Centum of Kenya Starts Secondary Trading in Uganda
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Centum Investment Co., East Africa’s biggest publicly traded company, started secondary trading on the Uganda Securities Exchange today as it broadens its operations outside Kenya.
Centum, based in Nairobi, Kenya’s capital, sold 4 million shares, and the stock rose as much as 2.3 percent to 670 Ugandan shillings ($0.29), its Chairman James Muguiyi told reporters today in Kampala.