By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

News Junction

Notification Show More
Font ResizerAa
  • Home
  • World News
    World NewsShow More
    Trump reportedly is set to accept a jet from Qatar’s ruling family for possible use as Air Force One
    Trump reportedly is set to accept a jet from Qatar’s ruling family for possible use as Air Force One
    May 11, 2025
    US-China talks resume as Trump hails ‘total reset’ in trade relations
    US-China talks resume as Trump hails ‘total reset’ in trade relations
    May 11, 2025
    UK plans to end ‘failed experiment’ in immigration
    UK plans to end ‘failed experiment’ in immigration
    May 11, 2025
    Vladimir Putin’s offer of direct talks with Ukraine is the latest attempt to avoid committing to a 30-day ceasefire | World News
    Vladimir Putin’s offer of direct talks with Ukraine is the latest attempt to avoid committing to a 30-day ceasefire | World News
    May 11, 2025
    Putin proposes direct Russia-Ukraine talks in Istanbul on May 15 | Russia-Ukraine war News
    Putin proposes direct Russia-Ukraine talks in Istanbul on May 15 | Russia-Ukraine war News
    May 11, 2025
  • Business
    BusinessShow More
    Ukraine blows up bridges to consolidate its positions in Russia
    Ukraine blows up bridges to consolidate its positions in Russia
    August 18, 2024
    Commentary: AI phones from Google and Apple will erode trust in everything
    Commentary: AI phones from Google and Apple will erode trust in everything
    August 18, 2024
    The most famous Indian Dishes – Insights Success
    The most famous Indian Dishes – Insights Success
    August 18, 2024
    Life on the road as a female long rides cyclist
    Life on the road as a female long rides cyclist
    August 18, 2024
    UK inflation rises to 2.2%
    UK inflation rises to 2.2%
    August 18, 2024
  • Cryptocurrency
    CryptocurrencyShow More
    XRP, Dogecoin surges as Bitcoin Pepe launch nears
    XRP, Dogecoin surges as Bitcoin Pepe launch nears
    May 12, 2025
    Pepe price jumps 40% on Bitcoin rally
    Pepe price jumps 40% on Bitcoin rally
    May 12, 2025
    Crypto Weekly Roundup: Ethereum Pectra Upgrade Goes Live, Meta Mulls Stablecoins, & More
    Crypto Weekly Roundup: Ethereum Pectra Upgrade Goes Live, Meta Mulls Stablecoins, & More
    May 11, 2025
    Analyst Tips Ethereum To Rival Bitcoin In The Long Run
    Analyst Tips Ethereum To Rival Bitcoin In The Long Run
    May 11, 2025
    Bitcoin Price (BTC) News: 5K in Play
    Bitcoin Price (BTC) News: $105K in Play
    May 11, 2025
  • Technology
    TechnologyShow More
    How to Improve Your Spotify Recommendations
    How to Improve Your Spotify Recommendations
    August 18, 2024
    X says it’s closing operations in Brazil
    X says it’s closing operations in Brazil
    August 18, 2024
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    August 18, 2024
    Scientists Want to See Videos of Your Cat for a New Study
    Scientists Want to See Videos of Your Cat for a New Study
    August 18, 2024
    OpenAI’s new voice mode let me talk with my phone, not to it
    OpenAI’s new voice mode let me talk with my phone, not to it
    August 18, 2024
  • Entertainment
  • Sports News
  • People
  • Trend
Reading: Kenneth Mbae: The ‘tea boy’ running multibillion-shilling real estate firm
Share
Font ResizerAa

News Junction

  • World News
  • Business
  • Technology
  • Cryptocurrency
  • Trend
  • Entertainment
Search
  • Recent Headlines in Entertainment, World News, and Cryptocurrency – NewsJunction
  • World News
  • Business
  • Cryptocurrency
  • Technology
  • Entertainment
  • Sports News
  • People
  • Trend
Have an existing account? Sign In
Follow US
News Junction > Blog > Business > Kenneth Mbae: The ‘tea boy’ running multibillion-shilling real estate firm
Kenneth Mbae: The ‘tea boy’ running multibillion-shilling real estate firm
Business

Kenneth Mbae: The ‘tea boy’ running multibillion-shilling real estate firm

Published August 11, 2023
Share
13 Min Read
SHARE

Contents
ProfilesKenneth Mbae: The ‘tea boy’ running multibillion-shilling real estate firmHow was your childhood?Why did you go to boarding school so early?Charging parking?What did you like about real estate?That’s fascinating.What dreams did you have?Would you take your children to boarding school at the age you went to school?When you have an office like this, towards the top of the food chain, do you find that you struggle to make time to be a dad?What are some of the things that occupy your mind now at 36?What are you insecure about?You have a very boyish face. How does that play with the kind of position you are in?How did you know that you were going to marry your wife?Describe your 40s, how you envision them in your mind.Which personal trait do you least like?What gives you the most pressure now?
Profiles

Kenneth Mbae: The ‘tea boy’ running multibillion-shilling real estate firm

Friday August 11 2023

Kenneth Mbae is the Managing Director of Centum Real Estate. PHOTO | POOL

He is a tall man with a boy’s face. Once, while meeting a bunch of much older, more traditional businessmen in a boardroom, the suits asked him if he could serve them tea as they waited for Mr Kenneth Mbae. He served them tea and introduced himself later, “I’m Mr Mbae.”

At 36, a graduate of Kenyatta University (Bachelor of Science in Biochemistry) and an alumnus (AMDP XVIII) of Harvard University, Kenneth is making moves that would not be described as boyish. Top of mind was the transformation, a Sh5.5 billion asset ( a sisal plantation, really) to a Sh20 billion business when he was the managing director of Vipingo Development.

Before that, he was the deputy managing director of Athena Properties, which delivered Two Rivers Mall. He now heads Centum Real Estate as its Managing Director.

“People will take you seriously when you can deliver,” he says, “no matter how young you might look.”

How was your childhood?

Just a normal childhood, the best parents can provide. I grew up around the Mount Kenya region in Nanyuki. I went to the local public primary school and, in Class Five, went to a Catholic boarding school, Our Lady of Visitation in Timau.

I had three siblings, and we grew up with our cousins. My mum worked at a lawyer’s office. My dad was a teacher.

Why did you go to boarding school so early?

It was what parents around my neighbourhood preferred. They believed that boarding school promotes a greater sense of responsibility and the probability of better academic performance was higher. All my friends had gone, so I was also eager to go.

During the first term, I highly regretted the decision. I was homesick, I cried whenever I was alone, but being a boy, I couldn’t be seen crying. So I learned how to survive on my own. And with time, I become self-disciplined. Then I went to high school, still in the Mount Kenya region.

Then to Kenyatta University (KU), where I did Biochemistry. While at KU, I did a management certificate and diploma at the Kenya Institute of Management. After graduation, I joined Centum as a graduate trainee. I did all manner of work, including a charging parking attendant.

Charging parking?

Yeah, Centum had a plot where Utalii House sits. I was there as a cashier. We were trying to generate revenue out of that idle space.

After that, I went to the office and started doing rotations in every department. When I got to real estate, I felt at home. I like real estate.

What did you like about real estate?

It’s very similar to biochemistry in that it requires understanding how every component works. I was doing a lot of research, which I enjoyed.

I don’t think between 2010 to 2014 there was a Centum development that I never visited just to find out how everything works.

In 2010, when Two Rivers Mall land was acquired, I was put in charge of fencing and knowing the property boundaries. Where we sit today was a Napier grass plantation.

I also used to plant trees around the perimeter fence and the rivers. So I was the guy being sent to the ground.

That’s fascinating.

Yes. I was also the archives guy. I knew where every file was, including the engineering reports. I was the go-to guy. With a project like that, you start with the market studies. When the feasibility studies were being done, I would accompany the guys.

Then to validate those assumptions, you need to understand the market better than them (researchers) so that you can tell if they are giving you the correct data. I visited many offices in my knowledge quest.

What dreams did you have?

I just wanted to be successful. I wanted to be like my grandfather, who was successful by his standards. He was in business – buying and selling land and commodities.

He was semi-illiterate but a great business person. Even though I never met him, he influenced my life from a young age. He passed on before I was born. I’m named after him, Gitonga, which means a rich man in my Meru community.

We believe that you emulate the traits of the person you are named after. So I just thought one day I would be successful.

Would you take your children to boarding school at the age you went to school?

No! (Chuckle). Times are different. With what is happening in the world today, you need to spend more time with them, mould them.

When you have an office like this, towards the top of the food chain, do you find that you struggle to make time to be a dad?

I’m not at the top, yet. I’m demonstrating the potential to go to the top. I was fortunate to join Centum, an organisation with good growth. Now, you cannot delegate being a dad. You have to create time; it doesn’t matter how.

KennethMbae

Kenneth Mbae is the Managing Director of Centum Real Estate. PHOTO | POOL

And your children don’t care what you do because you are just their dad to them. So when they need you in the evening to be crawling with them, you have to be there crawling and doing homework. You have to create time.

And all the success and hard work you’re doing is for them. So I’ll be with them for 10 years. Maybe at 16, they’ll go to the world. So I can sacrifice 10 years.

I will be left with the balance of the years to be on my own. I struggle with balancing allowing the child to make decisions to explore and limiting them to protect them.

By shielding them, you’re not allowing them to take the risk they should. And, of course, you have high expectations of them.

You want them to be the best in everything, but they can only be the best if they are out to explore. My parents were uncompromising on discipline, and I am just as strict.

What are some of the things that occupy your mind now at 36?

I have a family that is accustomed to a particular lifestyle. I have a career that has given me a particular profile. I have many more years ahead.

How do I sustain what I have but also grow and make a difference? What skills must I have? Because the only thing that cannot be taken away from you is skill, money, and titles, can go.

One day you retire. If you retire, what happens? Can you sustain what you gave your family? Can you nurture the skills that you have? Can you grow? I’m more preoccupied with personal growth and the skill set I need.

What are you insecure about?

Poverty. [Chuckle. I don’t fear failure because I think I fail every day. I wake up here with a plan to do many things, and sometimes I barely accomplish them.

And sometimes, when I do some, they fail terribly. But out of the 10 things I do, if six are okay, that’s okay. But that failure of ending up with nothing makes me sleepless.

You have a very boyish face. How does that play with the kind of position you are in?

Sometimes when I go for meetings with guys in their 50s and 60s who have never met me, they tell me, “kijana tuekee chai.” [Laughs].

So then I have to quickly wonder if I should tell them I’m Mr Mbae. Usually, I just serve tea and later introduce myself, and they say, “Aah mbona ulitufanya tuvae suti!” [Laughs].

I’m used to people discounting me for my age. It doesn’t impact me. People will take you seriously when you have content and can deliver, no matter how young you might look.

How did you know that you were going to marry your wife?

Is there a man who prepares to get married? Are there men who say, “Next year, I will get married?” You find someone you like, become friends, and go through courtship.

What I liked about my wife was that she was arrogant and just not interested in me. That and I could see that she would make a good wife. So I pursued her until she became interested.

Describe your 40s, how you envision them in your mind.

You asked what I’m worried about. That typically starts in the 40s. I’ve observed things go horribly wrong for various successful men when they reach their 40s. They either end up bankrupt, with no family or with no jobs. I don’t know why. I hope that by 40 I will have grown this business and advanced myself significantly from career and personal development perspectives.

Which personal trait do you least like?

That’s a tricky question. [Pause] I lose interest quickly. When I’m disappointed, you can actually tell. It shows on my face instantaneously. I wish I could do the mature thing of being poker-faced, not allowing my body to speak for me.

What gives you the most pressure now?

It’s just that enormous responsibility I have. First for my family, second for myself, and the company. The company’s shareholders must get a return, and bankers must get their capital back. Employees must be motivated and incentivised. And now look at the market; there’s no money.

It’s a lot of pressure, and time doesn’t seem adequate, so I have to prioritise and focus on things that move. There are many things to be done, but I can’t finish all of them now, so I prioritise the most impactful.

→ [email protected]

#Kenneth #Mbae #tea #boy #running #multibillionshilling #real #estate #firm

TAGGED:boyCentumestatefirmKennethKenneth MbaeMbaemultibillionshillingrealrunningTeaTwo Rivers MallVipingo Development
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Visa (V) Tests Way to Make Paying Ethereum Gas Fees Easier Visa (V) Tests Way to Make Paying Ethereum Gas Fees Easier
Next Article China floods hit rice, corn crops; trigger food inflation worries China floods hit rice, corn crops; trigger food inflation worries
- Advertisement -

Latest Post

XRP, Dogecoin surges as Bitcoin Pepe launch nears
XRP, Dogecoin surges as Bitcoin Pepe launch nears
Cryptocurrency
Pepe price jumps 40% on Bitcoin rally
Pepe price jumps 40% on Bitcoin rally
Cryptocurrency
Trump reportedly is set to accept a jet from Qatar’s ruling family for possible use as Air Force One
Trump reportedly is set to accept a jet from Qatar’s ruling family for possible use as Air Force One
World News
Crypto Weekly Roundup: Ethereum Pectra Upgrade Goes Live, Meta Mulls Stablecoins, & More
Crypto Weekly Roundup: Ethereum Pectra Upgrade Goes Live, Meta Mulls Stablecoins, & More
Cryptocurrency
Analyst Tips Ethereum To Rival Bitcoin In The Long Run
Analyst Tips Ethereum To Rival Bitcoin In The Long Run
Cryptocurrency
US-China talks resume as Trump hails ‘total reset’ in trade relations
US-China talks resume as Trump hails ‘total reset’ in trade relations
World News
- Advertisement -

You Might Also Like

2 Reasons to Keep an Eye on JD.com Stock
Business

2 Reasons to Keep an Eye on JD.com Stock

June 29, 2024
Futures inch up as focus shifts to jobs data
Business

Futures inch up as focus shifts to jobs data

July 1, 2024
How Stockouts Lead to Emergency Purchases and Production Delays
Business

How Stockouts Lead to Emergency Purchases and Production Delays

February 10, 2024
Are You Rich Enough To Join The Top 5% Of Households? You May Be Wealthier Than You Realize
Business

Are You Rich Enough To Join The Top 5% Of Households? You May Be Wealthier Than You Realize

July 16, 2024

About Us

NEWS JUNCTION (NewsJunction.xyz) Your trusted destination for global news. Stay informed with our timely and accurate reporting on diverse topics, including politics, technology, science, entertainment, sports, and more. Count on us for unbiased and reliable updates at your fingertips.

Quick Link

  • About
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact

Top Categories

  • World News
  • Business
  • Technology
  • Entertainment
  • Cryptocurrency
  • Sports News
  • Trend
  • People

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

    © 2023 News Junction.
    • Blog
    • Advertise
    • Contact
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?