kenya must grace itself for very dangerous times. The real heroes are not people like Mworia but the thousands of unsung heroes in the JuaKali sector who have maintained our economy & people all these years. What they need is loans to up their activities thro added value like the Japanese did.

[drsugarcane]

@JOmondi1 you're right housing in Kenya is about to burst. Here is why: Inflation is forcing the CBK to raise interest rates to mop up excess liquidity. This will mean buyers will find it expensive to buy homes. Fewer buyers will mean housing prices will come down which leads to homeowners owing more on their mortgage than their houses are worth leading to foreclosures. This will also affect banks so don't buy bank stocks.

[drsugarcane]

The future Buffett, Soros, Paulson's of Kenya. Keep it up.

[rasobasiczar]

Great Stuff Mworia.. ! Keep on..! Really inspiring!!!

[timszon]

Mworia alipata cheo kutoka kwa familia ya kitajiri

[TheTomcatt999]

this guy has a feel of the market and is evidently educated on the bizz arena. big up's.

[JOmondi1]

We cannot deny that the world is in trouble because of these kind of investemets, (i.e, startegy, delivering returns, moving on to new opportunities, exiting, redeploying etc. Opportunities in real estate is what has plunged the world into economic woes USA to Europe. The UK govt. has created bodies like the FSA to try and regulate operations of such companies to cushion the public from major losses. But I must congratulate Mr Mworia for his insight into investments (acquisitions & sales).

[JOmondi1]

Bla, bla, bla,......... A culmination of efforts (stealing from the poor to become world class) ati a people's perspective......... How much of teh returns goes back to public service (conservation, charity, etc?) I'm not against this young hardworkingKenyan but we must be very careful especially about the housing market in Kenya. This methodology of many years experience of buying and moving on is not going to be healthy for a young economy like ours investors in rea estate beware.

[jaxtrade]

Mr. Mworia is one of many breathtakingly impressive young leaders in Kenya today. Kenya Is finally ready for the big 'big time'. The only thing standing in the way is the tired and corrupt dead woods that are still sitting in parliament, in state house, prime minister's office and the judiciary. These kitendawili and mafi ya kuku wazees need to give way for progress starting 2012.