Investors on the Nairobi Securities Exchange (NSE) #ticker:NSE have seen their paper wealth decline by Sh51 billion since the start of this month as foreign investors continued to flee the market. The market capitalisation opened at Sh2.43 trillion in April and had dropped to Sh2.37 trillion as of Tuesday. Russia’s invasion of Ukraine, profit-taking and […]
Beer production line at the EABL plant in Ruaraka, Nairobi on October 9, 2019. PHOTO | JEFF ANGOTE | NMG East African Breweries Limited (EABL) says it will increase the prices of its alcoholic products including beers and spirits if the Treasury implements a proposal to raise excise taxes on the products. EABL managing director […]
Pension funds were among the major buyers of the corporate bond issued by East African Breweries Plc (EABL) #ticker:EABL in October last year, a move that more than doubled their investment in debt sold by private companies to Sh6.8 billion. Before the brewer raised the funds, the corporate bond market had shrunk considerably on the […]
Pension funds were among the major buyers of the corporate bond issued by East African Breweries Plc (EABL) #ticker:EABL in October last year, a move that more than doubled their investment in debt sold by private companies to Sh6.8 billion. Before the brewer raised the funds, the corporate bond market had shrunk considerably on the […]
East African Breweries shareholders to receive a Dividend Payment of KES 3.75 per share on or around 27th April 2022. This applies only for shareholders that are in the Company’s Register of Members on 28th February 2022.Dividend AmountKES 3.75Dividend TypeCash DividendEx-Dividend / Book Closure28th February 2022Payment Date27th April 2022
East African Breweries shareholders to receive a Dividend Payment of KES 3.75 per share on or around 27th April 2022. This applies only for shareholders that are in the Company’s Register of Members on 28th February 2022.Dividend AmountKES 3.75Dividend TypeCash DividendEx-Dividend / Book Closure28th February 2022Payment Date27th April 2022
It is inherent for human beings to go after more conquests after winning some battles. Sometimes we do this at the expense of celebrating what we have accomplished over time. One such area is sustainability. Over the last years, Kenyan businesses have made tremendous achievements in continuity through bold investments and even bolder decisions. While […]
According to the latest report by IMARC Group, titled “ Uganda Spirits Market Growth, Size, Share, Industry Trends, Opportunity and Forecast 2022-2027 “, Uganda spirits market reached a value of US$ 1.62 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.28 Billion by 2027, growing at a […]
Kampala, Uganda — MetropolitanRepublic Uganda (MRU) has named Derek Mwesigye as their new creative director. Managing Director, Josephine Muvumba said: "Derek and his team serve as the backbone of the agency. Winning pitches outside Uganda, in a more advanced market raises the confidence we have in our work, our people and our service delivery. This […]
Keroche Breweries chief executive officer Tabitha Karanja. FILE PHOTO | NMG The Kenya Revenue Authority (KRA) has disclosed that the troubled Naivasha-based Keroche Breweries owes it Sh22.79 billion in unpaid taxes, darkening the future for the brewer that challenged the mighty East African Breweries (EABL) . The taxman in an unprecedented move offered a blow-by-blow […]
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