What I wanna know is... how much of the 'gain' shown is from 'unrealized gains' from Real Estate...

With interest rates rising in Uganda & Kenya, not many will or can borrow to buy houses or properties thus the demand will drop = lower valuations for the properties!

2 months ago he was voted among one of Africa's youngest power men. Trancentury CEO was also awarded.

Excerpts:

At only 33, reads the citation, Mworia is the chief executive officer of Centum, one of East Africa’s largest private equity firms.

Centum has a cross-listing on both the Nairobi and Ugandan stock exchanges, and has substantial regional equity investments in blue chips like Coca-Cola, UAP Insurance and Kenya Commercial Bank.
Mworia has been instrumental in pursuing Centum’s regional expansion into new territory like Mauritius and Nigeria, adds the citation.


On the other hand, Dr Kiuna is noted as having bagged a PhD in biotechnology from Cambridge at the age of 24.

He went on to work for McKinsey & Company in Johannesburg where he helped in advising corporate clients on strategy and finance; advised the government of Kenya on the development of the Vision 2030 project.

Now 33, the citation reads, Gachao sits at the helm of affairs of the Nairobi Stock Exchange-listed private equity powerhouse Transcentury Group.

The company’s diversified portfolio is spread across sectors such as financial services, food and agriculture, energy, real estate and infrastructure in both East and South Africa.

The number of people borrowing to acquire real estate in EA is neglible and the level of housing demand continues to rise with the population housing mismatch..

The number of total mortgage holders in kenya is only 15,500... Thats less than the number of students in UON..

I dont see how interest rate hikes will affect housing valuations for EA...

Boss,he does nothing special!!!Ask Henry Ford....hire those who know-researchers included and pay them well!!!

But surely, if he's doing no thing special, then everyone ought to make same level of achievement in their own field?
Something about his personality, his network, and of course the hard skills I reckon. Can't be ordinary - otherwise he would not be at the helm of such a firm?