24.4 C
Nairobi
Sunday, December 22, 2024

Kigen Moi: Little Known Gideon Moi’s Son At The Helm Of Multi-billion Power Plant Sosian Energy

Kigen Moi is the company director of Sosian Energy  Gideon Moi's first born is an alumnus of Bristol University in England  Over the weekend,...

The Top Five Tailors In Kenya

HomeWealthBusinesses And Properties Owned By CITAM Church

Businesses And Properties Owned By CITAM Church

JOIN WOK ON TELEGRAM

Christ is The Answer Ministry (CITAM) formerly known as Nairobi Pentecostal Church was established in 1959, as a ministry of Pentecostal Assemblies of Canada (PAOC).

Over the years, the church which has branches spread across the country has also been making investments in different sectors.

For instance, in 2021, CITAM’s total income including tithes, offerings and donations stood at Ksh 2.53 billion, a Ksh 57 million increase from the previous year.

A sizable amount of the total income was generated from businesses and properties owned by the church.

In this article, WoK looks at businesses owned by CITAM.

Hope Media

CITAM owns Hope Media which runs Hope TV and Hope FM.

The media stations broadcasts in both English and Swahili, offering life changing sermons, inspiring music and updates on day-to-day issues.

Hope FM started broadcasting in 2003, while Hope TV was launched in 2016 in a ceremony graced by among others, former ICT CS Joe Mucheru.

For Hope TV, its programming is designed to inspire and educate viewers with tailor made content for children, youth and adults.

Under this brand, CITAM also runs a recording stufio dubbed, Hope Studios, offering high quality music, audio and video recording services.

Rental properties

CITAM also owns rental properties which generates extra income for the church.

In 2021, a report showed that the church made Ksh 6.2 million from the properties, while it made Ksh 6.4 million in 2020.

Pan Africa Christian (PAC) University

Pan Africa Christian University is a private Christian University located within the premises of CITAM Valley Road.

They also have a branch in Thika Road.

CITAM is an active supporter of PAC University in a variety of ways, including direct financial support for certain projects as well as student scholarships.

The university’s Board of Trustees and Governing Council has a number of CITAM members who have delivered invaluable input that has led to its growth over the years.

At the same time, most CITAM pastors and ministry leaders are alumni of PAC University.

Hotels and resorts

CITAM has also invested in hotels and resorts which appeared to be among their most profitable investments.

They run among others the CITAM Kadolta resort located in Kiserian, Kajiado County.

The resort offers accommodation, conference facilities, restaurant, team building, camping and swimming among other services.

They also organize events on special occasions like Valentine’s Day and Mother’s Day.

CITAM Schools

CITAM runs CITAM Schools which has presence in different towns across the country offering both CBC and 8-4-4 curriculums.

They also offer co-curriculum activities which improves pupils’ physical, emotional and social development.

CITAM has schools in Athi River, Buruburu, Eldoret, Ngong, Kisumu, Woodley, Clay City, Nakuru, Rongai and Kiserian.

The church made Ksh 684 million from the schools in 2021, up from Ksh 213 million in 2020 with CITAM attributing the increase to increased pupil enrolment and the revised school calendar.