Centum Investment has partnered with the ministry of Public Service Youth and Gender Affairs under the department of National Youth Service.
In the MOU, Centum Investment which is headed by James Mworia will give the youth an opportunity to participate in internships within the Group. The opportunity is expected to prepare them for the job market and offer on-the-job experience and training.
The Group’s Chairman Chris Kirubi alias CK expressed his excitement on twitter noting that the Partnership will help create more jobs. According to the chairman, the MOU focuses on the Youth and how to align them with the Big 4 Agenda. “We have restructured the NYS and this MOU will open a new front for the trained youth to serve the nation better.
However, other people are reading malice in the deal which came after the Government announced it could licence security guards in the wake of Dusit Attack.
The Group, which specializes in growth, development capital and buyouts, in November last year announced Ksh. 2.39 Billion half-year pretax profit.
Centum Investment primarily invests in agriculture, education, healthcare, energy, financial services, FMCGs, information and communication technology, agribusiness, real estate, financial sector, power, insurance; beverage sector, carbonated soft drinks, alcoholic and non-alcoholic beverages; food; automotive; publishing; and catering sectors.