MarketTransCentury Limited
Company Profile

TransCentury Limited

TransCentury Limited is an infrastructure company whose stock is listed on the Nairobi Securities Exchange (NSE) with three divisions across 14 countries in East, Central and Southern Africa.

Location
The company's headquarters are located in Nairobi, Kenya, with subsidiaries in the Democratic Republic of the Congo, Kenya, Mauritius, Tanzania, Uganda, Zambia and South Africa.{{cite web|title=TransCentury seeks nod to sell subsidiaries|last=Okoth | url=http://www.standardmedia.co.ke/business/article/2000110263/transcentury-seeks-nod-to-sell-subsidiaries|first=Jackson |date=26 April 2014 ==Overview==
Overview
TransCentury is an investment and infrastructure company that has grown from a club of 29 friends worth less than KES 30 million in 1997, to a private equity firm and later listing on the NSE. and a minority stake in Castle Brewery Kenya Limited (an SABMiller subsidiary), which it exited in 2002 when the brewer's parent firm pulled out of the local market{{cite web| url=http://www.businessdailyafrica.com/Corporate-News/Mbaru-sells-shares-in-TransCentury-valued-at-Sh108m/-/539550/2078596/-/gtaks/-/index.html In June 2014, TransCentury announced that it was going to invest a substantial sum from the RVR sale in a 35-megawatts geothermal power plant consortium in Menengai.{{cite web|accessdate=23 March 2016|last=Juma ==Member companies==
Member companies
The companies that comprise the TransCentury Group of companies include, but are not limited, to the following, . • East African Cables – Nairobi, Kenya: TransCentury's first major investment. It is a cable manufacturing company that is listed on the NSE as CABL. It has subsidiaries in Kenya and Tanzania and distribution networks across the Eastern Africa region. In 2014, TransCentury owned 64.3 percent of East African Cables. On 26 February 2014, TransCentury announced that it was in talks with Aureos East Africa Fund LLC to acquire all of the shares held by Aureos in East African Cables in exchange for shares of the company, by way of a share swap. This transaction increased the group's shareholding in East African Cables to 68.38%. TransCentury own 100% of Kewberg. • Tanelec – Arusha, Tanzania: Tanelec Limited offers comprehensive repair and service on switchgears and transformers. The company services Tanzania, Kenya, Uganda and Zambia. TransCentury owns 70% of Tanelec.{{cite web|title=About Us : History : Tanelec Limited • Cableries Du Congo – Kinshasa, DR Congo: A cable manufacturing and distribution company. TransCentury owns 100% of Cableries Du Congo. • Development Bank of KenyaNairobi, Kenya: A commercial bank in Kenya whose primary focus is to promote and develop commercially viable projects in Kenya. TransCentury owns 10.70% of Development Bank of Kenya with the balance held by ICDC.{{cite web|date=23 March 2016 ==Ownership==
Ownership
The shares of the TransCentury are listed on the Nairobi Securities Exchange under the symbol TCL. As of December 2014, the shareholding of TransCentury was as follows: ==Governance==
Governance
TransCentury is governed by an eight-person board of directors, with Shaka Kariuki as the chairman and Ng’ang’a Njiinu as the CEO.{{cite web|accessdate=4 August 2017 | date=4 August 2017 | url=http://www.businessdailyafrica.com/corporate/companies/Former-solicitor-general-Wanjuki-Muchemi-TransCentury-board/4003102-4044568-9lnje1z/index.html |title=TransCentury picks Wanjuki Muchemi for directorship amid management purge |newspaper=Business Daily Africa ==See also==
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