East African Breweries Plc has ramped up imports of spirits to avoid any stock-outs amid global supply-chain hangovers, according to Group Chief Financial Officer Risper Genga Ohaga. The Diageo Plc unit boosted inventory by 800 million shillings ($7.03 million) in the first half, fearing the December festivities would catch it without enough alcohol for revelers […]
NAIROBI, Kenya Jan 21-Shareholders’ wealth at the Nairobi Securities Exchange dropped by Sh185.73billion in the fourth quarter of 2021, as the markets still suffered from economic effects of Covid-19, the latest CMA statistical bulletin has revealed. The Capital Market Authority’s Q4 statistical bulletin shows that market capitalization at the Nairobi bourse dropped to Sh2.592 trillion […]
NAIROBI, Kenya Jan 14 – A young female artist from Nairobi has emerged as the winner of the competition by Kenya Breweries Limited to design a new logo as the company turns 100 years later this year. Ann Catherine Njuhi will take home Sh1 million, the top prize for the competition dubbed KBL Still Got […]
A view of Garden City Mall along Thika superhighway on February 15, 2021. PHOTO | LUCY WANJIRU | NMG British private equity investor Actis is set to bank Sh226 million ($2 million) annually in rent from the Garden City Business Park on Thika Road, which is nearly fully occupied after bagging two new corporate tenants. […]
Investors lost Sh56.7 billion of paper wealth at the Nairobi Securities Exchange yesterday, the biggest interday drop since March last year. The market soured for investors holding Safaricom stocks to lose Sh56 billion as its share price declined to Sh38.5. East African Breweries #ticker:EABL shed Sh1.1 billion, Equity Bank #ticker:EQTY lost Sh943 million and Coop […]
Dar es Salaam. When the year 2021 started, a share of the Tanga Cement Company Ltd (TCCL) at its Dar es Salaam Stock Exchange (DSE) trading counter was selling at Sh500. At the close of the year, the same share was being sold at Sh1,100, more than twice as much in value. The appreciation in […]
The public furore that erupted after the giant American fast-food chain KFC disclosed that it does not source potatoes locally because of quality standards has highlighted a major deficiency in economic policy-making in this country. We don’t have policies to guide and commit international investors to put money into developing local supply chains. A recent […]
Family Bank will pay investors an interest rate of 12.5 percent on the tranche of its corporate bond which carries a variable coupon. The bank says investors holding the floating rate bonds will receive their second interest payment on June 24, 2022, when owners of its fixed rate notes will also be paid at the […]
Nairobi — The first round of the Kenya Breweries Limited (KBL) logo competition ended on Monday, with the winner set to be awarded Sh.1 million. The competition dubbed "Still Got Skillz?" is divided into two phases (entry and hackathon), and would see young creative artists between the ages of 21 and 25 have an opportunity […]
Visual storyteller, Wixx Mangutha creating her artistic interpretation of the Kenya Breweries Limited (KBL) journey to 100 years. KBL has launched a corporate logo redesign competition ahead of its 100th birthday in 2022 NAIROBI, Kenya Dec 20 – The first round of the Kenya Breweries Limited (KBL) logo competition ended on Monday, with the winner […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.