NAIROBI, Kenya, March 8 -As the world marks International Women’s Day (IWD) whose theme is Gender equality today for a sustainable tomorrow ,Kenya has not been left behind as it boasts of successful Chief Executive Officers, Managing directors who have steered good leadership in their respective workplaces. Despite the existence of gender gap in various […]
Tag: XNAI_EABL
NSE optimistic on bond trade as mortgage firm lists
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ The Nairobi Securities Exchange (NSE) sees a positive outlook for the private bond market in Kenya, urging investors to seize the opportunity to reap dividends. Speaking at the official launch of trade on Kenya Mortgage Refinance Company PLC (KMRC) bond at the bourse, […]
A toast to Tanzania for the fastest growth as we go into next century
Kenya Breweries Limited Managing Director Jane Karuku during interview with The EastAfrican in Nairobi on March 1, 2022. PHOTO | JEFF ANGOTE | NMG Whether it is Kenya Breweries, Serengeti Breweries or Uganda Breweries, EABL is an integral part of the society and the economy. In 2000, EABL attracted the global firm Diageo, who acquired […]
Local raw material sourcing spares EABL from Russia shocks
The strategic shift to local sourcing of raw materials has spared East African Breweries Plc (EABL) #ticker:EABL from supply chain disruptions following Russia’s invasion of Ukraine. The geopolitical event has led to soaring commodity prices including those of wheat and barley which are key brewing ingredients for the alcoholic beverages produced by EABL. “A few […]
Keroche: How KRA’s thirst for taxes brought brewers down
A plant operator at Keroche Breweries supervises the production of Vienna Ice Strong Lager. May 2021 The decision by the Kenya Revenue Authority (KRA) to shut Naivasha-based Keroche Breweries over tax arrears of Sh323 million has brought to the fore the bruising brawl between the taxman and local brewers. KRA, whose perceived high-handedness has seen […]
Local raw material sourcing spares EABL from Russia shocks
The strategic shift to local sourcing of raw materials has spared East African Breweries Plc (EABL) #ticker:EABL from supply chain disruptions following Russia’s invasion of Ukraine. The geopolitical event has led to soaring commodity prices including those of wheat and barley which are key brewing ingredients for the alcoholic beverages produced by EABL. “A few […]
A toast to Tanzania for the fastest growth as we go into next century
Kenya Breweries Limited Managing Director Jane Karuku during interview with The EastAfrican in Nairobi on March 1, 2022. PHOTO | JEFF ANGOTE | NMG Whether it is Kenya Breweries, Serengeti Breweries or Uganda Breweries, EABL is an integral part of the society and the economy. In 2000, EABL attracted the global firm Diageo, who acquired […]
Rosier times for Kenya’s post-Covid economy despite election jitters: analysts
Economic recovery began with easing of Covid containment measures and gradual resumption of business in the past year. PHOTO | FILE | NMG Market analysts expect rising political temperatures ahead of the August general election, rising fuel prices, lower agricultural output due to potential adverse weather and the desert locust infestation in the northern parts […]
Keroche rules out sale in Sh22.7bn clash with KRA
Keroche Breweries chief executive Tabitha Karanja addresses the media on March 9, 2022, regarding the tax row with Kenya Revenue Authority (KRA). She asked the taxman to reopen the plant to stem huge losses. PHOTO | DIANA NGILA | NMG Naivasha-based Keroche Breweries’ owners have ruled out the possibility of selling the firm facing an […]
Rosier times for Kenya’s post-Covid economy despite election jitters: analysts
Economic recovery began with easing of Covid containment measures and gradual resumption of business in the past year. PHOTO | FILE | NMG Market analysts expect rising political temperatures ahead of the August general election, rising fuel prices, lower agricultural output due to potential adverse weather and the desert locust infestation in the northern parts […]