East African Breweries is cautiously optimistic about the prospects for its second half, its chief executive has said, adding that the threat posed by the COVID-19 pandemic is not over. Jump In Sales The firm, which is controlled by Britain’s Diageo, posted a 23% jump in sales during its first half to the end of […]
Top Gainer The top gainer of the day at the Nairobi Securities Exchange was Uchumi Supermarket with 10.10 percent at the price of 0.22 shillings per share followed by Sasini with 7.43 percent at the price of 21.70 shillings per share. Umeme and Kakuzi gained 6.21 and 5.73 percent at the price of 6.50 and […]
NAIROBI, Kenya Feb 10-WPP Scangroup has announced the appointment of Patricia Ithau as Chief Executive Officer. Ithau comes in to head Scangroup following the resignation of Bharat Thakrar as CEO and board member in March 2021. She is a highly accomplished business and marketing leader who brings more than 25 years of experience in senior […]
The turnover recorded was more than two folds improvement from last month’s 5.51bn/- turnover and January 2021 turnover of 6.72bn/- According to statistics from DSE, both market Indices closed the month on the positive side with the All-Share Index (DSEI) gaining 22.08 points and closing with 1,918.79 points while While the Tanzania Share Index (TSI) […]
The revelation that 97 percent of stock trading accounts have been dormant for years should spur regulators and other stakeholders in the capital markets into action. It speaks to widespread investor apathy that comes on the back of disappointing returns, a major part of which can be traced to poor corporate governance among some Nairobi […]
Kenyan billionaire investor John Kibunga Kimani. In 2018, Billionaire investor at the Nairobi Stock Exchange (NSE), John Kibunga Kimani, set up a foundation valued at Ksh93 million to give back to Kakuzi squatters, a society he spent his childhood in. At the time, Kibunga explained that he wanted to empower the community and dedicated his […]
East African Breweries Limited Managing Director Jane Karuku. PHOTO | JEFF ANGOTE | NATION MEDIA GROUP The brewer attributed the 23 percent growth to investment behind brands and innovation in the route to market in response to consumer behaviour shifts. EABL has also reported a 51 percent increase in physical asset acquisition in support of […]
NAIROBI, Kenya Feb 4-The East African Breweries Limited(EABL) Sh11 billion bond has scooped the local currency Corporate Bond Deal of the year award at the 2022 edition of the Bonds & Loans Africa Awards. According to the award organizers, the award follows a rigorous selection process and seeks to recognize the most innovative and ground-breaking […]
The turnover recorded was more than two folds improvement from last month’s 5.51bn/- turnover and January 2021 turnover of 6.72bn/- According to statistics from DSE, both market Indices closed the month on the positive side with the All-Share Index (DSEI) gaining 22.08 points and closing with 1,918.79 points while While the Tanzania Share Index (TSI) […]
The revelation that 97 percent of stock trading accounts have been dormant for years should spur regulators and other stakeholders in the capital markets into action. It speaks to widespread investor apathy that comes on the back of disappointing returns, a major part of which can be traced to poor corporate governance among some Nairobi […]
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