Home Afrika has made significant strides in achieving financial stability, with a total asset value of KES 1.4 billion in 2019. This substantial growth is a testament to the company's sound financial management.
The company's financial stability is also reflected in its ability to pay dividends to its shareholders, demonstrating a commitment to rewarding its investors. Home Afrika has consistently paid dividends, showcasing its financial strength.
Home Afrika's financial stability is built on a solid foundation of prudent financial planning and management.
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Company Structure
Home Afrika Limited is a property development company with a diverse portfolio of properties.
The company's properties include Morningside Office Park, Migaa, Mitini Scapes, Tamarind Tree Residence, Lakeview Heights, Llango, and Smart Plots-Kantafu.
Home Afrika Ltd has a significant project, Kantafu Gardens, which spans approximately 80 acres.
Llango is a mixed-use development located in Tiwi, Kwale on an approximately 20 acre piece of land.
Lakeview Heights is an integrated mixed-use development planned on an approximately 100 acres located on RIAT Hills in Kisumu County.
Tamarind Tree Residence comprises approximately 300 apartments developed over three phases.
Mitini Scapes is located within Migaa Golf Estate on an approximately 15 acre piece of land.
Migaa is an integrated Golf Estate on an approximately 770 acre land.
Home Afrika with its subsidiaries forms the Home Afrika Group, which trades its stock on the Nairobi Stock Exchange (NSE) under the symbol HAFR.
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Governance
Home Afrika's governance structure is overseen by an eleven-person Board of Directors.
The chairman of the Board is Lee Karuri, who plays a crucial role in shaping the company's direction.
Home Afrika's CEO is Dan Awendo, who is responsible for the day-to-day operations of the company.
Here's a brief overview of the company's governance structure:
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